Focus Media Information Technology, formerly Focus Media Holding, is a Chinese company which operates

out-of-home advertising Out-of-home (OOH) advertising, also called outdoor advertising, outdoor media, and out-of-home media, is advertising experienced outside of the home. This includes billboards, wallscapes, and posters seen while "on the go". It also includes pla ...

in China which consist predominantly of

digital signage Digital signage is a segment of electronic signage. Digital displays use technologies such as LCD, LED, projection and e-paper to display digital images, video, web pages, weather data, restaurant menus, or text. They can be found in public ...

screens and claims to own the country's largest Internet advertising agency.

Alleged fraud

In November 2011, Muddy Waters Research reported massive

fraud In law, fraud is intentional deception to secure unfair or unlawful gain, or to deprive a victim of a legal right. Fraud can violate civil law (e.g., a fraud victim may sue the fraud perpetrator to avoid the fraud or recover monetary compens ...

and corruption within the company. Focus denied the allegations. The company was subsequently taken private by a private equity consortium in May 2013.

References

External links

* {{Portal, Companies Companies in the CSI 100 Index Companies listed on the Shenzhen Stock Exchange Advertising agencies of China Chinese brands Companies based in Shanghai Marketing companies established in 2003 Companies formerly listed on the Nasdaq The Carlyle Group Fosun International Chinese companies established in 2003