Schedule 13G

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

SCHEDULE 13G

Under the Securities Exchange Act of 1934
(Amendment No.   )*

AirMedia Group Inc.
(Name of Issuer)
Ordinary Shares
(Title of Class of Securities)
G0135J 109
(CUSIP Number)
March 2, 2010
(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

     o Rule 13d-1(b)

     þ Rule 13d-1(c)

     o Rule 13d-1(d)

* The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.

The information required in the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

 
 


 

                     
CUSIP No.
 
G0135J 109 
     
 
     
 

 

           
1   NAMES OF REPORTING PERSONS

Global Earning Pacific Limited
     
     
2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)

  (a)   o
  (b)   o
     
3   SEC USE ONLY
   
   
     
4   CITIZENSHIP OR PLACE OF ORGANIZATION
   
  British Virgin Islands
       
  5   SOLE VOTING POWER
     
NUMBER OF   10,000,000 ordinary shares. Dan Shao may also be deemed to have sole voting power with respect to the above shares.
       
SHARES 6   SHARED VOTING POWER
BENEFICIALLY    
OWNED BY   0
       
EACH 7   SOLE DISPOSITIVE POWER
REPORTING    
PERSON
WITH:
  10,000,000 ordinary shares. Dan Shao may also be deemed to have sole dispositive power with respect to the above shares.
     
8   SHARED DISPOSITIVE POWER
     
    0
     
9   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
   
  10,000,000 ordinary shares
     
10   CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
   
  o
     
11   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
   
  7.62%
     
12   TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
   
  CO

Page 2 of 7 Pages


 

                     
CUSIP No.
 
G0135J 109 
     
 
     
 

 

           
1   NAMES OF REPORTING PERSONS

Dan Shao
     
     
2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)

  (a)   o
  (b)   o
     
3   SEC USE ONLY
   
   
     
4   CITIZENSHIP OR PLACE OF ORGANIZATION
   
  The People’s Republic of China
       
  5   SOLE VOTING POWER
     
NUMBER OF   10,000,000 ordinary shares. Global Earning Pacific Limited may also be deemed to have sole voting power with respect to the above shares.
       
SHARES 6   SHARED VOTING POWER
BENEFICIALLY    
OWNED BY   0
       
EACH 7   SOLE DISPOSITIVE POWER
REPORTING    
PERSON
WITH:
  10,000,000 ordinary shares. Global Earning Pacific Limited may also be deemed to have sole dispositive power with respect to the above shares.
     
8   SHARED DISPOSITIVE POWER
     
    0
     
9   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
   
  10,000,000 ordinary shares
     
10   CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
   
  o
     
11   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
   
  7.62%
     
12   TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
   
  IN

Page 3 of 7 Pages


 

                     
CUSIP No.
 
G0135J 109 
     
 
     
 
     
Item 1(a).
  Name of Issuer:
 
   
 
  AirMedia Group Inc.
 
   
I.
   
 
   
Item 1(b).
  Address of Issuer’s Principal Executive Offices:
 
   
 
  17/F, Sky Plaza
No. 46 Dongzhimenwai Street
Dongcheng District, Beijing 100027
The People’s Republic of China
 
   
Item 2(a).
  Name of Person Filing:
 
   
 
  Global Earning Pacific Limited
Dan Shao
 
   
Item 2(b).
  Address of Principal Business Office or, if None, Residence:
 
   
 
  Global Earning Pacific Limited
c/o 17/F, Sky Plaza
No. 46 Dongzhimenwai Street
Dongcheng District, Beijing 100027
The People’s Republic of China
 
   
 
  Dan Shao
c/o 17/F, Sky Plaza
No. 46 Dongzhimenwai Street
Dongcheng District, Beijing 100027
The People’s Republic of China
 
   
Item 2(c)
  Citizenship:
 
   
 
  Global Earning Pacific Limited — British Virgin Islands
 
   
 
  Dan Shao — The People’s Republic of China
 
   
Item 2(d).
  Title of Class of Securities:
 
   
 
  Ordinary Shares
 
   
Item 2(e).
  CUSIP Number:
 
   
 
  G0135J 109
 
   
Item 3.
  If this statement is filed pursuant to §§ 240.13d-1(b), or 240.13d-2(b) or (c), check whether the person filing is a:
 
   
 
  Not applicable

Page 4 of 7 Pages


 

                     
CUSIP No.
 
G0135J 109 
     
 
     
 
     
Item 4.
  Ownership:
 
   
 
  The following information with respect to the ownership of the Ordinary Shares of the issuer by each of the reporting persons is provided as of the date of this Schedule 13G:
                                                 
                    Sole     Shared              
                    power to     power to     Sole power to     Shared power  
    Amount             vote or     vote or to     dispose or to     to dispose or to  
    beneficially     Percent     direct     direct     direct the     direct the  
Reporting Person   owned:     of class:     the vote:     the vote:     disposition of:     disposition of:  
Global Earning Pacific Limited
    10,000,000       7.62 %     10,000,000       0       10,000,000       0  
 
                                               
Dan Shao
    10,000,000       7.62 %     10,000,000       0       10,000,000       0  
     
 
  Global Earning Pacific Limited, a British Virgin Islands company, is the record owner of 10,000,000 Ordinary Shares. Dan Shao is the sole owner and director of Global Earning Pacific Limited. Pursuant to Section 13(d) of the Securities Exchange Act of 1934, as amended, and the rules promulgated thereunder, Dan Shao may be deemed to beneficially own all of the shares held by Global Earning Pacific Limited. Global Earning Pacific Limited acquired these shares from Wealthy Environment Limited, a British Virgin Islands company wholly owned and controlled by Herman Man Guo, Dan Shao’s husband, as a gift on March 2, 2010.
 
   
Item 5.
  Ownership of Five Percent or Less of a Class:
 
   
 
  Not applicable
 
   
Item 6.
  Ownership of More than Five Percent on Behalf of Another Person:
 
   
 
  Not applicable
 
   
Item 7.
  Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Controlling Person:
 
   
 
  Not applicable
 
   
Item 8.
  Identification and Classification of Members of the Group:
 
   
 
  Not applicable
 
   
Item 9.
  Notice of Dissolution of Group:
 
   
 
  Not applicable

Page 5 of 7 Pages


 

                     
CUSIP No.
 
G0135J 109 
     
 
     
 
     
Item 10.
  Certifications:
 
   
 
  Not applicable

 

Page 6 of 7 Pages


 

                     
CUSIP No.
 
G0135J 109 
     
 
     
 
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
Dated: June 9, 2010
         
     
Global Earning Pacific Limited  By:   Dan Shao    
    Name:   Dan Shao   
    Title:   Director   
 
     
Dan Shao  Dan Shao    
  Dan Shao   
     

 

Page 7 of 7 Pages


 

         
LIST OF EXHIBITS
     
Exhibit No.   Description
 
   
A
  Joint Filing Agreement