VisionChina Media has renewed its exclusive contract to operate its digital mobile television advertising network on Guangzhou subway for the next five years. The new contract, effective May 1, 2011, includes the five existing subway lines and new extensions of those lines, as well as three new lines. In total, VisionChina Media will manage 10,025…More

This week, Ooh-tv looks back at 2010. Today we focus on the digital out-of-home installations in the public transport sector. Out of the 50+ initiatives we spotted during the course of the year, five stand out in particular: 1. The new Infoscreen (Ströer) network in German railway stations Officially announced in September, the deployment of…More

This week, Ooh-tv looks back at 2010. Today we look at the five external growth operations which strike us as being the most significant: 1. Elemidia being bought by the Grupo Abril media group. With support from the Tiger Global investment fund, which was also behind the giant Focus Media in China, Elemidia has grown…More

Focus Media is about to acquire a significant minority share in VisionChina Media, by purchasing 15,331,305 newly issued common shares of the company for a total value of approximately US$61.0 million. JJ Media Investment Holding Limited, an entity owned by Jason Nanchun Jiang, the chairman and chief executive officer of Focus Media and one of…More

VisionChina Media Inc. has announced its unaudited financial results for the second quarter ended June 30, 2010. Total revenues were $31.8 million, an increase of 3.3% from $30.8 million in the second quarter of 2009 and an increase of 36.0% from $23.4 million in the first quarter of 2010. Operating loss was $95.5 million due…More

VisionChina Media Inc. has announced the renewal and extension of its exclusive contract with Beijing’s subway system. The agreement, which was entered into with Beijing All Media and Culture Group Metro TV, enables the company to continue to operate its subway DOOH network in Beijing on an exclusive basis for the next five years. VisionChina…More

VisionChina Media Inc., one of China’s largest DOOH networks on mass transportation systems, has announced its unaudited financial results for the year ended December 31, 2009. Total revenues increased 16.0% year-on-year to $120.7 million. Net income attributable to VisionChina Media shareholders in the full-year 2009 decreased 43.2% to $26.6 million from $46.8 million in 2008….More

VisionChina Media Inc. has completed the previously announced US$160 million acquisition of Digital Media Group, a leading subway digital signage advertising operator. The transaction creates China’s largest mobile television advertising network. “The combination of our two media platforms allows us to broaden VisionChina Media’s subway network to match our extensive bus network. This combination of…More

According to Analysys International, digital signage will continue its rapid growth in the Chinese public transport system this year. There are four factors which influence this development: – the cost of the media is still considered to be competitive. It will further benefit from a recent decision by the Chinese media regulators to limit the…More

VisionChina Media Inc. has signed a 16-month contract with Guangzhou Metro TV Media Company to add the new Metro Line No. 5 to the Company’s existing subway network in the city of Guangzhou upon the opening of that line on January 1, 2010. VisionChina already holds exclusive rights to operate on all existing subways in…More