Parallel Media Group PLC (PAA)

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Company Description

Parallel Media Group PLC was incorporated on June 23, 1959 in the United Kingdom. It operates as a sports marketing, entertainment and media and management company. It is engaged in sports promotion, event management, sponsorship sales, media distribution, and sports sponsorship advisory services. The Company operates in three distinct areas: - Sports, Entertainment and Media. In Sport, the Group offers services in golf and has been responsible for promoting tournaments such as the Championship and the Prudential Causeway Trophy. In addition the Group has also promoted Premier League Golf, a celebrity event held at the prestigious Marina Bay Sandy resort. In Entertainment, the Company offers services in connecting international brands with music solutions in the Asian markets. Its projects include the promotion of a Justin Bieber concert in Korea, a Taylor Swift concert in Malaysia, both for AIA, the Real Life Company. In addition it will be promoting the AIA Real Life: NOW Festival in Korea. The Company's Media activities are conducted through its 50:50 joint venture company with Pico Global services to form Pico TV, a media company creating digital platforms for events and exhibitions...