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CHINA TUNES UP WITH AIM
December 21, 2003 | Variety.com
CANNES - State-owned China Record Shanghai Corp. has signed a groundbreaking
deal with L.A. publishers AIM Group to break Chinese talent in U.S. and Europe,
in a pact brokered at music confab Midem. AIM will market CRSC's 60,000-strong
catalog of titles while Western artists will get the chance of exposure in China
in a long-term relationship "We are keen for Chinese music to go abroad and for the
outside world to have contact with the Chinese music industry," CRSC general manager
Zhao Daxin said. China's first trip to Midem was recognized by this year's conference
"Music Business in China--New, Big and Undiscovered."
Speakers, including Gary Ge Chen of Pulay Talent Agency, Modern Sky CEO Lihui Shen,
New Style's Timothy Xu and Daxin agreed that a lot of work needed to be done in China
to better regulate copyright protection and publishing to boost the creative industry
-- both for local repertoire and imports. The China deal wasn't the only one that
augured well for music from the Asia region. Taiwan revealed a major effort to invest
in the music industry in its country, to diversify its income streams away from manufacturing.
Some $2 million will be used to build the first national audiovisual database that will
be maintained by the government. The database will be available free to all sectors of
the industry. Joseph Lee, of the Taiwan government information office, said,
"We want to create opportunities for increased employment, to stimulate local
production coming from the audiovisual sector."
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