Tencent is in talks with short video app Kuaishou, known as Kwai in English, about investing between $1 billion and $1.5 billion in the platform. Details of a potential deal have already emerged on Chinese financial blog IPO Zaozhidao. Read More
Bad Robot, the media vehicle of Hollywood producer, director and writer J.J. Abrams, said it has entered a strategic partnership with Chinese internet giant Tencent Holdings Ltd. to create games spanning mobile, PC and console formats. Read More
Entertainment finance has had its ups and downs, but with the industry going through a major change, how will financing methods and models evolve? Read More
Creative Artists Agency (CAA) and Bona Film Group will kick off a US$150 million film production fund with an investment in blockbuster director Roland Emmerich's upcoming "Midway," the two companies announced Friday. Read More
New Bona cinemas -- including both newly constructed and newly purchased cinemas -- will now become a part of Wanda Cinema Line, according to the agreement. Read More
China real estate titan Sunac China Holdings Ltd. will become LeEco's second-largest shareholder after leading RMB 16.8 billion (US$2.4 billion) in fresh funding. Read More
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