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.
Beijing Weiying Times Technology, a Chinese online portal that sells movie tickets, has raised RMB3 billion ($462 million) in an extended Series C round of funding at a valuation of $2 billion.
Two Chinese investment groups – Puji Capital and Jupai Holdings – have formed a joint venture (JV) to invest in Wanda Pictures, the film production and distribution division of domestic conglomerate Dalian Wanda.
Zhaohui Wang, co-founder and formerly operating partner at Innovation Works, has launched a China-focused seed fund to invest in culture, media and sport-related assets.
US private equity firm Shamrock Capital Advisors has acquired a majority stake in Silvergate Media with a view to expanding the company’s presence in China.
FountainVest Partners and its portfolio company Focus Media - a Chinese outdoor advertising business that went public via a backdoor listing last year - will launch a $400 million sport industry-focused fund.
SAIF Partners has participated in a RMB1 billion ($155 million) round of funding for Baidu Video, a new online video affiliate created by Chinese search giant Baidu.
Chinese smart phone maker Xiaomi has led a $25 million round of funding for Hungama Digital Entertainment, an Indian music and video online platform.
Le Sports, an independently funded subsidiary of China’s LeTV Holdings, has completed a $1.2 billion Series B funding round at a post-money valuation of $3.3 billion.
CMC Capital Partners and FountainVest Partners have made a partial exit from IMAX China after agreeing to an extended lock-up period for the rest of their shares.
By taking HMV Asia public in Hong Kong through a backdoor listing, AID Partners' objective was to secure China 3D Entertainment as a strategic partner for the business