FAB Universal Corporation (NYSEMKT:FU) is a distributor of global digital media. The Company serves its customers through three segments including: Retail Media, Wholesale Media and Digital Media. Libsyn, which is a subsidiary of Digital Media operates podcast hosting technology. On April 5, 2012 FAB signed an official share exchange agreement with Wizzard Software Corp. The acquisition closed September 26, 2012 and the new company became FAB Universal.
This stock provides the investor a unique blend of several high growth businesses that range from podcasting to Kiosk. FAB is the only company in China that uses Kiosk as a digital content distribution platform. Podcast growth has been very strong and could contribute $1 million to the bottom-line in 2013....
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