Out of Focus: China’s top digital-ad company reflects slowdown

21 Nov 2008

By Don Gasper

Focus Media Holding, China’s leading digital-advertising company, has struck a discordant note by issuing a conservative earnings forecast for the fourth quarter of the year.

The company has hitherto been a favorite of investors, with its share price doubling and doubling again after it listed on Nasdaq in 2005. 

Revenue during the thir

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Brian Blum

Brian Blum covers the U.S., Canada and Israel for Classified Intelligence Report, and contributes to our special reports and research projects. Originally from San Francisco and now based in Jerusalem, he has been with the AIM Group since 2004. He is the president of Blum Interactive Media, specializing in writing and multimedia content development for online, print, video and audio. His clients include newspapers, universities and non-profits. He is currently working on a book about the billion-dollar bankruptcy of a once high-flying Israeli startup.