FAB Universal (FU), a distributor of digital entertainment across the globe, announced today that it has reached an advertising agreement with Shanghai Qiujia Culture Media to provide advertising on the top screen of the FAB Intelligent Media Kiosk Network. Annual revenue over the course of this five year, non-exclusive agreement is anticipated to equal over $1.6 million.
Shanghai Qiujia Media is an outdoor media company engaging in advertisement design, production, and distribution. Quijia Media operates interactive media advertising, while simultaneously serving as an Information Network system equipment supplier. In 2008, Qiujia Media worked alongside Shanghai Transport Investment Corporation in the development of a Public Information Network System. This new system would own the electronic information transport publishing rights for publishing advertisements and other data to railways, buses, and subways.
FAB’s business model is based on the sale of licenses, ongoing media content downloads, media membership cards, and kiosk-based advertising from its Intelligent Media Kiosk Business. FAB gives consumers the ability to purchase and download copyrighted music, video games, and movies directly to their mobile devices, such as cell phones and tablets. In addition, FAB Media Kiosks can run video ads on the built in LCD screens and accept payments for utility bills, metro cards, credit card bills, and other services.
For further information, please visit www.fabuniversal.com
FAB Universal Announces Kiosk Advertising Agreement with Shanghai Qiujia Culture Media
FAB Universal (FU), a distributor of digital entertainment across the globe, announced today that it has reached an advertising agreement with Shanghai Qiujia Culture Media to provide advertising on the top screen of the FAB Intelligent Media Kiosk Network. Annual revenue over the course of this five year, non-exclusive agreement is anticipated to equal over $1.6 million.
Shanghai Qiujia Media is an outdoor media company engaging in advertisement design, production, and distribution. Quijia Media operates interactive media advertising, while simultaneously serving as an Information Network system equipment supplier. In 2008, Qiujia Media worked alongside Shanghai Transport Investment Corporation in the development of a Public Information Network System. This new system would own the electronic information transport publishing rights for publishing advertisements and other data to railways, buses, and subways.
FAB’s business model is based on the sale of licenses, ongoing media content downloads, media membership cards, and kiosk-based advertising from its Intelligent Media Kiosk Business. FAB gives consumers the ability to purchase and download copyrighted music, video games, and movies directly to their mobile devices, such as cell phones and tablets. In addition, FAB Media Kiosks can run video ads on the built in LCD screens and accept payments for utility bills, metro cards, credit card bills, and other services.
For further information, please visit www.fabuniversal.com
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