Media
VCs pump another $13m into PubMatic
Nokia Growth Partners (NGP) has led a $13 million round of funding for PubMatic, an advertising platform based in India and US. Existing investors August Capital, Draper Fisher Jurvetson, Helion Ventures and Nexus Venture Partners also took part in the...
Globis, Gree invest in Japan crowd-sourced editing platform
Globis Capital Partners and Gree Ventures have together invested JPY300 million ($2.9 million) in Viibar, the Japanese start-up behind the video production-focused crowd sourcing platform of the same name.
Fortisure leads Series C for Indian ad tech player
Jivox, an advertising technology company with operations in India and the US, has raised $5.8 million in Series C funding led by existing investor Fortisure Ventures. Shah Capital also participated, as did existing investors Opus Capital and Helion Venture...
Hong Kong-listed A8 commits to tech-focused Qingsong Fund
A8 Digital Music Holdings, a Hong Kong-listed media corporation, has committed RMB20 million ($3 million) to acquire an approximately 6% interest in Qingsong Fund II.
Saif invests $30m in China fashion platform
Saif Partners China has committed $30 million in a Series C round of funding for Yoho, an online fashion magazine and e-commerce platform.
Japanese VCs invest $1.5m in ad platform Logly
Voyage Ventures, Mizuho Capital, SMBC Venture Capital and strategic investor CA Mobile have together invested JPY120 million ($1.15 million) in Logly, a Japan-based start-up running an internet ad platform.
IMM to support T-Broad in cable TV battle
Thanks to the rapid emergence of internet protocol TV (IPTV), South Korea’s cable TV operators are expected to broadcast across the country regardless of regulatory hurdles.
Platinum buys Australia directories business Sensis
US private equity firm Platinum Equity has reached an agreement with Telstra Corporation, Australia's biggest phone company, to acquire a 70% stake in its directories business Sensis for A$454 million ($407.17 million).
Quvat-backed Blitzmegaplex targets Indonesia IPO
Blitzmegaplex, an Indonesian movie theater chain backed by Quvat Management, is targeting an IPO in the first quarter of 2014 as it seeks to raise capital for expansion.
IMM PE invests $190m in Korean cable TV operator T-Broad
IMM Private Equity has acquired an approximately 21% stake in T-Broad Holdings, South Korea’s second-largest cable operator by subscriber numbers, for KRW200 billion ($190 million).
China Media Capital to buy 21st Century Fox's Star TV stake
China Media Capital (CMC) has agreed to buy 21st Century Fox’s 47% stake in Star China TV in partnership with company management. The acquisition gives CMC full ownership of what was previously News Corporation’s China portfolio, having bought a majority...
Indonesia eases foreign investment restrictions
Foreign investors will be able to take larger stakes in Indonesia’s power, advertising and pharmaceuticals sectors as part of efforts to boost the country’s slowing economy. The changes require formal presidential endorsement before they can come...
Sailing Capital, Shanghai New Culture Media launch $165m fund
Sailing Capital has teamed up with Shanghai New Culture Media, a Shenzhen-listed media enterprise, to launch a RMB1 billion ($165 million) culture fund.
PE-backed Nine raises $577m in Australia IPO
Australia's Nine Entertainment - which was saved from receivership by US hedge fund backers Oaktree Capital Group and Apollo Global Management - has raised A$631 million ($576.45 million) after pricing its IPO at the bottom end of the indicative range....
Jafco Asia leads Series B round for US games developer
Japanese venture capital investor Jafco Asia has led a Series B round of funding for US games developer Playnery. The value of the transaction was not disclosed.
China Huace Media buys stakes in VC-backed Herun Media
Shenzhen-listed film and television producer Huace Media has picked up a 20% stake in Herun Media, a Beijing-based marketing specialist backed by several domestic VCs, for RMB104 million ($17 million).
Temasek buys stake in India's Eros International
Temasek Holdings has made its first foray into India's Bollywood movie industry as Fullerton Fund Management - a unit of the Singapore sovereign fund - acquired a stake in local film distributor Eros International.
Virgin forms India JV with Cinema Capital Venture Fund
Richard Branson’s Virgin Produced media production company has entered into a partnership with Mumbai-based Cinema Capital Venture Fund and Tantrik Group, a media and entertainment asset management firm, to launch Virgin Produced India, which will develop,...
Australia's HighPoint Capital invests in Brand New Media
HighPoint Capital has acquired a significant minority shareholding in Brand New Media (BNM), a Sydney-headquartered business that runs digital channels for brands and broadcasters. Its partners include Seven West Media in Australia, New Zealand’s national...
Oaktree ups stake in New Zealand's MediaWorks
Oaktree Capital has increased its stake in New Zealand broadcaster MediaWorks to 43%, after acquiring a 14.6% stake from Dutch lender Rabobank. The transaction took place the same day lenders completed their recapitalization of MediaWorks, reducing its...
Apollo, Oaktree-owned Nine Entertainment targets $658m IPO
Australian TV network Nine Entertainment - which is backed by US hedge funds Oaktree Capital Group and Apollo Global Management - is looking to raise up to A$697 million ($658 million) in its IPO set for December. The capital raised will be use to pay...
Quadrant to buy APN's share of advertising JV for $67m
Quadrant Private Equity is set to buy joint venture partner APN News & Media's interest outdoor advertising venture APN Outdoor for A$69 million ($66.5 million).
New Horizon leads $50m round for China's Chukong Technologies
New Horizon Capital has led a $50 million Series D round of investment in Chukong Technologies, a Chinese mobile game developer. GGV Capital, Sequoia Capital, Steamboat Ventures and Northern Light Venture Capital also participated in the round, which...
Fosun VC leads Series B round for Chinese animation producer
Fosun Venture Capital Investment, a VC arm of Fosun Group, has invested in a Series B round of funding for Beijing Dream Castle Culture, a Chinese animation producer. Existing backer GGV Capital also participated. Financial terms were not disclosed.