Le Vision Pictures Secures RMB 9-Digit Funding

Tencent Tech, 8/02/13

Wang Ran, CEO of private investment bank China eCapital Corporation, has announced that Beijing-based TV and film production company Le Vision Pictures has secured a new RMB 9-digit round of funding, valuing Le Vision Pictures at RMB 1.5 bln. Wang did not reveal the names of any of the investor in the new round, nor did he indicate if China eCapital was involved in the deal.

Le Vision Pictures was founded in 2011 by Zhang Zhao.

Editor's Note: Le Vision Pictures and Chinese online video and Internet TV content provider LeTV (Leshi) (300104.SZ) share a number of shareholders. For more background on this topic, please see "LeTV Smart TV Launches Zhang Yimou's Movie Channel" MD 5/29/13 issue.

Keywords: Wang Ran Zhang Zhao Le Vision Pictures funding television China eCapital film production TV content production

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