Legend Media Inc. (LEGE.OB) Announces Acquisition of Additional Radio Minutes in Shenzhen
Legend Media Inc. (LEGE.OB), through its wholly-owned subsidiary Well Chance Investments Limited, intends to build a leading consumer advertising network in China, reaching consumers through multiple advertising mediums. Legend Media has put the company's near-term focus on reaching consumers through the Chinese radio market. On September 11th, 2008 Legend Media announced entrance into a contract to acquire the rights to radio advertising in Shenzhen, China. Shenzhen is one of the jewels in China, a city of 12 million people located just north of Hong Kong. This area is one of the fastest-growing areas in China, economically speaking. The contract grants…