Wizzard Updates FAB's Retail Media Distribution Business

Wizzard Media

today released the second of several informational business overviews regarding FAB. Over the next several weeks, Wizzard plans to issue overviews based on various FAB business segments including: wholesale media distribution, retail distribution of media products as well as digital kiosk based franchise distribution of media products. FAB Retail Media Distribution Business Founded in 2003, FAB is headquartered in Beijing and distributes over 150,000 media based products including copyrighted DVD's, Blu-ray Discs, music CD's, video games and downloadable digital content through three distribution channels – wholesale, retail and digital kiosks. Audited Revenues for FAB's Retail business segment were $7.8 million in fiscal 2010 and $9.7 million in fiscal 2011. FAB currently operates a 30,000 sq. ft. store in the prestigious Joy City shopping mall (recently visited by Wizzard's CEO and CFO) and is currently updating and relocating a second store to the new Guosheng shopping mall.