Posted by: Sophia Fu on Nov 19 2009

China Central Television (CCTV) has signed advertising contracts for 2010 worth a total of RMB 10.97 billion, up 18.47% from RMB 9.26 billion last year, according to a report on CCTV's official site. A total of 50 international companies participated in the bidding, according to CCTV Advertising Department Director Xia Hongbo...

Posted by: Ana Swanson on Nov 17 2009

Sina's (Nasdaq:SINA) net revenues rose 7% quarter-on-quarter on an improving advertising market to reach $96.4 million, surpassing the company's previous guidance of between $91 million and $94 million, the company, an online media and mobile value-added services provider, announced November 17...

Posted by: Kiki.yang on Nov 13 2009

Online video and advertising company VODone (0082.HK) has recorded 150 million daily page views and provided nearly 60 million video players to a network of more than 100,000 small and medium websites, reports 163.com quoting VODone Chairman Lijun Zhang...

Posted by: Ana Swanson on Nov 12 2009

Media and advertising company Xinhua Sports & Entertainment Limited (XSEL) (Nasdaq:XSEL) booked a net loss of $10.6 million in the third quarter, including a non-cash fair value charge of $7.6 million...

Posted by: Tom Telford on Nov 11 2009

Beijing-based out-of-home advertising network operator AirMedia Group Inc. (Nasdaq:AMCN) booked a net loss of $9.6 million in the third quarter of 2009, compared with $7.5 million profit in the same period last year and a loss of $7.0 million in the previous quarter...

Posted by: Sophia Fu on Nov 11 2009

Kunming's Urban Administrative Enforcement Bureau issued a notice to remove "almost all" outdoor ads in the city by November 30, China Youth Daily reported November 9.

Shanghai temporarily stopped approving new outdoor ads in April 2008, in preparation for the Expo, and had plans to do away with 16,000 outdoor ads in 2009...

Posted by: Kiki.yang on Nov 09 2009

Alibaba's consumer-focused e-commerce site Taobao.com released an online video channel on November 9, Techweb.com reports citing a Sohu user. The site redirects users to a taobao.joy.cn page, where they will view Taobao shopping ads before the requested movie or TV episode, the report said...

Posted by: Ana Swanson on Oct 30 2009

Mass transit digital advertiser VisionChina Media Inc. (Nasdaq:VISN) recorded net income of $7.2 million in the third quarter of 2009, a 60.2% fall from the third quarter of 2008 and a slight increase from $7.1 million in the previous quarter, the company announced October 30...

Posted by: Tom Telford on Oct 29 2009

Ideation Acquisition Corp. (NYSE Amex:IDI) plans to acquire Chinese multi-platform media and outdoor advertising company SearchMedia International, the company announced October 27. Ideation said it intends to change its name to "SearchMedia Holdings" after the acquisition, and will continue to trade on the NYSE Amex bourse under the same ticker, the report said...

Posted by: Tom Telford on Oct 27 2009

Baidu (Nasdaq:BIDU) recorded net income of RMB 492.9 million ($72.2 million) in the third quarter of 2009, up 41.7% year-on-year. Total revenues reached RMB 1.28 billion ($187.3 million) in the quarter up 39.1% from the corresponding period in 2008, with online marketing revenues contributing RMB 1.278 billion ($187.2 million)...

Posted by: Ana Swanson on Oct 26 2009

Sohu (Nasdaq:SOHU) posted net income of $47.1 million in the third quarter of 2009, including net income from the company's non-controlling interest in MMORPG subsidiary Changyou (Nasdaq:CYOU), Sohu announced October 26...

Posted by: Cherry Zhang on Oct 23 2009

Giant Interactive (NYSE:GA)-invested Shanghai-based social networking service (SNS) site 51.com announced that its users have uploaded more than 11 billion photos by mid-October, more than double the amount recorded last October, making it the largest SNS repository of photos in China, TechWeb reports...

Posted by: Cherry Zhang on Oct 23 2009

Beijing-based advertising firm Herun Media signed with Shenzhen Co-power Venture Capital on September 20 to receive an investment of RMB 20 million, reports ChinaVenture. The VC firm has completed an initial investment of RMB 10 million in Herun Media to receive roughly 33% stake in the company, the report said...

Posted by: Ana Swanson on Oct 23 2009

Mass transit digital advertiser VisionChina Media Inc. (Nasdaq:VISN) has added Guangzhou's No. 5 metro line, scheduled to open January 1, 2010, to its coverage with the signing of a 16-month contract with Guangzhou Metro TV Media Company, the company announced October 23...

Posted by: Melody Jiang on Oct 21 2009

Focus Media (Nasdaq:FMCN) Executive Chairman and CEO Jason Jiang has joined Beijing-based film advertising company Filmore Media as CEO and will oversee the integration of Focus Media resources into Filmore Media, National Business Daily reported October 21 citing Jiang...