LOS ANGELES – 4KUNIVERSE, the first 24/7 4K Ultra HD general entertainment channel launched in North America by Matthew Mancinelli announced today it 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.”
“It’s a great opportunity to both DiaDem and 4KUNIVERSE to promote and develop the 4K market through all tech ways, from fiber, cable, satellite, wireless and coming 5G mobile, etc. Our investment on SEEi.TV, the leading live-streaming tech platform, can offer both IP and SDI signal to all individuals/OTTs and TVs, thus to keep the Max flexibility to match with the market expectation. The same vision on both technology and market development trends for 4K affords a natural partnership between our companies. I trust the 10 year exclusive partnership can bring fruitful return to both,” says Gordon Gu, CEO of DiaDem Technologies.