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                                  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)


                                 Common
       -------------------------------------------------------------------
                         (Title of Class of Securities)


                                   009411109
       -------------------------------------------------------------------
                                 (CUSIP Number)


                                  December 2008
       -------------------------------------------------------------------
             (Date of Event Which Requires Filing of this Statement)


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

        |X| Rule 13d-1(b)

        |_| Rule 13d-1(c)

        |_| 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).

         Persons who respond to the collection of information contained
            in this form are not required to respond unless the form
                 displays a currently valid OMB control number.



SEC 1745 (8-07)


CUSIP No.009411109                  13G                    Page __ of___ Pages


______________________________________________________________________________
1.   NAMES OF REPORTING PERSONS

Thornburg Investment Management Inc.

______________________________________________________________________________
2.   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
     (see instructions)                                          (a)  [_]
                                                                 (b)  [_]

______________________________________________________________________________
3.   SEC USE ONLY


______________________________________________________________________________
4.   CITIZENSHIP OR PLACE OF ORGANIZATION

Santa Fe, New Mexico

______________________________________________________________________________
  NUMBER OF    5.   SOLE VOTING POWER

   SHARES           3,883,324
               _______________________________________________________________
BENEFICIALLY   6.   SHARED VOTING POWER

  OWNED BY          NA
               _______________________________________________________________
    EACH       7.   SOLE DISPOSITIVE POWER

  REPORTING         3,883,324
               _______________________________________________________________
   PERSON      8.   SHARED DISPOSITIVE POWER

    WITH            NA
______________________________________________________________________________
9.   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

                    3,883,324

______________________________________________________________________________
10.  CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
     (see instructions)
                                                                          [_]

______________________________________________________________________________
11.  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

                     5.82%

______________________________________________________________________________
12.  TYPE OF REPORTING PERSON* (see instructions)  IA



______________________________________________________________________________




CUSIP No.009411109                    13G                  Page __ of __ Pages



______________________________________________________________________________
Item 1(a).  Name of Issuer:

AirMedia Group Inc.

______________________________________________________________________________
Item 1(b).  Address of Issuer's Principal Executive Offices:

17/F Sky Plaza No. 46 of Dongzhimenwai Street, Beijing BEJ 100027

______________________________________________________________________________
Item 2(a).  Name of Person Filing:

Thornburg Investment Management Inc.

______________________________________________________________________________
Item 2(b).  Address of Principal Business Office, or if None, Residence:

119 East Marcy Street, Santa Fe, New Mexico 87501

______________________________________________________________________________
Item 2(c).  Citizenship:

USA

______________________________________________________________________________
Item 2(d).  Title of Class of Securities:

Common

______________________________________________________________________________
Item 2(e).  CUSIP Number: 009411109



______________________________________________________________________________
Item 3. If this statement is filed pursuant to Sections 240.13d-1(b) or
        240.13d-2(b) or (c), check whether the person filing is a:

        (a) [_] Broker or dealer registered under Section 15 of the Act (15
            U.S.C. 78o).

        (b) [_] Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c).

        (c) [_]Insurance company as defined in section 3(a)(19) of the Act (15
                U.S.C. 78c).

        (d) [_]Investment company registered under section 8 of the Investment
                Company Act of 1940 (15 U.S.C 80a-8).

        (e)[X]An investment adviser in accordance with Section 240.13d-1(b)(1)
                (ii)(E);

        (f) [_] An employee benefit plan or endowment fund in accordance with
                Section 240.13d-1(b)(1)(ii)(F);

        (g) [_] A parent holding company or control person in accordance with
                Section 240.13d-1(b)(1)(ii)(G);

        (h)[_]A savings associations as defined in Section 3(b) of the Federal
                Deposit Insurance Act (12 U.S.C. 1813);

        (i) [_] A church plan that is excluded from the definition of an
                investment company under section 3(c)(14) of the Investment
                Company Act of 1940 (15 U.S.C. 80a-3);

        (j) [_] Group, in accordance with Section 240.13d-1(b)(1)(ii)(J).





CUSIP No.009411109                   13G                  Page __ of __ Pages


______________________________________________________________________________
Item 4.  Ownership.

     Provide  the  following  information  regarding the aggregate number and
percentage of the class of securities of the issuer identified in Item 1.

     (a)  Amount beneficially owned:   3,883,324_______

     (b)  Percent of class: 5.82%___________________________

     (c)  Number of shares as to which such person has:

          (i)   Sole power to vote or to direct the vote 3,883,324_________,


          (ii)  Shared power to vote or to direct the vote NA____________

         (iii) Sole power to dispose or to direct the disposition of 3,883,324
0++


          (iv)  Shared power to dispose or to direct the disposition of NA___


______________________________________________________________________________
Item 5.  Ownership of Five Percent or Less of a Class.

     If this statement is being filed to report the fact that as of the date
hereof the reporting person has ceased to be the beneficial owner of more than
five percent of the class of securities check the following [ ].


______________________________________________________________________________
Item 6.  Ownership of More Than Five Percent on Behalf of Another Person.



_____________________________________________________________________________
Item 7. Identification and Classification of the Subsidiary Which Acquired the
        Security Being Reported on by the Parent Holding Company or Control
        Person.



______________________________________________________________________________
Item 8.  Identification and Classification of Members of the Group.



______________________________________________________________________________
Item 9.  Notice of Dissolution of Group.



______________________________________________________________________________
Item 10. Certifications.

    (a)The following certification shall be included if the statement is filed
        pursuant to Section 240.13d-1(b):

       By signing below I certify that, to the best of my knowledge and
       belief, the securities referred to above were acquired and are held in
       the ordinary course of business and were not acquired and are not held
       for the purpose of or with the effect of changing or influencing the
       control of the issuer of the securities and were not acquired and are
       not held in connection with or as a participant in any transaction
       having that purpose or effect.

    (b)The following certification shall be included if the statement is filed
         pursuant to Section 240.13d-1(c):

         By signing below I certify that, to the best of my knowledge and
         belief, the securities referred to above were not acquired and are not
         held for the purpose of or with the effect of changing or influencing
         the control of the issuer of the securities and were not acquired and
         are not held in connection with or as a participant in any transaction
         having that purpose or effect.



                                    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.



                                                  January 9, 2009
                                                        (Date)



                                                Sophia Franco-Marquez
                                                      (Signature)



                                 Sophia Franco-Marquez/Compliance Specialist
                                                 (Name/Title)



Note. Schedules filed in paper format shall include a signed original and five
copies of the schedule,including all exhibits.See Rule 13d-7 for other parties
for whom copies are to be sent.

Attention. Intentional misstatements or omissions of fact constitute federal
criminal violations (see 18 U.S.C. 1001).