Breaking News

SAMA Expands CPU Cooling Lineup with A60 and A40 Series Air Coolers for Gaming and Creator PCs The Lockerstor 12R Pro Gen2 and 16R Pro Gen2 are Here! TRUSTA Highlights SSD Power Efficiency for AI Servers at OCP APAC 2025 XPG Launches VALOR NANO Compact Cases with the All-New PYMCORE SFX PSU Speedlink announces illuminated mechanical 60% gaming keyboard

logo

  • Share Us
    • Facebook
    • Twitter
  • Home
  • Home
  • News
  • Reviews
  • Essays
  • Forum
  • Legacy
  • About
    • Submit News

    • Contact Us
    • Privacy

    • Promotion
    • Advertise

    • RSS Feed
    • Site Map

Search form

Toshiba EMI Outsources its CD Production to Memory-Tech

Toshiba EMI Outsources its CD Production to Memory-Tech

Optical Storage Dec 13,2005 0

Memory-Tech Corporation, Kinyosha Printing Co., Ltd., Goldman Sachs Group Inc. including Goldman Sachs (Japan) Ltd., and Aitec Co., Ltd. formally agreed to become the joint assignee of the manufacturing division of Toshiba-EMI Ltd. including Gotemba Plant and Custom Sales Department. In accordance with this agreement, Toshiba-EMI is scheduled to sell to the four companies all shares of a new company "Toemi Media Solutions Limited (assumed name)", which will be established by corporate separation of its manufacturing division on 26th December 2005. Memory-Tech will be the main shareholder of the new company.

Toshiba-EMI is one of the leading music company in Japan, and is a joint venture between Toshiba Corporation and EMI Music that conducts marketing activities in over 50 countries worldwide. The company manufacturers audio CD releases for many artists worldwide at its Gotemba Plant.

However, Toshiba-EMI has faced challenges in future investment on new manufacturing technique. As more investment is required to discover and develop artists or to produce and promote songs (A&R) in the music industry, Toshiba-EMI has realized that possible restructuring and intensifying competitions in CD manufacturing would make it more difficult to reduce the production cost.

Toshiba-EMI has carefully considered assigning the manufacturing division to companies who can maintain the employment and growth of the division with future prospects in disc manufacturing, and has determined to sell the shares to four companies including Memory-Tech, who takes aggressive growth strategies and has developed the next-generation optical disc HD DVD.

Memory-Tech Group is a leading OEM of optical disc including CDs and DVDs. The company offers a total service that includes planning, production, and distribution of CDs and DVDs to major Japanese, U.S. and Chinese film/music companies.

In collaboration with Goldman Sachs, a leading U.S. investment bank, Kinyosha and Aitec as strategic partners, the Group will take advantage of the economy of scale by actively implementing M&A domestically and internationally to expand the disc manufacturing business.

Memory-Tech Group has a plan to form a capital alliance with Goldman Sachs on the occasion of this takeover and will utilize M&A effectively. By vertically integrating the value chain from post-production of music and video to logistical service, and incorporating the disc-related businesses such as archiving or broadband distribution of music and video, the Group will aim for a market leader that integrates middle-market between content providers and end users.

Tags: Memory Tech
Previous Post
SAI Relases ReadDVD! UDF Reader Software for Mac OS 10.4
Next Post
ATI Gives Radeon X1600 Series For Less than $200

Related Posts

  • Memory-Tech Ready To Start Mass Production Of UHD Blu-ray Disc

  • Memory-Tech Promises Improved Audio CD Quality With New UHQCD Technology

  • Memory-Tech Orders New BLULINE II Machine From SINGULUS

  • Memory-Tech Develops Production System For CBHD Discs

  • Memory-Tech to Offer Chinese Version of HD DVD Discs in China

  • Memory-Tech and Toshiba Announce Single-sided, Twin Format Disc for DVD and HD DVD

  • Sanyo to Sell Optical Disc Business to TOEMI

  • First HD-DVD ROM Media Ready by end of 2005

Latest News

SAMA Expands CPU Cooling Lineup with A60 and A40 Series Air Coolers for Gaming and Creator PCs
Cooling Systems

SAMA Expands CPU Cooling Lineup with A60 and A40 Series Air Coolers for Gaming and Creator PCs

The Lockerstor 12R Pro Gen2 and 16R Pro Gen2 are Here!
Enterprise & IT

The Lockerstor 12R Pro Gen2 and 16R Pro Gen2 are Here!

TRUSTA Highlights SSD Power Efficiency for AI Servers at OCP APAC 2025
Enterprise & IT

TRUSTA Highlights SSD Power Efficiency for AI Servers at OCP APAC 2025

XPG Launches VALOR NANO Compact Cases with the All-New PYMCORE SFX PSU
Cooling Systems

XPG Launches VALOR NANO Compact Cases with the All-New PYMCORE SFX PSU

Speedlink announces illuminated mechanical 60% gaming keyboard
PC components

Speedlink announces illuminated mechanical 60% gaming keyboard

Popular Reviews

be quiet! Light Loop 360mm

be quiet! Light Loop 360mm

be quiet! Dark Mount Keyboard

be quiet! Dark Mount Keyboard

be quiet! Light Mount Keyboard

be quiet! Light Mount Keyboard

Noctua NH-D15 G2

Noctua NH-D15 G2

Soundpeats Pop Clip

Soundpeats Pop Clip

be quiet! Light Base 600 LX

be quiet! Light Base 600 LX

be quiet! Pure Base 501

be quiet! Pure Base 501

Terramaster F8-SSD

Terramaster F8-SSD

Main menu

  • Home
  • News
  • Reviews
  • Essays
  • Forum
  • Legacy
  • About
    • Submit News

    • Contact Us
    • Privacy

    • Promotion
    • Advertise

    • RSS Feed
    • Site Map
  • About
  • Privacy
  • Contact Us
  • Promotional Opportunities @ CdrInfo.com
  • Advertise on out site
  • Submit your News to our site
  • RSS Feed