China Media Capital

Alibaba OTT nets bag exclusive DreamWorks deal

Alibaba’s over-the-top services in China will get exclusive access to content from Oriental DreamWorks after signing a three-year agreement. Included in the deal is upcoming SVOD series Trollhunters (pictured), which previously did not have a home in China as Netflix does not have distribution in the territory. Films such as Kung Fu Panda, Shrek and […]

Warner Bros. restructures as Fox gets China post

Warner Bros. Entertainment as handed senior exec Reg Harpur an expanded international role as executive VP Richard Fox (pictured) moves to Beijing to oversee the studio’s expansion there. Harpur – currently executive VP, operations and planning – will take on day-to-day oversight of the firm’s Amsterdam regional distribution hub, with the local country managers from […]

Disney, Sky, ProSieben invest in VR firm

The Walt Disney Company has led a new US$65 million funding round in cinematic virtual reality (VR) firm Jaunt, with Sky also upping its investment in the firm and ProSiebenSat.1 coming on board as an investor. The Walt Disney Company led the Series C funding round alongside Evolution Media Partners, TPG Growth, Participant Media, and […]

SMG boss ‘removed’ from role

The group president of Chinese firm Shanghai Media Group, Li Ruigang, has been “removed” from his post, according to local reports. No reason was given for his departure, though he will remain as chairman of the company, which last year officially transitioned from a state-run company to an incorporated business, albeit one still affiliated with […]

21st Century Fox sells Star China TV stake

Rupert Murdoch’s 21st Century Fox has sold its entire 47% stake in Star China TV to the firm’s management team and China Media Capital. The Star China TV joint venture, which is majority owned by China Media Capital, operates three Mandarin channels – Xing Kong, Xing Kong International, Channel [V] Mainland China – and the […]

Time Warner set for China ents push

US media conglom Time Warner has scored a major strategic partnership with a leading Chinese investment fund to create entertainment properties for China’s emerging audiences. Time Warner – the parent company of Turner Broadcasting System and HBO – and China Media Capital will work together to invest in new opportunities in China’s fast growing media […]