NMTV broadcasts The 2008 Super Bowl in China
February 04 2008 - 8:15AM
PR Newswire (US)
BEIJING, Feb. 4 /Xinhua-PRNewswire-FirstCall/ -- China's leading
diversified financial media group Xinhua Finance Media ('XFMedia',
Nasdaq: XFML) today announced that Inner Mongolia Satellite TV
(known as 'NMTV') was the only nationwide broadcaster in China to
relay the 2008 Super Bowl across the country on February 4th
Beijing time. XFMedia CEO Ms Fredy Bush said that the broadcast
rights represent a unique opportunity to enhance the visibility of
NMTV while helping to build interest amongst Chinese viewers in the
NFL. The NBA series has become hugely successful in China in recent
years, leading to interest in other American sports. According to
data announced by the NBA, the 2006-07 season attracted 1.2 billion
viewers in China. 'We are excited with this unprecedented
opportunity for NMTV, which of course will strengthen its
advertising value,' Ms Bush added. 'We look forward to continuing
the collaboration with Yes TV, a content partner of NFL in Asia,
and the NFL for the next couple of years in the Chinese market.'
NMTV reaches 105 cities across China, including Beijing, Shanghai
and Guangzhou, and has a potential viewership of an estimated 225
million. Through the strategic alliance with Shanghai Camera Media
Investment Co., Ltd, XFMedia provides consulting and advertising
services to NMTV. In 2007, NMTV won the 2007 Best Advertising Value
TV Channel award, together with nine other Chinese TV channels,
including CCTV, Hunan Satellite TV, Shanghai's Dragon Satellite TV.
The award is issued by a division of China's Ministry of Commerce
and the Chinese Academy of Social Sciences in association with the
Hong Kong Polytechnic University's Asian Center for Brand
Management. About Xinhua Finance Media Limited Xinhua Finance Media
('XFMedia'; Nasdaq: XFML) is China's leading diversified financial
media group targeting high net worth individuals nationwide. The
company reaches its target audience via TV, radio, newspapers,
magazines and other distribution channels. Through its five
synergistic business groups, Advertising, Broadcast, Print,
Production and Research, XFMedia offers a total solution empowering
clients at every stage of the media process and keeping people
connected and entertained. Headquartered in Beijing, the company
has offices and affiliates in major cities of China including
Beijing, Shanghai, Guangzhou, Shenzhen and Hong Kong. For more
information, please visit http://www.xinhuafinancemedia.com/ .
About Yes TV Yes TV is a content partner of the NFL in Asia
representing the League with respect to broadcast arrangements in
the region. The Hong Kong-based Yes Television is a leading,
independent media company specializing in the aggregation and
production of compelling video entertainment channels, with
distribution across Asia on all platforms: terrestrial free-to-air,
pay TV, IPTV, broadband, wireless. Safe Harbor Statement This
announcement contains forward-looking statements. These statements
are made under the "safe harbor" provisions of the U.S. Private
Securities Litigation Reform Act of 1995. These forward-looking
statements can be identified by terminology such as "will,"
"expects," "anticipates," "future," "intends," "plans," "believes,"
"estimates," "confident" and similar statements. Among other
things, quotations from management in this announcement contain
forward-looking statements. Statements that are not historical
facts, including statements about XFMedia's beliefs and
expectations, are forward-looking statements. Forward-looking
statements involve inherent risks and uncertainties that could
cause actual results to differ materially from those contained in
any forward-looking statements. Potential risks and uncertainties
include, but are not limited to, risks outlined in XFMedia's
filings with the U.S. Securities and Exchange Commission, including
its registration statement on Form F-1. All information provided in
this press release is as of the date hereof, and XFMedia undertakes
no duty to update such information, except as required under
applicable law. For more information, please contact: Xinhua
Finance Media Joy Tsang Tel: +86-21-6113-5999 Email: DATASOURCE:
Xinhua Finance Media CONTACT: Joy Tsang of Xinhua Finance Media,
+86-21-6113-5999, or Web Site: http://www.xinhuafinancemedia.com/
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