3 June 2010 2 h 00 min
China MediaExpress Holdings, Inc. has signed several new long-term agreements, adding a total of 408 express buses to its network. More specifically, CME signed the following agreements: – Two long-term framework contracts with the bus operators of 156 inter-city express buses originating from the province of Jiangxi to supply entertainment programming along with paid advertising,…More
18 May 2010 15 h 07 min
China MediaExpress Holdings, Inc. (CME) has signed a framework agreement with a media company to purchase the exclusive right to operate television screens on 816 express buses originating in the Autonomous Region of Inner Mongolia, for a period of seven years commencing May 1, 2010. In accordance with the framework agreement, CME paid a one-time…More
17 May 2010 9 h 09 min
China MediaExpress Holdings, Inc. (CME), China’s largest television advertising operator on inter-city express buses, has announced its financial results for the first quarter ended March 31, 2010. Revenue increased by 137% to $44.5 million compared to $18.8 million in the first quarter of 2009, whereas net income increased by 143% to $18.1 million (compared to…More
19 April 2010 10 h 20 min
China MediaExpress Holdings, Inc. (CME), China’s largest television advertising operator on inter-city express buses, has signed a framework agreement with a media company to purchase the exclusive right to operate television screens on 527 express buses originating from the city of Huizhou in the Guangdong province. This agreement grants the company the exclusive right to…More
30 March 2010 8 h 23 min
China MediaExpress Holdings, Inc. (CME), China’s largest television advertising operator on inter-city express buses, has signed a 3-year exclusive agreement to provide television programming and advertisements on all 32 express buses originating from the Qingdao Liuting International Airport. CME’s agreement, which commenced on March 1, 2010, is with the operator of the Qingdao Airport express…More
18 January 2010 16 h 25 min |
China MediaExpress Holdings, Inc. (CME), China’s largest television advertising operator on inter-city express buses, and Starr International Company, Inc. have announced a definitive agreement for Starr International to make a significant investment in CME. Under the terms of the agreement, Starr International will purchase, in a $30 million private placement, 1,000,000 newly issued shares of…More
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