Chinese ITV Provider C9 Media Receives $750K In Seed Funding

Beijing-based ITV producer C9 Media has raised $750,000 in seed financing from Dragonvest Partners. The funding will be used to launch C9 Media’s interactive new media TV service across China. The company’s revenue comes from the fixed line and mobile telecommunications services associated with its interactive TV programs. It shares that revenue with its TV channel partners. C9 Media has partnered with European interactive quiz show broadcaster Ostrich Media. Release

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