Hong Kong-based One Media Group said it has entered a licensing agreement with Rolling Stone magazine to publish a Chinese-language edition of the American popular culture magazine in the Mainland early 2006, The AP reported. One Media Chief Strategy Officer Robby Yung said the Chinese version of the magazine will combine local content and articles translated from the US edition. Yung declined to say how much money was being invested in the venture and declined to disclose the terms of the licensing agreement, noting only that Rolling Stone would receive part of the net revenue.
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