Showing posts with label China Global Media. Show all posts
Showing posts with label China Global Media. Show all posts

Tuesday, February 14, 2012

China Global Media (OTCBB: CGLO) Announces US $4.9 Million Home Textile Advertisement Agreement

China Global Media (OTCBB: CGLO) Announces US $4.9 Million Home Textile Advertisement AgreementPalm Beach, FL 2/14/12 (StreetBeat) – China Global Media, Inc.'s (OTCBB: CGLO) affiliated operating company Changsha Zhongte Trade Advertising Co., Ltd. has signed an advertisement agreement with Luolai Home Textile Co., Ltd. ("Luolai"). Luolai is one the of top home textile manufacturing and sales companies in China. Under this agreement, Zhongte will place advertisements for Luolai's home textile products on Hunan Satellite Television Channel. The term of the agreement is nine months, from March 2012 to November 2012. The total advertisement fee under this agreement is approximately US $4.9 Million.

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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Tuesday, January 17, 2012

China Global Media, Inc. (OTCBB: CGLO) Signed $17.2 Million Cosmetics Advertisement Agreement

China Global Media, Inc. (OTCBB: CGLO) Signed $17.2 Million Cosmetics Advertisement AgreementOrlando, FL 1/17/12 (StreetBeat) -- China Global Media, Inc. (OTC.BB: CGLO)'s affiliated operating company Changsha Zhongte Trade Advertising Co., Ltd has signed a one-year exclusive advertisement placement agreement with Guangzhou Jiahe Cosmetics Manufacturing Co., Ltd to place advertisements for Jiahe's cosmetic products on Hunan Satellite Television Channel. The total advertisement fee that Company expects to receive under this agreement is approximately US $ 17.2 Million for year 2012.

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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Monday, January 9, 2012

China Global Media, Inc. (OTCBB: CGLO) Announces $2.5 Million Television Agreement

China Global Media, Inc. (OTCBB: CGLO) Announces $2.5 Million Television AgreementOrlando, 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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