BEIJING, April 4, 2008 /Xinhua-PRNewswire/ -- Greater China Media & Entertainment Corporation (OTC Bulletin Board: GCME), an integrated professional media and entertainment company, released the link for the audio interview between www.WallSt.net and the manager of the Company’s Public Relations department. Wallst.net is a financial media group which creates valuable opportunities for public companies to increase exposure via interviews, news, forums, etc.
“I appreciate the opportunity of this interview with Wallst.net,” stated Jake Wei, CEO of Greater China Media & Entertainment. “It is a great channel to let more people learn about the status of GCME, what we’ve achieved and what they can expect in the near future. I’m looking forward to another one soon.”
Click http://www.wallst.net/audio/audio.php?ticker=GCME&id=4551 to hear the interview in its entirety.
About Greater China Media and Entertainment Corporation:
Greater China Media & Entertainment Corp. ("GCME" or the "Company") is an integrated professional media and entertainment company covering various areas, including film and TV program production, management, promotion and distribution. The Company maintains its own film and television production center, promotion agency, audio-visual distribution company, digital network company, talent agency and sales and advertising agency as a result of recent joint ventures. With its broad range of media and entertainment talents, the Company is capable of making films, TV programs and related projects on a large scale.
Joint Ventures and Affiliated Entity:
In 2006, the Company formed a joint venture with Beijing Racemind HuaDing International Marketing Consultants Limited (Racemind) specializing in public relations, media strategy, consulting and event management services.
The Company signed an agreement with Beijing Star King Talent Agency to form a joint venture to carry on business as a talent agency. This joint venture is in process.
In March 2008, the Company obtained control of a local Chinese company called Beijing HuaDing Century International Cultural Limited Corp. ("Beijing HuaDing") to produce movies and TV series.
Milestones
Movie and TV series
-- GCME signed a trust agreement with Beijing Jin Ying Xiang Media
Culture Limited Corp. to produce ‘Rose Thorn’, a 24-episode TV series
-- GCME-signed stars appear in the ‘Invincible’ TV series
-- GCME closed first round of private placement for US $1.6 million
-- Signed a production and distribution deal with Mega Vision Productions
Limited for the new movie ‘Tough Guy’
-- Delivered its first script for its ‘True Love’ television series to be
directed by famed director Wong Jing
-- Signed a production and distribution deal for its ‘Poor Dad, Rich Dad’
television series with HuaYi Union Cultural Media Investment Company
Limited. The series wrapped up shooting recently
Racemind HuaDing
-- Released 2007 Chinese Film Industry Overview
-- Released Contracts Achievement for January, February and March 2008
-- Signed service agreement with Siemens Ltd., China’s Transportation
Systems group. Organized the 10th Anniversary Ceremony of Siemens
Management Institute
-- Selected by Microsoft China as an approved public relations vendor
For more information, please visit the Company website at http://www.greaterchinamedia.com .
Forward-Looking Statements
This report contains "forward-looking" statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements other than statements of historical facts included in this report are forward-looking statements. Forward-looking statements involve risks and uncertainties including, but not limited to, economic and political factors; developments of the Chinese and North American markets and changes in regulatory matters; our business strategies and future plans of operations; the market acceptance and amount of sales of our products and services; our historical losses; the competitive environment within the industries in which we compete; and our ability to raise additional capital, currently needed for expansion. The Company cautions that forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from those indicated in the forward-looking statements due to several important factors.
For more information, please contact:
Greater China Media & Entertainment Corp.
Jake Wei
Tel: +86-10-5921-2333
