Focus Media Holding Limited (Focus Media) is a multi-platform digital media company, operating liquid crystal display (LCD) display network in the People�s Republic of China using audiovisual digital displays in commercial and residential locations. The Company operates liquid crystal display (LCD) display network, poster frame network, in-store network, movie theater advertising network and outdoor billboards. Its LCD display network, which refers to its network of flat-panel digital displays placed in areas of commercial, residential and public buildings, such as malls, hotels and the lobbies of apartment buildings, marketed to advertisers as separate channels targeting different types of consumers, including its A1 channel, A2 channel, and LCD 2.0 digital picture screens channel. In May 2013, the Company completed the merger with Giovanna Acquisition Limited (Merger Sub), a wholly owned subsidiary of Giovanna Parent Limited.