Chinese Internet Advertising Revenue Up For Focus Media

Chinese digital media firm Focus Media Holding Limited announced its unaudited financial results for the second quarter ended June 30, 2010, and stated total net revenue was USD158.2 million, representing an increase of 27% from USD124.9 million for the first quarter of 2010 and an increase of 22% from USD129.5 million for the second quarter […]

Focus Media Implements Allyes MBO As Digital Advertising Revenue Plummets In China

Chinese digital media group Focus Media has announced that the company and its subsidiary Allyes will implement a management buyout, acquiring a 38% stake in Allyes for USD13.3 million.

Focus Media Appoints Former Goldman Sachs Exec As Chief Financial Officer

Chinese digital media and advertising company Focus Media Holding Limited has announced a couple of key executive appointments.