GoodMedia Completes Focus Media Subsidiary Merger
Sina Tech, 1/05/09
Fitness center media operator GoodMedia has announced that on December 31 it completed a merger with Focus Media (Nasdaq: FMCN) subsidiary Sports Media.
Zhang Bohan, CEO of GoodMedia, stated that with the merger complete, the company will use the GoodMedia brand. Former Sports Media CEO Ding Bingwen will take responsibilities as director and COO of GoodMedia. The two parties are currently in the process of integrating distribution channels and employees.
Keywords: digital media advertising M&A Zhang Bohan Ding Bingwen FMCN Focus Media GoodMedia Sports Media television out-of-home display
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