AirMedia Group Inc. (Nasdaq: AMCN), operator of the largest digital media network in China dedicated to air travel advertising, today announced that it recently obtained the contractual concession rights to install and operate three mega-size LED screens, each measuring 80.2 square meters (or 863.27 square feet) in Guangzhou Baiyun International Airport, from June 1, 2009 to December 31, 2015. The LED screens will be installed above all the domestic security check areas to best cover the Airport’s domestic travelers. Guangzhou Airport, which handled 33.4 million air passengers in 2008, was rated the second largest airport in mainland China in terms of the number of air passengers.
“We are excited to obtain these concession rights in Guangzhou Baiyun International Airport for over six and half years,” commented Herman Guo, chairman and chief executive officer of AirMedia. “Following the signing of our new concession rights in the Beijing and Shenzhen airports in early March, this long-term concession rights contract in Guangzhou Airport further strengthens AirMedia’s leading position in China’s top airports. Looking forward, we will continue to pursue opportunities arising from the economic downturn to further expand our media resources in the top airports, especially in Beijing, Guangzhou, Shanghai and Shenzhen.”
Please visit http://en.airmedia.net.cn/?product/id/4.html to view the demonstration of visual effects of the mega-size LED screens.
About AirMedia Group Inc.
AirMedia Group Inc. (Nasdaq: AMCN) operates the largest digital media network in China dedicated to air travel advertising. AirMedia has contractual concession rights to operate digital TV screens in 53 airports, including all of the 30 largest airports in China. AirMedia also has contractual concession rights to operate TV-attached digital frames ranging from 46 to 52 inches and stand-alone digital frames ranging from 63 to 82 inches in 22 major airports. In addition, AirMedia has contractual concession rights to place its programs on the routes operated by 10 airlines, including the three largest airlines in China, and the exclusive rights in mainland China to sell advertisements on Cathay Pacific Airline and Dragonair’s routes. In select major airports, AirMedia also operates traditional media platforms, such as billboards, light boxes, and mega display screens. For more information about AirMedia, please visit http://www.airmedia.net.cn
Source: AirMedia Group