Media
Huayi, Tencent, Yunfeng buy Hong Kong shell for movie investments
China's Huayi Brothers, Tencent Holdings and Yunfeng Capital – a PE firm co-founded by Alibaba Group's Jack Ma – have acquired a Hong Kong-listed shell company to develop films for local and international markets in a deal worth HK$547 million ($70.6...
AVCJ Awards 2015: Deal of the Year - Mid Cap: SBI Life Living
Advantage Partners leveraged its expertise in corporate carve-outs to acquire SBI Life Living. It plans to split the business in two so that each half can achieve its full potential
China digital advertising firm iPinYou raises $78m
IPinYou, a Chinese real-time bidding digital advertising platform, has completed a RMB500 million ($78 million) round of funding led by China Mobile Innovation Industry Fund.
CMC, CITIC Capital acquire 13% of City Football Group
China Media Capital Holdings (CMC Holdings) and CITIC Capital have paid $400 million for a 13% stake in Abu Dhabi-based City Football Group (CFG), which owns the Manchester City Football Club and other related businesses.
Deal focus: S Chand unlocks digital doors
IFC and Everstone support S Chand's plans to take India educational publishing firmly into the digital age
Mitsui commits $52m to India's Naaptol
Mitsui & Co. Global Investment, the VC arm of Japanese conglomerate Mitsui, has invested another INR3.4 billion ($52 million) in Indian TV shopping and e-commerce platform Naaptol.
Carlyle agrees to sell Taiwan's EBC to DMG Entertainment CEO
The Carlyle Group has agreed to sell its majority stake in Taiwan broadcaster Eastern Broadcasting (EBC) to Dan Mintz, CEO of US-based media company DMG Entertainment.
Kalaari commits $4m to India's ScoopWhoop
Kalaari Capital has invested $4 million in Indian internet news and media outlet and production company ScoopWhoop.
China cinema ticket sales app Wepiao raises $234m
Wepiao, a Chinese mobile app specializing in movie ticket sales, has completed a Series C round of funding worth RMB1.5 billion ($234 million) led by the government-backed Beijing Cultural Assets Chinese Film & Television Fund.
Providence ups stake in India's Hathway
Providence Equity Partners has paid INR2.4 billion ($36.4 million) for a 6.35% stake in Indian cable TV operator Hathway Cable and Datacom held by Macquarie Bank.
Deal focus: Taiwan AI draws global investors
Appier, a Taipei-based company that applies artificial intelligence and machine-learning technology to advertising, gets $23 million in Series B funding
Deal focus: KKR eyes Asia content
KKR teams up with The Chernin Group to create Emerald Media, a growth investment platform dedicated to Asia's media and entertainment industry
Alibaba agrees Youku Tudou acquisition at $4.8b valuation
Alibaba Group has agreed to acquire US-listed Chinese online video platform Youku Tudou in an all-cash deal that values the company at approximately $4.8 billion.
Deal focus: CMC’s big ambitions for Chinese football
Having paid $1.3 billion for the broadcasting rights to domestic Chinese football, CMC Capital Partners is targeting better players, better production standards and broader market appeal
KKR commits $300m to Asia media investment platform
KKR has committed $300 million to a Emerald Media, an investment platform that will target media and entertainment opportunities across Asia. The Chernin Group is participating as a minority co-investor in the deal.
Oriza, Tencent, Alibaba join CMC investment platform
Oriza Holdings, Tencent Holdings and Alibaba Group have jointly committed RMB10 billion ($1.6 billion) to CMC Holdings, a new investment platform launched by Ruigang Li, founder of Chinese media-focused private equity firm CMC Capital Partners.
Japan female-focused video ad network raises $6.6m
Jafco, TBS Innovation Partners and strategic investors iStyle and Excite Japan have invested JPY800 million ($6.6 million) in Open8, a Tokyo-based start-up that a video ad platform targeted at women.
CMC secures $1.3b China football rights deal
CMC Capital Partners, a China-focused PE firm that specializes in media and entertainment investments, has agreed an RMB8 billion ($1.3 billion) deal to broadcast matches in China’s domestic football league.
Singapore government joins Coursera's Series C
EDBI, the corporate investment arm of the Singapore Economic Development Board, has joined a Series C round of funding for US-based online education provider Coursera.
Q&A: CMC Capital Partners' Ruigang Li
Ruigang Li forged a career with Shanghai Media Group and then left to start media-focused private equity firm CMC Capital Partners. He explains why capital is entering the sector and where he sees it heading
CMC, Merlin Entertainment agree Legoland JV
CMC Capital Partners has agreed to form a joint venture with London-based Merlin Entertainments Group to develop a Legoland park in Shanghai.
Apollo agrees partial exit from Australia's Nine
Apollo Global Management has agreed to sell a 13% stake in Australia’s Nine Entertainment to regional broadcaster WIN Corp.
China technology: King content
The proposed acquisitions of online video platform Youku Tudou by Alibaba could be a crucial move in the battle for content being contested by China's internet giants
China’s LeTV buys control in VC-backed Yongche
Chinese media company LeTV Holdings has acquired 70% in Yongche.com, facilitating an exit for existing shareholders in the car rental and taxi-booking app.