AccessMyLibrary provides FREE access to over 30 million articles from top publications available through your library.

Chinese market worth 50m [pounds sterling] ready to open up to UK indies. (International).

Music Week

| February 02, 2002 | Jones, Joanna | COPYRIGHT 2002 UBM Information Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

A fact-finding mission by Aim's international committee to Beijing, Shanghai, Hang Kong, Seoul and Tokyo has uncovered a huge potential market for UK independent music and resulted in the first licensing deal struck by a UK indie in China.

A newly-issued executive summary of the association's Aiming East report revealed that the market in China, which has a population topping 1.2bn, was worth about 50m [pounds sterling] in legitimate music sales during 2000 and that more than 200m people there are expected to have broadband internet access by the end of this year. However, it also estimated a 70% piracy rate in China -- the worst in the region -- targeted mainly at high-profile international and local acts.

But China's recently-acquired membership of the WTO, its cultural push ahead of the 2008 Olympics in Beijing and a government crackdown on audio piracy should all further ripen the conditions for the UK's bid to penetrate the local market. Gavin Robertson, managing director of Aim's MusicIndie operation, notes, "The number of people learning English, for instance, in anticipation of the Olympics is absolutely astonishing and the music industry will benefit on the back of that."

Robertson believes UK independents gaining further exposure to the market is the first step to increasing business there. "The only music being bought and sold from UK indies is being brought back by small club DJs and it is all ...

Related articles from newspapers, magazines, journals, and more
UK Indies test potential of new frontiers.(Cairn Energy USA Inc.)(Brief article)
Newspaper article from: Petroleum Intelligence Weekly May 1, 2006 700+ words
Soaring oil prices and shrinking opportunities at home are turning UK-based independents into active players in the oil industry's global land grab. Propelled by the maturing of their original North Sea base and the lure of $70 oil, the likes of Cairn Energy, Premier Oil and Sterling Energy are
UK indies ride high once again.
Newspaper article from: Petroleum Intelligence Weekly March 22, 2004 700+ words
The UK's independent oil companies are back in favor. Investors are showing a renewed appetite for risk and moving out of defensive stocks such as the integrated oil majors and into more speculative plays, helping to lift shares in most independents to their highest level since the oil price slump
UK Indies ride high in India, Africa.(petroleum industry)
Newspaper article from: Petroleum Intelligence Weekly August 16, 2004 700+ words
The good news keeps on rolling for UK exploration and production success stories Tullow Oil and Cairn Energy as they reinvent themselves far from home. Cairn's share price continues to rocket on the back of repeated drilling success in India, while this month sees the conclusion of Tullow's $500
New entertainment wholesaler for UK indies.(BUSINESS)
Newspaper article from: Screen Digest January 1, 2009 700+ words
[Games] New home entertainment wholesaler, Wholesale Direct (WD), has been launched by Online Commerce, owner of such online retail websites as dvd.co.uk. Wholesale Direct aims to supply DVDs, CDs, games and memory products to the UK independent entertainment retailers. It currently stocks over
China Home News From Xinhua (Part 1)
Newspaper article from: Xinhua English Newswire October 17, 1995 700+ words
...news items from the Home News for Overseas Service of Xinhua today: PwsdE1017022 BC-China-Spokesman PwseE1015008 BC-China-Smoking PwseE1017006 BC-China-Beijing-Inspection PwseE1017005 BC-China-Auto-Joint Venture PwsdE1017020 BC...
China's Largest Airline Positioning To Be The ``Federal Express'' of China;...
Press release article from: Business Wire June 21, 2002 700+ words
...BEIJING--(BUSINESS WIRE)--June 21, 2002 China Southern Airlines (NYSE: ZNH) (HKSE: 1055), the largest airline in The People's Republic of China, has inked a new agreement with China State Post Bureau which will secure China Southern...
China have set a Renewable Energy Target of 10% of Electric Power Capacity by...
Press release article from: Business Wire March 12, 2008 700+ words
...the addition of "Analyzing Renewable Energy in China" to their offering. "China's rapid economic growth and heavy reliance on...environmental toll that is one of the most apparent costs of China's economic success, persistent rural poverty...
China Telecom chief proposes acquisition of China Unicom network.
Newspaper article from: China Business News February 4, 2005 700+ words
China Telecom chief proposes acquisition of China Unicom network Shanghai. February 4. INTERFAX-CHINA - China Telecom Chairman Wang Xiaochu has proposed teaming up with China Netcom, the country's second largest fixed-line operator, to...
For more facts and information, see all results
©2009 Gale, a part of Cengage Learning. All rights reserved.
About us | FAQs | Contact us | Privacy policy | Terms and conditions
Other Gale sites: Encyclopedia.com | HighBeam Research | Acquire Content | Books & Authors | Goliath | MovieRetriever | Smart QandA