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

VisionChina Media has announced the renewal and extension of its operations in Hangzhou, the capital city of China’s Zhejiang province. The new three-year contract will commence on January 1, 2010 and grants VisionChina the exclusive right to operate mobile television advertising on all public buses and ferries covered by the mobile television network operated by…More

VisionChina Media has signed an exclusive agreement expanding its network coverage to include Xiamen, a city of 2.5 million residents that is designated as one of China’s few special economic zones. The three-year exclusive agreement came into effect on October 1, 2009 and grants VisionChina the right to sell a minimum of 100 advertising minutes…More

VisionChina Media Inc., one of China’s largest out-of-home digital television advertising networks on mass transportation systems, has announced an agreement to acquire subway digital signage operator Digital Media Group. The transaction will create the largest ad-based digital signage network in public transportation in China. The total consideration for the transaction is US$160 million in cash…More

VisionChina Media, one of the largest Chinese out-of-home digital television advertising networks on mass transportation systems, announced its Q2/09 financial results. The company recorded total revenues of $30.8 million (+ 51.8% compared to $20.3 million in Q2/08), for an operating profit of $7.4 million (-5.4% compared to $7.8 million in Q2/08). Net income attributable to…More

After the probably failed fusion between Sina and Focus Media and the discussions between Sohu and AirMedia [fr], there’s a new rumour doing the rounds of the digital signage community in China. The local press is announcing the possible acquisition of Towona by VisionChina Media, which would bring together the two leading operators of bus…More