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Date: Tuesday 07 Oct 2008

LONDON (ShareCast) - Entertainment media group Galleon said it made good progress during the year, with full year results expected to be at least in line with market expectations.

The group said recent acquisitions of Phoenix and Yunbo have enabled the company to make strides in rolling out its multi-platform entertainment properties in China and around South East Asia.

“We have a number of hit shows under our belt and have demonstrated that we have a robust platform and infrastructure in China and South East Asia,” said CEO Stephen Green.

“We are heading to MIPCOM, an international audiovisual content trade show next week with an attractive slate and are well-positioned to take advantage of opportunities this will present. We remain confident of the group's outlook for the coming year,” he added.

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