Document:

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                                                                   EXHIBIT 10.67

                                                         Equity Pledge Agreement
                        Dongguan Focus Media AcknowledgeLetter for Participation

                     ACKNOWLEDGE LETTER FOR PARTICIPATION OF
                             EQUITY PLEDGE AGREEMENT

      SHANGHAI FOCUS MEDIA ADVERTISEMENT CO., LTD. (registered address: Room
1003F, No.1027, Changning Road, Changning District, Shanghai), SHANGHAI FOCUS
MEDIA ADVERTISING AGENCY CO., LTD. (registered address: Room A65, 28 Floor,
No.369, Jiangsu Road, Changning District, Shanghai) (hereinafter "PARTICIPATING
PLEDGORS" collectively) and DONGGUAN FOCUS MEDIA ADVERTISEMENT CO., LTD.
(registered address: Floor 8, Shenghe Dalang Commercial Building, Nanchen
District, Dongguan) (hereinafter "PARTICIPATING TARGET COMPANY") hereby agree to
participate in Equity Pledge Agreement dated on March 28, 2005 among Focus Media
Technology (Shanghai) Co., Ltd. (hereinafter"FOCUS MEDIA TECHNOLOGY"), Focus
Media Digital Information Technology (Shanghai) Co, Ltd. (hereinafter "FOCUS
MEDIA DIGITAL"), Shanghai Focus Media Advertisement Co., Ltd. and other relevant
parties (hereinafter "EQUITY PLEDGE AGREEMENT") as an independent contract
party. Participating Pledgors and Participating Target Company pledge the equity
of the Participating Target Companies which constitute 100% of the registered
capital of the Participating Target Companies to Focus Media Technology as the
date of the Acknowledgement Letter to secure the following contractual
obligations:

      1.    Contractual obligation for the Participating Pledgeors:

            (a)   Participating Pledgeors' obligation under the Call Option
                  Agreement among Focus Media Technology and other relevant
                  parties dated March 28, 2005 (hereinafter "CALL OPTION
                  AGREEMENT") Participating by the Participating Pledgeors
                  pursuant to the Acknowledge Letter dated May 22, 2006; and

            (b)   Participating Pledgeors' obligation under the Shareholder's
                  Voting Rights Proxy Agreement among Focus Media Technology and
                  other relevant parties dated March 28 2005 (hereinafter
                  "VOTING RIGHTS PROXY AGREEMENT") Participating by the
                  Participating Pledgeors pursuant to the Acknowledge Letter
                  dated May 22, 2006.

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      2.    Contractual obligation for the Participating Target Company:

            (a)   Participating Target Company's obligation under the Call
                  Option Agreement Participating by the Participating Target
                  Company pursuant to the Acknowledge Letter dated May 22, 2006;
                  and

            (b)   Participating Target Company's obligation under the
                  Shareholder's Voting Rights Proxy Agreement Participating by
                  the Participating Target Company pursuant to the Acknowledge
                  Letter dated May 22, 2006.

This Acknowledgement Letter once executed by the Participating Pledgeors and
Participating Target Company, Participating Pledgeors and Participating Target
Companies shall make the same undertakings and warranties with those of
Pledgeors and Target Companies under the Equity Pledge Agreement (which shall in
relation to the Participating Pledgeors and Participating Target Company, and
shall be limited to those applicable to Participating Pledgeors and
Participating Target Company), agree to perform the obligations of Pledgors and
Target Company stipulated in the Equity Pledge Agreement (which shall in
relation to the Participating Pledgeors and Participating Target Company, and
shall be limited to those applicable to Participating Pledgeors and
Participating Target Company), and admit the rights and obligations of Parties
under the Equity Pledge Agreement.

                   [THE REMAINDER OF THIS PAGE IS LEFT BLANK]

<PAGE>

                                                         Equity Pledge Agreement
                        Dongguan Focus Media AcknowledgeLetter for Participation

                                [EXECUTION PAGE]

SHANGHAI FOCUS MEDIA ADVERTISEMENT CO., LTD.
(CHOP)

Sign:  /s/ Jason Nanchun Jiang
      -----------------------------
Name: Jason Nanchun Jiang
Position: Authorized Representative
Date: May 22, 2006

SHANGHAI FOCUS MEDIA ADVERTISING AGENCY CO., LTD.
(CHOP)

Sign:   /s/ Jason Nanchun Jiang
      ------------------------------
Name: Jason Nanchun Jiang
Position: Authorized Representative
Date: May 22, 2006

DONGGUAN FOCUS MEDIA ADVERTISEMENT CO., LTD.
(CHOP)

Sign:  /s/ Jason Nanchun Jiang
      -----------------------------
Name: Jason Nanchun Jiang
Position: Authorized Representative
Date: May 22, 2006

FOCUS MEDIA TECHNOLOGY (SHANGHAI) CO., LTD.
(CHOP)

Sign:  /s/ Jason Nanchun Jiang
     --------------------------------
Name: Jason Nanchun Jiang
Position: Authorized Representative
Date: May 22, 2006

FOCUS MEDIA DIGITAL INFORMATION TECHNOLOGY (SHANGHAI) CO., LTD.
(CHOP)

Sign:  /s/ Jason Nanchun Jiang
      ------------------------------
Name: Jason Nanchun Jiang
Position: Authorized Representative
Date: May 22, 2006<PAGE>

                                                                   EXHIBIT 10.68

                                                           Call Option Agreement
                                     Dongguan Focus Media Acknowledgement Letter

                   ACKNOWLEDGEMENT LETTER FOR PARTICIPATION OF
                              CALL OPTION AGREEMENT

SHANGHAI FOCUS MEDIA ADVERTISEMENT CO., LTD. (registered address: Room 1003F,
No. 1027, Changning Road, Changning District, Shanghai), SHANGHAI FOCUS MEDIA
ADVERTISING AGENCY CO., LTD., (registered address: Room A65, 28 Floor, No.369,
Jiangsu Road, Changning District, Shanghai) (hereinafter the "PARTICIPATING
SHAREHOLDERS" collectively) and DONGGUAN FOCUS MEDIA ADVERTISEMENT CO., LTD.
(registered address: Floor 8, Shenghe Dalang Commercial Building, Nanchen
District, Dongguan) (hereinafter the "NEW TARGET COMPANY"), as independent
party, hereby agree to participate in the Call Option Agreement among Focus
Media Technology (Shanghai) Co., Ltd. (hereinafter "FOCUS MEDIA TECHNOLOGY"),
Shanghai Focus Media Advertisement Co., Ltd. and other relevant parties
(hereinafter "CALL OPTION AGREEMENT") dated March 28 2005. The Participating
Shareholders hereby grant Focus Media Technology with an irrevocable equity Call
Option (hereinafter "CALL OPTION") in respect to 50% and 50% of the equity share
of New Target Company held by them respectively (hereinafter "NEWLY INCREASE
EQUITY SHARE"). Once this Acknowledgement Letter is executed by the
Participating Shareholders and the New Target Company, the New Target Company
and the Newly Increase Equity Share shall be the "Target Company" and "Option
Equity" defined under the Call Option Agreement; and the Participating
Shareholders and the New Target Company immediately make the same
representations and warranties in respect to the New Target Company and relevant
equity Call Option under the Call Option Agreement in respect to the defined
Target Company and Call Option (which shall in relation to the Participating
Shareholders and New Target Company, and shall be limited to those applicable to
Participating Shareholders and New Target Company) and undertake the same
obligations therein (which shall in relation to the Participating Shareholders
and New Target Company, and shall be limited to those applicable to
Participating Shareholders and New Target Company).

<PAGE>

                                [EXECUTION PAGE]

SHANGHAI FOCUS MEDIA ADVERTISEMENT CO., LTD.
(CHOP)

Sign:  /s/ Jason Nanchun Jiang
      --------------------------------
Name: Jason Nanchun Jiang
Position: Authorized Representative
Date: May 22, 2006

SHANGHAI FOCUS MEDIA ADVERTISING AGENCY CO., LTD.
(CHOP)

Sign:  /s/ Jason Nanchun Jiang
      -------------------------------
Name: Jason Nanchun Jiang
Position: Authorized Representative
Date: May 22, 2006

DONGGUAN FOCUS MEDIA ADVERTISEMENT CO., LTD.
(CHOP)

Sign:  /s/ Jason Nanchun Jiang
      --------------------------------
Name: Jason Nanchun Jiang
Position: Authorized Representative
Date: May 22, 2006

FOCUS MEDIA TECHNOLOGY (SHANGHAI) CO., LTD.
(CHOP)

Sign:   /s/ Jason Nanchun Jiang
      ------------------------------
Name: Jason Nanchun Jiang
Position: Authorized Representative
Date: May 22, 2006<PAGE>

                                                                   EXHIBIT 10.69

                                     Shareholders' Voting Rights Proxy Agreement
                   Dongguan Focus Media-Acknowledgement Letter for Participation

                  ACKNOWLEDGEMENT LETTER FOR PARTICIPATION OF
                   SHAREHOLDERS' VOTING RIGHTS PROXY AGREEMENT

      SHANGHAI FOCUS MEDIA ADVERTISEMENT CO., LTD. (registered address: Room
1003F, No. 1027, Changning Road, Changning District, Shanghai), SHANGHAI FOCUS
MEDIA ADVERTISING AGENCY CO., LTD., (registered address: Room A65, 28
Floor, No.369, Jiangsu Road, Changning District, Shanghai) (hereinafter the
"PARTICIPATING SHAREHOLDERS" collectively), and DONGGUAN FOCUS MEDIA
ADVERTISEMENT CO., LTD. (registered address: Floor 8, Shenghe Dalang
Commercial Building, Nanchen District, Dongguan) (hereinafter the "PARTICIPATING
TARGET COMPANY"), as independent party, hereby agree to participate in the
Shareholders' Voting Rights Proxy Agreement among Focus Media Technology
(Shanghai) Co., Ltd. (hereinafter "FOCUS MEDIA TECHNOLOGY"), Shanghai Focus
Media Advertisement Co., Ltd. and other relevant parties (hereinafter "PROXY
AGREEMENT") dated March 28 2005. Participating Shareholders and Participating
Target Company agree to entrust the Trustees designated by Focus Media
Technology to exercise the voting rights in Participating Target Company in
respect of 100% of the equity interest in the registered capital of
Participating Target Company held by the Participating Shareholder as of the
date of the Acknowledgement Letter, on behalf of Participating Shareholder.

      Once this Acknowledgement Letter is executed by the Participating
Shareholder and Participated Target Company, Participating Shareholder and
Participated Target Company shall be deemed to have made the same undertakings
and warranties with those of the Shareholders and Target Companies under the
Proxy Agreement (to the extent that is related and applicable to Participating
Shareholder and Participated Target Company), agreed to respectively perform the
obligations of the Shareholders and Target Companies stipulated in the Proxy
Agreement (to the extent that is related and applicable to Participating
Shareholder and Participated Target Company), and

<PAGE>

                                     Shareholders' Voting Rights Proxy Agreement
                   Dongguan Focus Media-Acknowledgement Letter for Participation

acknowledged the rights and obligations of the Parties under the Proxy
Agreement.

                                [EXECUTION PAGE]

SHANGHAI FOCUS MEDIA ADVERTISEMENT CO., LTD.
(CHOP)

Sign: /s/ Jason Nanchun Jiang
      ---------------------------
Name: Jason Nanchun Jiang
Position: Authorized Representative
Date: May 22, 2006

SHANGHAI FOCUS MEDIA ADVERTISING AGENCY CO., LTD.
(CHOP)

Sign: /s/ Jason Nanchun Jiang
      ---------------------------
Name: Jason Nanchun Jiang
Position: Authorized Representative

Date: May 22, 2006

DONGGUAN FOCUS MEDIA ADVERTISEMENT CO., LTD.
(CHOP)

Sign: /s/ Jason Nanchun Jiang
      ---------------------------
Name: Jason Nanchun Jiang
Position: Authorized Representative
Date: May 22, 2006

FOCUS MEDIA TECHNOLOGY (SHANGHAI) CO., LTD.
(CHOP)

Sign: /s/ Jason Nanchun Jiang
      ---------------------------
Name: Jason Nanchun Jiang
Position: Authorized Representative
Date: May 22, 2006

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