Taipei City, Taiwan, April 03, 2018 (GLOBE NEWSWIRE) -- NowNews Digital Media Technology Co., Ltd. ("NDMT" or the “Company") (OTCQB: NDMT), a media company that provides news and multimedia platform services, announced that effective April 1, 2018, a maximum of 5% salary increase shall be offered to certain employees with outstanding performances at the Company’s majority-owned subsidiary, NOWnews Network Co. Ltd.’s (“NOWnews”), and an average of 3% salary increase shall be offered to other eligible NOWnews’ employees.
Over the past year, NOWnews’ reformation has led to an increase in its website traffic, for which NOWnews is now ranked No.2 among news websites and No.8 overall in Taiwan, according to Alexa.com. In addition, NOWnews’ website traffic is ranked at No.370 globally. At the beginning of 2018, the traffic and fan interaction rate hit a record high.
"We're genuinely appreciative of our loyal and gifted team at NOWnews and we are thrilled to share the benefits with them. We continue to look for ways to attract and reward the best talent to drive the success of NOWnews. " says Shang-Hong Lin, executive director of NOWnews.
About NowNews Digital Media Technology Co. Ltd.
NowNews Digital Media Technology Co. Ltd. is a U.S.-listed media holding company focusing on the global Chinese market. The Company's holdings in the media space include digital media, movie production and distribution, and music copyright. The digital media business engages in creating, collecting and distributing news and information through its website and applications on mobile phones or tablets. The Company’s subsidiary NOWnews is the largest online self-produced news content provider of Taiwan and the only Taiwanese online news website fully accessible in Mainland China. The movie production and distribution business engages in Internet movie, Internet drama and Internet show production, foreign movie import and production, movie marketing and advertising, and Internet personality business. The Company’s music copyright business owns copyright to more than 3000 hit pop songs and provides a full range of Karaoke products. In addition, the Company has investments in the banking industry in Southeast Asia.