Media
FidelisWorld takes the field with TechFront
The Indian Premier League (IPL) will literally enter new territory next month when the seventh season of the cricket tournament starts play in the United Arab Emirates – the first time the country has played host to such an event. The stadium chosen...
PE goes to the movies: Part II
As the man who helped launch the careers of Bruce Lee and Jackie Chan, among others, film producer Raymond Chow can claim to have played a leading role in putting Hong Kong martial arts movies on the international map.
Alibaba to buy majority stake in Tencent, VC-invested ChinaVision
Alibaba Group has agreed to buy 60% of Hong Kong-listed ChinaVision Media Group - in which rival Tencent Holding and VC firm Sequoia Capital are current shareholders, for HK$6.24 billion ($804 million).
PE-backed Prime Focus to acquire Dax
India's Prime Focus Technologies (PFT), a unit of PE-backed movie effects and entertainment company Prime Focus, is to acquire DAX, a developer of a cloud-based workflow software-as-a-service (SaaS) for the media industry, for $9.1 million.
Hony, TPG Growth invest in film studio
Hony Capital and TPG Growth, a middle market and growth equity investment arm of TPG Capital, have partnered with Hollywood producers Robert Simonds and Gigi Pritzker to set up a film studio.
GF Securities, Alpha Animation launch China media fund
GF Xinde Investment, an investment arm of Chinese broker GF Securities, has established a RMB100 million ($16 million) PE fund with Shenzhen-listed toy maker Guangdong Alpha Animation and Culture. It will invest in internet and media companies.
SoftBank Venture backs Thai video game firm Ini3 Digital
SoftBank Ventures Korea (SBVK), the corporate investment arm of the Japanese telecoms giant, has taken a 23% stake in Thai online video game operator Ini3 Digital. The financial terms were not dislosed.
Focus Media targets $1b Hong Kong IPO - report
Chinese display advertising business Focus Media, which was taken private in last May by a consortium of private equity investors in conjunction with company management, is said to be working towards a $1 billion IPO in early 2015.
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.
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.
Canaan leads $5.6m round for India's SureWaves
Canaan Partners has led a INR350 million ($5.6 million) round of funding for SureWaves MediaTech, an Indian TV advertising platform operating out of Bangalore. Existing backers Accel Partners India and India Innovation Fund (IIF) also participated.
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...
Kalaari, Singapore Press commit $10m to Magzter
Digital magazine store and newsstand Magzter Inc. has raised a $10 million Series B round of funding from Singapore Press Holdings and existing investor Kalaari Capital.
APN agrees to exit advertising JV to Quadrant
APN News & Media has agreed to exit its interest in advertising business APN Outdoor to joint venture partner Quadrant Private Equity for A$69 million ($66.5 million).
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).