From movie financing deals to production house acquisitions, Chinese capital is flooding into Hollywood with a view to potential windfalls back home. Should investors believe the hype or wait for the reviews?
Singapore’s Temasek Holdings has led a $105 million Series F round of funding in Sprinklr, a US-based social media company targeting growth in Asia Pacific.
Alibaba Pictures, the Chinese internet giant’s Hong Kong-listed film and entertainment unit, has launched a RMB2 billion ($300 million) fund that will make movie and TV-related investments.
China Growth Capital has led a $10 million Series B-plus round of funding for Austria-based media company Juzi Entertainment. It brings the Series B to $25 million overall.
Baring Private Equity Asia and Canadian buyout firm Onex Corporation have agreed to acquire Thomson Reuters’ Intellectual Property and Science (IP&S) business for $3.5 billion.
Singapore private equity firm Hera Capital has made an undisclosed equity investment in My Social Book, a company that publishes personalized hardback scrapbooks, diaries and photo albums based on customers’ timestamped social media resources.
Gopher Asset Management, the PE arm of Noah Holdings, has teamed up with Chinese movies-to-gaming company Perfect World to launch a media and culture M&A fund that has a target of RMB2 billion ($300 million).
CMC Capital Partners, a private equity firm set up by Ruigang Li, formerly president of Shanghai Media Group (SMG), has reached a first close of just over $350 million on its second US dollar-denominated fund.
US venture capital firm Stripes Group has led an INR5.5 billion ($81.4 million) funding round for India’s Bigtree Entertainment, the company behind cinema and events ticketing site BookMyShow.
Oaktree Capital Management has sold Australian media platform and content provider Active Media Group (AMG) to outdoor advertising business Val Morgan Outdoor (VMO) for an undisclosed amount.
Tencent Holdings has agreed to buy a majority stake in Finland-based mobile game developer Supercell, allowing SoftBank to exit its entire holding in the company in a deal valuing it at $10.2 billion.
Baidu, China's leading internet search provider, has set up a RMB2 billion ($303 million) fund that will support the production of at least 30 movies over the next two years.
Banana Games Media, a Chinese electronic sports platform founded by Xicong Wang, the son of Chinese billionaire Jianlin Wang, has raised a RMB150 million ($23 million) Series A round of funding from IDG Capital Partners.
A consortium led by Sequoia Capital has created a joint venture (JV) with US-based talent and event management firm WME-IMG to develop sports and entertainment businesses in China.
Tang Media Partners, a Sino-US media investment firm, has acquired a majority stake in Hollywood film and TV studio IM Global from India’s Reliance Group.
Fosun Kinzon Capital, the VC arm of Chinese conglomerate Fosun International, has led a $20 million Series A round for uSens, a US-based developer of virtual reality (VR) and augmented reality (AR) tools.
Vision Knight Capital has led a Series C+ round for Chinese gay-oriented social network and community app Blued.
China’s Tencent Holdings and Beijing Weiying Times Technology – an online ticketing platform in which Tencent is an investor – have committed approximately $85 million to YG Entertainment, a Korean record label and talent manager backed by L Capital...
Two Chinese companies – Everbright Securities and entertainment specialist Beijing Baofeng Technology – have acquired a 65% stake in Italy-based sports media rights firm MP & Silva (MPS).
An investment in Taobao Movie is essentially a bet on how the company can leverage what Alibaba Pictures might become, as well as on the broader Chinese box office
CDH Investments' wealth management platform, Ant Financial Services and Sina Corp. have led a RMB1.7 billion ($260 million) Series A round of funding for the online movie ticketing platform of Alibaba Group’s Hong Kong-listed film and entertainment...
Wanda Cinema Line, China’s largest cinema chain operator, plans to acquire its movie-making affiliate Wanda Media, which is backed by several PE investors, for RMB37.2 billion ($5.7 billion) in a cash and stock swap.
Two funds managed by IDG Capital Partners will make partial exits from Super Sports Media – which holds the mainland China broadcast rights for English Premier League football matches – through a reverse merger with Hong Kong-listed comic book publisher...
Xiaoming Huang, a Chinese actor who co-founded celebrity fund StarVC, has launched a new venture capital firm called Ming Capital.