MNC Media Investment Ltd. provides entertainment-oriented telecom value-added services (VAS) and content to consumers and enterprises through a range of traditional and new media platforms in Mainland China, Indonesia, Singapore, Malaysia, and Hong Kong. The company focuses on media, entertainment, marketing, communication and edutainment products, which are promoted through various nationwide distribution networks, integrated service platforms, and multiple marketing sales channels, as well as through the networks of Internet companies and mobile operators in Mainland China and Indonesia. The company provides entertainment content to Internet and mobile users, online PC and mobile game services, media content and audio distribution and related services, operating online news and entertainment and parenting portals, and trading in quoted securities. In 2013, the company launched its proprietary parenting and family-oriented entertainment portal, fumubang.com (Fumubang), which is a specialized platform that offers information and services related to children and family entertainment and activities, motherhood, education and healthcare. As a social networking platform, Fumubang also enables parents to share their family experiences online. China VAS, Mobile Game & PC Game The company provides entertainment-oriented telecom value-added services, including short messaging services, multimedia messaging services, wireless application protocol, Java (Java games), interactive voice response services and ring back services to phone users through various subsidiaries of China Mobile Communications Corporation (China Mobile), China United Communications Corporation, China Telecom Corporation, and China Netcom Corporation. The company’s China VAS services are provided through codes Access Codes or Short Codes, which are special telephone numbers shorter than full telephone numbers used for value-added services, such as television program voting, ringtone ordering, charity donations, and mobile services. The company contracts with the operators for the transmission of telecom value-added services, as well as for billing and collection services. The company licenses content from independent content providers. Its mobile game service revenue is primarily derived from providing downloadable mobile games products to mobile game operators. It contracts with mobile game operators who in turn provide a platform for users to download its mobile games. The company provides its PC game services through its subsidiaries, Brilliant, Wang You, and its Variable Interest Entity, Shenzhen Yuan Hang Technology Co., Ltd. The company receives subscription fees from distributors for the sales of game cards, in either physical or virtual form, with a certain number of game points incorporated in the cards. Indonesian VAS The company provides entertainment-oriented telecom VAS to users of mobile telecommunications networks in Indonesia. The company provides VAS services through agreements with Infokom, a related party, who in turn have cooperative arrangements with network operators in Indonesia, as well as through agreements made directly with the operators in Indonesia. The company assessed its relationship with Infokom and the network operators in Indonesia. Advertising Revenue The company derives advertising revenue from Okezone.com in Indonesia and mobile advertising from China. Advertising revenue on Okezone.com is recognized ratably over the advertisement period as specified in the contract or online order. Media Contents This company recognizes revenue from the sale of goods when the risk of loss and title has been transferred to the customer, which usually occurs at the time shipment is made (i.e., destination point). History The company was founded in 1999. It was formerly known as Linktone Ltd. and changed its name to MNC Media Investment Ltd. in 2014.
mnc media investment ltd-adr
(LTONY:OTC Markets Group Inc - Current Information)
39 MacTaggart Road
Phone: 65 6848 1212
|A8 New Media Group Ltd||$0.95 HKD||-0.02|
|Leju Holdings Ltd||$7.64 USD||-0.41|
|PMP Ltd||A$0.45 AUD||+0.005|
|Shenzhen ZQGAME Co Ltd||CNY39.88 CNY||-3.94|
|View Industry Companies|
|Price/Cash Flow||NM||Not Meaningful|
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To contact MNC MEDIA INVESTMENT LTD-ADR, please visit www.mncmi.com. Company data is provided by Capital IQ. Please use this form to report any data issues.