- Funding Needed
- $100 (Mio)
- EB5 Funding
- $100 (Mio)
- EB-5 Investors
- 200
- Investment Amount
- $500,000
- Category
- Information
- Sub-Category
- All Other Telecommunications
- State
- California
- Location
- Los Angeles
- Last Update: February 04, 2015 01:01 PM
Funding
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HOLLYWOOD MEDIA HOLDINGS EB-5, LOS ANGELES
Project Description
he main purpose Hollywood Media Holdings EB5, LP is to provide financing for the R&D and operation of a high technology media and telecommunications company named 8sianMedia. Led by Rex Wong, whose previous companies included Applied Semantics, the developers of AdSense that was sold to Google and now represents 90% of Google’s $20 Billion in annual revenue, and Able Kwan, the father of Asian TV in America, who was responsible for bringing Hong Kong’s TVB Jade Channel, Hunan Channel and CCTV to the United States, 8sian is building one of the largest digital and new media networks in the world based on its patent-pending, multi-platform cloud-based technology. Capitalizing on the shift from traditional media to digital and mobile media, 8sian’s technology allows it to provide TV channels, mobile phone service, internet service, advertising and digital sign content to a whole array of digital screens including smartphones, tablets, computers, signs and TVs.
8sian’s products and services include 8sianMobile, a full service mobile and telecommunications company providing mobile phone voice and data services to Asian Americans, 8sianTV, an OTT IPTV television service delivering over 50 channels of Chinese and American TV, including CCTV and SMG, over the Internet as well as on cable TV channels reaching over 5 million subscribers, 8sianRestaurants, a digital sign advertising network delivering content and advertising to hundreds of restaurants and reaching over a million viewers per month, 8sianApp, a community mobile app providing news, live and on demand TV and other entertainment content to mobile phones, 8sianWeb, a media entertainment portal website, and 8sianNet, an ISP delivering high-speed broadband Internet to homes.
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