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If you've traveled to China, you've seen the digital TV screens in airplanes and airports. For the most part, it's AirMedia Group that operates the network, which includes more than 18,000 screens.
Now, the company has filed to go public.
In fact, AirMedia controls more than 95% of the digital TV screens for the 15 largest airports in China. And there are deals with nine airlines, which include the three largest in China (China Southern Airlines, China Eastern Airlines and Air China).
Basically, AirMedia blends advertising content with regular programming, such as news, weather, sports and so on. Although, the advertising portion is about 25 minutes for each hour block.
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