LOS ANGELES, July 28 /PRNewswire-FirstCall/ -- Asia Global Holdings Corporation (BULLETIN BOARD: AAGH) has confirmed the opening of its new Shanghai office to meet sales and distribution demand for its TV entertainment businesses in China. Wholly owned subsidiaries, Idea Asia Limited (Idea Asia) and Sino Trade-Intelligent Development Corp (Sino Trade) will staff the new offices.
Shanghai is a major international media center. As such, Idea Asia will utilize the new offices to help meet the surging demand for its TV program distribution business in China. The company is very confident that its new distribution strategy will deliver strong revenues and profits driven by the exploding demand for quality international TV formats in China. After only four months under new proven successful management Idea Asia has built an impressive and still growing portfolio of TV show formats which it distributes exclusively in China including 'Small Talk', '50/50', 'Singing Bee', 'Silent Library', 'You Are What You Eat', 'Blackjack Bowling', 'Battle of the Choirs', 'Challenge Me', 'Crisis' and 'The Singing Office'.
International TV format owners need PRC distribution from a company with proven successful format distribution management in China. Idea Asia, now under the direction of Dominique Ullmann, a 20 year media veteran who has spent the last 15 years on the ground in Asia successfully involved in TV distribution and advertising, fills this need. Idea Asia is now being sought by many major format owners. The Company has a growing list of PRC distribution agreements with a number of high quality TV format owners including 2waytraffic, Sony Pictures Television International, Zeal Entertainment, FremantleMedia, and Absolutely Independent. The Shanghai office provides the Company improved access to format owners and major advertisers.
AAGH subsidiary Sino Trade will also utilize the new Shanghai office location to expand advertising sales for its media products including a consumer coupon portal it plans to launch in China.
About Asia Global Holdings Corporation
Asia Global Holdings Corporation (BULLETIN BOARD: AAGH) has a strong focus on building business in China and other emerging regions and markets in Asia and Worldwide. The company's present subsidiaries participate in media & advertising, marketing services and TV entertainment. The Company has offices in the US, Hong Kong and China.
Asia Global Holdings Corporation Website: http://www.asiaglobalholdings.com/
Forward-looking statements in this document are not historical fact as 'forward-looking statements' as that term is defined in the Private Securities Litigation Reform of 1995. Forward-Looking statements are not guarantees of future performance. Our Forward-Looking statements are based on trends we anticipate in our industry and our good faith estimate on the effect on these trends of such factors as industry capacity, product demand, and product pricing. These statements are also subject to risks and uncertainties beyond our reasonable control that could cause actual business and results of operations, to differ materially from those reflected in our forward looking statements. You may find all other information about Asia Global Holdings Corporation on the Securities Exchange Commission website, http://www.sec.gov/.
