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International Entertainment News

Wednesday, August 29, 2007

Asia Global Holdings Corporation Subsidiary China Media Power (CMP) to Begin Producing 'Who Wants To Be A Millionaire?' Episodes for China TV Market With Live Studio Audience on September 1 at Newly Upgraded Studio in GuangZhou.

Asia Global Holdings Corporation Subsidiary China Media Power (CMP) to Begin Producing 'Who Wants To Be A Millionaire?' Episodes for China TV Market With Live Studio Audience on September 1 at Newly Upgraded Studio in GuangZhou.

LOS ANGELES, Aug. 29 /PRNewswire-FirstCall/ -- Asia Global Holdings Corporation (BULLETIN BOARD: AAGH) Subsidiary China Media Power (CMP) will begin producing episodes of "Who Wants To Be A Millionaire?" for the China TV market beginning September 1.

Having completed successful pilot versions of the TV quiz show phenomenon and a series of upgrades of its studio facilities in GuangZhou China, CMP has issued the production go-ahead for episodes of "Who Wants To Be A Millionaire?" for the China TV market.

On August 22 CMP and its China advertising agency ZixunMedia entered into an agreement with satellite channel GuiZhou TV (GZTV1) to broadcast the Chinese version of "Who Wants To Be A Millionaire?" in China. The GZTV1 broadcasts will give 517 million home TV viewers in China access to the globally successful hit TV show. In 2006 GZTV was rated 9th overall amongst all China TV broadcasters.

CMP, a 60% owned subsidiary of Asia Global Holdings Corp, will produce a minimum of 104 episodes of "Who Wants to Be A Millionaire?" for broadcast nationwide in China.

CMP parent company Asia Global Holdings Corp develops businesses and projects with proven potential and management in China.

About Asia Global Holdings Corporation

Asia Global Holdings Corporation (BULLETIN BOARD: AAGH) has a strong focus on building business in China and other emerging regions and markets in Asia and Worldwide. The company's present subsidiaries participate in media & advertising, marketing services and TV entertainment. The Company has offices in the US, Hong Kong and China.

Asia Global Holdings Corporation Website: www.asiaglobalholdings.com

Forward-looking statements in this document are not historical fact as "forward-looking statements" as that term is defined in the Private Securities Litigation Reform of 1995. Forward-Looking statements are not guarantees of future performance. Our Forward-Looking statements are based on trends we anticipate in our industry and our good faith estimate on the effect on these trends of such factors as industry capacity, product demand, and product pricing. These statements are also subject to risks and uncertainties beyond our reasonable control that could cause of actual business and results of operations, to differ materially from those reflected in our forward looking statements. You may find all other information about Asia Global Holdings Corporation on the Securities Exchange Commission website, WWW.SEC.GOV .

First Call Analyst:
FCMN Contact: transmedia@aol.com


Source: Asia Global Holdings Corporation

CONTACT: Asia Global Holdings Corporation, Investor Relations,
+1-213-243-1503, ir@AsiaGlobalHoldings.com

Web site:

http://www.asiaglobalholdings.com/


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