On June 21, a memorandum on partnership and mutual cooperation was signed between the TV-communications company Caucasus Online and the sound recording company Bravo Records.
By signing the memorandum, the parties express goodwill to jointly observe the legislation of Georgia in the sphere of protection of copyright and bordering rights, to cooperate against piracy and dissemination of unlicensed goods, to implement joint educational and social projects.
Within the framework of the same memorandum, Caucasus Online and Bravo Records are going to create a joint web-portal of licensed media data, which will include electronic sales of musical singles, albums, concerts, ring tones, karaoke, etc.