London and Hong Kong, November 13, 2006 – Music Copyright Solutions ("MCS") today announced the establishment of an Asian subsidiary ("MCS Asia") to acquire, manage and administer ownership of music in China and throughout the continent, and operate in an environment of tremendously high growth.
MCS will be based in Hong Kong and will be the company’s first direct presence in the region. The local subsidiary will provide the company with a platform to develop a new revenue stream, and enhance the ties between it and Asian songwriters, regional owners of music rights and other industry professionals.
