Driven by the popularity of music, TV dramas and beauty products, Korea’s cultural cachet has never been stronger. PE and strategic investors want to monetize the phenomenon, for as long as it lasts
Chinese investors are showing increased interest in international football clubs, hoping to profit off their growing domestic fanbases
US-based virtual reality broadcaster NextVR raises $80 million for expansion, mostly from Asian investors
Douyu TV, a Chinese online platform that features live videos of people playing games, has raised a RMB1.5 billion ($226 million) Series C round of funding led by Phoenix Investments and existing investor Tencent Holdings.
China’s IDG Capital Partners has agreed to take a 20% stake in OL Groupe, the holding company of French football club Olympique Lyonnais, for a total of EUR100 million ($112 million).
China’s Tencent Holdings and Hong Kong-based telecom company PCCW have made equity investments in STX Entertainment, a Hollywood film and TV studio backed by Hony Capital and TPG Capital's growth arm.
China Huace Film & TV has acquired a 35% stake in Xiao Hong Chun, a Chinese VC-backed video e-commerce platform, for $63.85 million.
NextVR, a US-based start-up developing live streaming content for virtual reality (VR), has raised an $80 million Series B round, mostly from investors in Asia.
Haixia Capital, an investment firm controlled by China’s State Development & Investment Corporation, is part of a Chinese consortium that will buy leading Italian football club AC Milan.
State-controlled Telkom Indonesia has partnered with Australia’s Telstra Ventures to pursue venture capital investment opportunities in Southeast Asia.
US media company Discovery Communications has acquired a minority stake in VS Media Group, a Hong Kong-based multi-channel network (MCN) that counts China’s CMC Holdings among its investors.
CMC Holdings, an investment platform launched by Ruigang Li, founder of media-focused PE firm CMC Capital Partners, has invested in a Series B round of funding for Cubee.com, a Chinese online sports data and content provider.
China’s largest cinema group Wanda Cinema Line has agreed to assume full control of Mtime.com, a local online movie ticketing platform backed by several VC investors, in a deal worth $280 million.
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.