A leading online music portal, led by a strong team of Internet, engineering, commercial and music professionals, is seeking venture capital support for expansion purposes in the world's largest Internet market (China). The firm endeavors to raise US$5 million; use of funds includes digital rights purchases and arrangements, marketing, domestic M&A, etc.
Note that this firm is open to commercial cooperation as well (leveraging their metrics / base below, advertising).
Some of the metrics surrounding the firm include the following:
* A registered user base of over 2,000,000 subscribers in China and Asia with up to 10,000,000 non-subscribing users.
* Over 10,000,000 page views a day.
* 100,000 amateur artists in China.
* Over 800,000 music fan bloggers.
Boyd R. Jones