4KUniverse, DiaDem sign 10 year China deal
January 16, 2017
4KUniverse, the 24/7 Ultra HD general entertainment channel launched in North America by Matthew Mancinelli, has signed a 10-year agreement with tech company DiaDem Technologies to distribute the channel throughout China.
The wide-ranging agreement gives DiaDem Technologies exclusive distribution rights to 4KUniverse in China, grants them authority to secure content approval with the Chinese government and becomes the technology backbone to launch 4KUniverse’S 4K linear and 4K SVoD offering across all platforms.
“It’s refreshing that both Gordon Gu, CEO of Diadem Technologies and I share the same vision about 4K market growth, rapid deployment of fiber internet speeds and the eventual rollout of 5G mobile technology, says Founder/CEO of 4KUniverse, Matthew Mancinelli. “I look forward to working together to distribute the 4KUniverse channel to the millions of Chinese who currently, and will eventually, own a 4K-enabled device.”