China Digital TV Holding Co., Ltd. (NYSE: STV) said that it has reached a strategic agreement with Jishi Media Co., Ltd. to cooperatively develop value added services in Jilin Province.
According to the agreement, China Digital TV and Jishi Media will establish a long-term strategic relationship and leverage their respective strengths to develop VAS services, including cloud games, cloud motion-sensing games and OTT multi-screen interactive offerings. Jishi Media will provide technical support in the areas of cable network resources, and its large customer base in the province. Meanwhile, China Digital TV will leverage its industry-leading technological capabilities and project operations experience to offer solutions for cloud platform technologies.
Founded in 2004, China Digital TV is the provider of CA systems and comprehensive services to China´s expanding digital television market. Its website is at chinadtv.cn.
Jishi Media is a leading cable television services company in China´s Jilin Province.