Warner Home Video Launches Cut-Rate DVDs In China

BEIJING, CHINA - FEBRUARY 24: People walks under a poster of Superman during a ceremony to launch a joint venture to sell cut-rate DVDs on February 24, 2005 in Beijing, China. Warner Home Videos set up a joint venture with the state-owned company China Audio Video, becoming the first U.S. studio to distribute and market cut-rate DVDs inside China in a bid to compete on the counterfeiters' home turf. (Photo by Guang Niu/Getty Images)