A rare large media deal, this time in the Chinese market: SINA, one of the big online portal companies in China, has acquired the out-of-home ad assets to local company Focus Media (NSDQ: FMCN), in stock. It will acquire Focus’ LCD display network, poster frame network and in-store network; in…

Chinese advertising firm Focus Media (NSDQ: FMCN) is primarily engaged in the out-of-home market, but it does have a fast-growing, internet business that it acquired just last year for $300 million… And now the company plans to do a spinoff of the unit (Allyes Online Media Holdings) via an IPO.…

Internet advertising is increasing in terms of overall relevance at China’s Focus Media (NSDQ: FMCN). The Shanghai-based multi-platform digital media company—its main business is out-of-home advertising—reported $76.1 million of its $211.7 million total revenue came from internet ads, roughly one-third compared to one-quarter of in Q207. Revenues from internet advertising…

Japanese ad agency Dentsu and Shanghai-based marketing company Focus Media (NSDQ: FMCN) have agreed to establish a new interactive ad firm. Dentsu, like a lot of others these days, wants to expand its reach into the growing Chinese market. The new entity, which has not been given a name yet,…

Chinese advertising firm Focus Media (NSDQ: FMCN) is exploring a spin-off of its fast growing mobile and internet advertising units, according to TheStreet.com, citing people familiar with the company’s plans. The company’s primary business is out-of-home advertising (outdoor, elevators, etc.), but it’s been expanding in the wireless and internet arenas…