Warner, Sony BMG invest in Chinese mobile play

Sony BMG Music Entertainment and Warner Music Group announced on Tuesday strategic investments in a Chinese company that makes technology to download songs on to mobile phones in China.

Eyeing the potentially lucrative Chinese market, which has about 460 million mobile phone users, Sony BMG and Warner Music have invested in Access China Media Solutions, a partnership between U.S.-based digital content delivery company Melodeo and Japan's Access.

The record companies said they saw mobile phones as the future of the Chinese music industry, which has been hampered by rampant piracy.

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