Focus Media Holding
From Wikipedia, the free encyclopedia
| Focus Media |
|
|---|---|
| Type | Public (NASDAQ: FMCN) |
| Founded | 2003 |
| Headquarters | Shanghai, China |
| Key people | Jason Jiang, Chairman Zhi Tan, CEO Mingdong Wu, CFO Congrong Chen, COO |
| Industry | Advertising agency |
| Products | advertising displays, internet and mobile phone advertisement |
| Revenue | $68.229 million USD (2005) |
| Operating income | $22.786 million USD (2005) |
| Net income | $23.548 million USD (2005) |
| Employees | 3548 |
| Website | Homepage in English |
Focus Media Holding is a Chinese media company which operates the largest out-of-home advertising network in that country, consisting predominantly of digital signage screens, and owns its largest Internet advertising agency.
The company was founded in 2003, and its stock has been traded on the U.S. market (NASDAQ: FMCN) since its IPO in July 2005.
As of March 31, 2007, its network included:
- 83,256 screens showing advertising in sites including office buildings and outdoor
- 40,736 screens in retail outlets, including 842 supermarkets, 1,196 hypermarkets and 1,897 convenience stores
- 124,542 poster frames in elevators
In March 2007, Focus acquired Allyes Information Technology Company, China’s largest online ad agency.
Focus also sells advertising in cinemas and on mobile telephones.
[edit] References
- Page, Barnaby. "Focus Pays $300m To Enter The Online Advertising Business", aka.tv, March 1, 2007. Accessed June 3, 2007.
- Page, Barnaby. "Focus Hikes Revenue And Profit (Again), But Impart Prepares To Strike", aka.tv, May 20, 2007. Accessed June 3, 2007.
- [1], Accessed June 14, 2007.
- [2], Accessed June 14, 2007.
