Orlando, FL 1/912 (StreetBeat) – China Global Media, Inc. (OTCBB: CGLO) is pleased to announce that Changsha Zhongte Trade Advertising Co., Ltd, one of CGLO's affiliated operating entities, has entered a one-year Television Advertisement Agreement with Guangzhou Aoda Biological Beauty and Health Technology Development Co., Ltd. The total advertising fee that the Company will receive is approximately US $2.5 million that will be recognized in the 2012 fiscal year.Under this Television Advertisement Agreement with Aoda, Zhongte will act as Aoda's advertising agent to publish advertisements for Aoda's products on Hunan Satellite Television Channel, one of the most popular province level satellite television channels in China.
About China Global Media, Inc.
China Global Media, Inc. mainly engages in the business of advertisement and brand name development in China, especially in Hunan Province and other southern Chinese provinces. It carries out business operations through its Hong Kong subsidiary Phoenix International (China) Limited, its Chinese subsidiary Hunan Beiwei International Media Consulting Co., Ltd, and, by contractual arrangement, its three affiliated operating entities including Changsha North Latitude 30 Cultural Communications Co., Ltd., Changsha Beichen Cultural Communications Co., Ltd. and Changsha Zhongte Trade Advertising Co., Ltd.
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