Two Railway Media Firms Merge
Netease Tech, 5/19/08
Guang Yuan Media and Epin Media, China's two largest in-train media organizations, announced recently that they would merge to form a new company, Dingcheng Media, with total control of the Chinese in-train television market, adding that the company would work towards listing on the Nasdaq exchange within the next several years.
Editor's Note: Guang Yuan Media was founded in 1999, and is the only railway media company that owns both a "License for In-vehicle Broadcasting of Radio and TV Programs" and "License for Radio and TV Program Production". Epin Media, founded in 2002, currently covers over 500 cities.
For more background on these two companies, please see, "Epin Broadcasts TV to Trains", MD 9/27/06 issue.
Keywords: M&A Epin Guang Yuan Media Dingcheng out-of-home display in-vehicle display railway television
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