AirMedia Group, Inc., through its subsidiaries, operates digital media network in China for air travel advertising. It operates digital TV screens that display advertisements in airports and airplanes. The company also displays non-advertising content, such as news, weather, sports, and comedy clips in its digital TV screen programs. It operates approximately 2,041 digital TV screens in airports and places its programs on 17,000 digital TV screens on airplanes. As of December 31, 2007, the company had entered into 97 concession rights contracts to operate its digital TV screens and other displays in 52 airports in China. Its digital media network includes 39 airports in China, including the 5 largest airports in China, Beijing Capital International Airport, Shanghai Pudong International Airport, Guangzhou Baiyun International Airport, Shanghai Hongqiao International Airport, and Shenzhen International Airport. In addition, AirMedia Group offers advertisers other media platforms in airports, such as digital frames, light box displays, 360-degree LED displays, and 3D displays. The company is headquartered in Beijing, China.
Analysts'
Recommendation: | Strong Buy |
| 30 Days Ago: | Strong Buy |
|
| Analysts' Target: | $23 |
| Analysts' Targets |
| Soleil Group | $21 |
| Buy |
Friday, June 13, 2008
|
| Oppenheimer & Co. Inc. | $25 |
| Outperform |
Friday, February 29, 2008
|
$14.89 (06/29/08)
