GigaMedia Makes Strategic Investment in Rock Music Group's Rock Internet Corporation.

PR Newswire | May 15, 2001 | Copyright

Company Strengthens Bid to Create Leading Chinese Music Portal

and Develop New Revenue Streams

TAIPEI, Taiwan, May 15 /PRNewswire/ --

GigaMedia Limited ("GigaMedia") (Nasdaq: GIGM) ( www.giga.net.tw ), a leading multi-technology provider in Taiwan of broadband Internet access services and broadband content for Chinese markets, today announced the purchase of a 5% equity stake in Rock Internet Corporation ("RIC"), the technology arm of Rock Group ("Rock"), the leading music company in Greater China. In conjunction with the recent EMI alliance, the ...

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