Fab Universal Corp (OTC:FABU)

FAB Universal Corp. distributes digital entertainment products and services worldwide. The company operates in three segments: Wholesale, Retail, and Digital Media Services. The Retail segment operates stores that offer audio and video products, including CDs, VCDs, DVDs, Blu-rays, books, magazines, portable electronic devices, electronic digital products, and mobile storage devices in China. The Wholesale segment provides audio-video products, such as compact discs, video compact discs, and digital video discs, as well as books and magazines to audio-video products retailers. The Digital Media Services segment offers licensing and media services; distributes and broadcasts movies, TV shows, and educational programming; sells Podcast Apps; and provides digital and Internet TV, as well as hosting, distribution network, content, and platform development services. It also focuses on selling and supporting speech recognition and text-to-speech technology. The company was founded in 1995 and is based in Pittsburgh, Pennsylvania.