Focus Media (FMCN) Reports Completion of Second LCD Display Network Survey
Focus Media Holding Limited (Nasdaq: FMCN) announced that its audit committee received the results of the second of two third-party, independent surveys on the number of displays in Focus Media's LCD display network and its poster frame network. The survey was independently conducted by Synovate in December 2011. Synovate is the world's sixth largest market research company. To conduct the survey, Synovate used a Stratified Random Sampling methodology. According to Synovate, based on the Sampling Distribution Theory, the actual audited display counts can be projected to reflect the total number of Focus Media's displays with a +/- 1% sampling error at a 99% confidence level.
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