Sino-US Tang Media Partners acquires Open Road Films
Tang Media Partners (TMP), a Sino-US media and entertainment investment group, has finalized its acquisition of Open Road Films, an independent film distributor and producer owned by US-based AMC Entertainment and Regal Entertainment Group.
Financial terms were not disclosed but TMP said the Open Road deal is part of a larger $500 million expansion plan in the entertainment and media sector. The firm completed a "major round of funding" earlier...
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