CDKnet to link with Asia Pioneer

Deal gives HK group technology rights

NEW YORK — Internet tech company CDKnet plans to announce today a licensing agreement with Asia Pioneer Ltd., a Hong Kong group serving the giant Chinese-speaking population worldwide.

The deal, worth about $3 million in cash and Asia Pioneer stock, grants the Hong Kong group the right to CDKnet’s web-connected multimedia CD technology — enabling Asia Pioneer to offer customized CDs on its new music website.

Beatasia will launch Dec. 18 with the webcast of a world premiere musicvideo from Asian star Aaron Kwok.

CDKnet’s proprietary technology links audio, video and the web. The company said its MixFactory is the only site where consumers can mix CD-quality music with full-motion video to create their own customized multimedia.

Want to read more articles like this one? SUBSCRIBE TO VARIETY TODAY.
Post A Comment 0

Leave a Reply

No Comments

Comments are moderated. They may be edited for clarity and reprinting in whole or in part in Variety publications.

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

More Digital News from Variety