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Aladdin Media raises $30,000,000

January 24, 2008
 VCA Theme: Digital Out-of-Home Media

Aladdin Media Holdings (AMH), a China-focused outdoor media investment company, has raised approximately US$30 million of growth capital.  AMH is a leading owner, developer, consolidator and operator of Chinese outdoor media assets. AMH has completed several major acquisitions and initiatives since the beginning of 2006. The Group is in the process of establishing a nationwide street furniture platform, with the goal of covering over 30 cities throughout China. The Group expects to cover at least 15 cities during 2008.