Headlines from China: 132 Chinese Entertainment Companies Received Investments From BAT

 /  Headlines From China  / 
Many entertainment startup founders believe that if their companies continue to do well in China, they will likely end up being acquired by or receiving investments from Baidu, Alibaba or Tencent (BAT). Read More

Headlines from China: A Short History of Tencent Pictures

 /  Headlines From China  / 
As Tencent Pictures turns three, we take a look at what this company has achieved over the past three years. Read More

Headlines from China: Tencent’s E-book Unit to Acquire New Classics Media for Up to $2.25 B

 /  Headlines From China  / 
On August 13, Tencent's e-book unit China Literature announces that the company is in a deal to acquire film & TV production company New Classics Media (NCM) for up to $2.25 billion. Upon completion of the acquisition, New Classics Media will become China Literature's wholly-owned subsidiary. Read More

Headlines From China: Tencent To Become Second Largest Shareholder Of New Classics Media

 /  Headlines From China  / 
Enlight Media has entered into an equity transfer agreement with an industry fund under Tencent that it will sell 27.64% stake in film and TV production company New Classics Media (新丽传媒)for approximately $524 million. Upon completion, Tencent will become the second largest shareholder of New Classics Media. Read More