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Huayi Tencent Entertainment to Change Name to Hony Media Group
Huayi Tencent Entertainment, 6/07/24
Chinese entertainment, media, and healthcare services firm Huayi Tencent Entertainment (0419.HK) announced today that it plans to change the company's name. Read More
Online & Offline Teen Programming Study Platform 'All Dream' Raises RMB 120 Mln Series B
Lieyunwang.com, 9/12/18
Shanghai-based online and offline teenager-oriented programming education services provider All Dream Network Technology recently announced completion of RMB 120 mln in Series B funding led by TAL Education Group's (NYSE: TAL) Win-win Fund and IDG Capital with participation by Shenzhen-based Qianhai Fund of Funds. Read More
STEAM Education Solutions Provider Makeblock Wins RMB 300 Mln Series C
36Kr.com, 8/30/18
Shenzhen-based Maker Works Technology, developer of STEAM (Science, Technology, Engineering, Arts, and Math) education solutions provider Makeblock, has announced the completion of RMB 300 mln in Series C funding led by CICC Alpha Investment Fund Management, with participation by Yuexiu Industry Investment Management, GX Capital and Lang Ma Feng VC. Read More
China Issues Draft Regulations on Audio-Visual Programming for Minors
Sina Tech, 8/27/18
China's National Radio and Television Administration (NRTA) recently issued a notice seeking public opinion on a regulatory draft concerning audio-visual programming for minors. Read More
Watermelon Video to Invest RMB 4 Bln to Create Self-developed Variety Show Platform
DoNews, 8/02/18
Beijing-based Bytedance Technology, operator of short video platform Xigua Shipin ("Watermelon Video"), has announced plans to invest RMB 4 bln over the next year to develop its own variety show platform. Read More
Happigo Secures CSRC Approval to Acquire Five Hunan Broadcasting Businesses
Happigo, 6/22/18
TV and online shopping channel operator Happigo Home Shopping (300413.SZ), a subsidiary of Hunan Broadcasting System (HBS) company Mango Media, recently announced that the China Securities Regulatory Commission has approved its major asset restructuring and RMB 2 bln fundraising program, under which it will acquire five HBS subsidiaries including Kuaile Yangguang Interactive Entertainment Media (Mango TV), online and mobile game developer Mango Interactive Technology, TV production firm EE-Media, film studio Mango Studios, and entertainment content developer Mango Entertainment for a total of RMB 11.5 bln. Read More
Today's Headlines Allies with Satellite TV Networks on Content Production, Promotion
Securities Times, 6/20/18
Online and mobile news portal platform Today's Headlines, operated by Beijing-based Bytedance Technology, has made an announcement in Shanghai that it has formed a strategic partnership with five major satellite television networks including Hunan Satellite TV, Beijing Satellite TV, Dragon TV, Jiangsu Satellite TV and Zhejiang Satellite TV. Read More
Online Entertainment Firm Perfect World to Raise RMB 1 Bln for Film Investment
Perfect World, 6/04/18
Chinese online entertainment firm Perfect World (002624.SZ) has announced plans to raise up to RMB 1 bln in funding through a non-public offering. Read More
China Strengthens Regulation of Audio-visual Content Creation and Broadcasting
Pencil News, 3/22/18
China's State Administration of Press, Publication, Radio Film and Television (SAPPRFT) recently issued a special notice on strengthening regulatory oversight for online audio-visual program broadcasting, including management rules covering unlawful crawling, clipping, and editing activity and sponsorship of different types of programming. Read More
Tencent Acquires Enlight Media's 28% Stake in TV and Film Producer New Classics Media
Enlight Media, 3/12/18
Beijing-based TV and film investment, production, and distribution company Enlight Media (300251.SZ) recently announced that it has signed a share transfer agreement with Linzhi Tencent Technology, a subsidiary of Chinese internet conglomerate Tencent (0700.HK), to transfer its entire 27.64% stake in Beijing-based New Classics Media to Tencent for a total consideration of RMB 3.317 bln. Read More
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