PHOENIX SATELLITE TELEVISION TO SETTLE IN CHAOYANG CBD

AsiaInfo Services, May, 2005

AsiaInfo Services 05-30-2005 Phoenix Satellite Television to Settle in Chaoyang CBD BEIJING, May 30, 2005 (SinoCast via COMTEX) -- On the heels of CCTV and BTV, another Chinese media giant Phoenix Satellite Television is to settle new station site in CBD (central business district) of Chaoyang District, Beijing. For the moment, investment opportunities on business property alongside Chaoyang Road have come into shape.

Abundant talent resources and favorable cultural atmosphere in the CBD provide Phoenix Satellite Television with development opportunities, said Liu Changle, Chairman of the Board and CEO of the media group. Phoenix's new station site is not only the settlement of a TV station but also the introduction of a industry chain in the CBD. Media...

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