China YouTV Corp. (CYTV.OB) Caters to the New Generation, Growing Industry
The Internet and today’s advancing technology allows for every amateur within arms reach of a computer to make their own music, video or Web site. Youtube.com was one of the first to capitalize on this popular trend. And now comes China YouTV Corp. (OTCBB: CYTV), catering to China’s growing number of Web users, offering online video viewing services through CnBoo.com. Since its conception in 2005, CnBoo has already registered more than 1.2 million members and more than 2 million pieces of original digital video (DV) shorts. Each day more than 500,000 members sort through hundreds of video clips, self created…