Asia Media Group makes announcement.TORONTO--(BUSINESS WIRE)--Dec. 19, 1995--Asia Media Group Corp. ("ASIA Asia (ā`zhə), the world's largest continent, 17,139,000 sq mi (44,390,000 sq km), with about 3.3 billion people, nearly three fifths of the world's total population. ")(Canadian Dealing Network Canadian Dealing Network (CDN) The organized OTC market of Canada. Formerly known as the Canadian Over-the-Counter Automated Trading System (COATS), the CDN became a subsidiary of the Toronto Stock Exchange in 1991. :ASIA) announced that it has negotiated to acquire all distribution rights to Chinese speaking television stations and networks worldwide for the first Association of Tennis Professionals ("ATP ATP: see adenosine triphosphate. ATP in full adenosine triphosphate Organic compound, substrate in many enzyme-catalyzed reactions (see catalysis) in the cells of animals, plants, and microorganisms. ") Senior Tennis Tour Stop in China. The Event is scheduled for November 1996 at the Shanghai Sport Centre, Shanghai, PRC. The stadium holds an audience of some 16,000. ASIA has also agreed to acquire 50% of the international broadcasting Please [improve the article] or discuss this issue on the talk page. rights to the event and anticipates that it will be carried worldwide on specialist sports channels. Before the event a ProAm hospitality day of golf is planned at the Shanghai Country Club in which some of the tennis players will be participating. Pro Sports International ("PSI") of Long Beach, Calif. will manage the event while ASIA will be responsible for the marketing of television advertising associated with the event. While it is not yet known which players will appear in the Tournament players in the ATP Seniors include amongst others, Bjorn Borg, Rod Laver Noun 1. Rod Laver - Australian tennis player who in 1962 was the second man to win the Australian and French and English and United States singles titles in the same year; in 1969 he repeated this feat (born in 1938) Laver, Rodney George Laver , Yannick Noah, and John MacEnroe. PSI is currently in negotiations for a projected first time ever doubles Exhibition Match between Senior ATP and the current ATP Professionals. ' Plans are under way for a China-wide national broadcast of the event with China Central Television ("CCTV CCTV abbr. closed-circuit television CCTV closed-circuit television "). ASIA wishes to advise that it has been unable to complete its negotiations with Media Groupings Far East Private Ltd. to acquire their rights to airtime on the CCTV3 channel. In conjunction therewith there·with adv. 1. With that, this, or it. 2. In addition to that. 3. Archaic Immediately thereafter. Adv. 1. Vice President Ali Ajouz has resigned to pursue other interests. In addition thereto the Singapore and Beijing offices are being closed and Robert Kennedy, COO Media Operations, has been relieved of his assignment. This press release has not been approved or disapproved by the Canadian Dealing Network or any Regulatory Authority. CONTACT: Moe Wortzman 416/363-1240 416/594-3369 (fax) or Christopher Mowbray (In The UK) 181/940-5754 181/948-8140 (fax) or Howard Bronson Associates Howard Bronson 212/867-6160 |
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