Media
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...
IDG backs spin-out of Phoenix New Media's apps division
IDG Capital Partners has agreed to support the spin-out of Hong Kong broadcaster Phoenix New Media's apps business as it looks to accelerate development in China.
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...
Chinese digital magazine Viva receives $20m round
Viva, a Chinese digital magazine operator, has received a $20 million Series C round of financing from an undisclosed French investment institution. Minhong Yu, founder of Chinese education provider New Oriental, also participated in the round.
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...
TPG to buy 21st Century Fox stake in Phoenix Satellite TV
TPG Capital has agreed to buy a 12.15% stake in Chinese satellite television operator Phoenix Satellite Television Holdings from 21st Century Fox for HK$1.66 billion ($214 million).
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.
Sierra Ventures leads Series C round for China's Social Touch
Chinese social marketing services provider Social Touch has raised $10 million in Series C funding from a group of investors led by Sierra Ventures. Legend Capital and GGV Capital, which backed the company in its previous two rounds, also participated.
Matrix Partners exits China Bona Film to Fosun
Matrix Partners China and other undisclosed pre-IPO shareholders have exited a 6.4% stake in Bona Film Group, a NASDAQ-listed film distributor in China, to Chinese conglomerate Fosun International for $20.8 million.
China Media Capital backs Charm Communications take-private
Hong Kong-based China Media Capital is backing management buyout of Charm Communications, a US-listed Chinese advertising agency. The bid values the company at about $180 million.
Australia’s Wolseley exits magazine publisher to trade buyer
Wolseley Private Equity has completed its second exit in a month with the sale of Australian magazine publisher nextmedia to Forum Media Group.
Japan's KDDI, Cisco lead $10m Series A for Moxtra
Japanese telecom firm KDDI Corp and US tech giant Cisco Systems have led a $10 million Series A round of investment for Silicon Valley-based app developer Moxtra. Other investors include China's Innovation Works and Starwood Capital's Barry Sternlicht.
Focus Media targets $500m dividend recap - report
Focus Media, a Chinese advertising company backed by The Carlyle Group, FountainVest Partners, CITIC Capital Partners, China Everbright and Fosun International intends to return to the loan market with recapitalization plan of around $500 million.
Japan's Rakuten acquires VC-backed video site Viki
Japanese e-commerce giant Rakuten has acquired Viki, a VC-backed global video streaming platform.The financial details of the transaction were not disclosed.
SMBC, IGPI invest $1.3m in Japanese game design platform
SMBC Venture Capital and Industrial Growth Partners (IGPI) have invested JPY130 million ($1.3 million) in Mugenup.com, a start-up that crowd-sources design talent to work on projects for game developers.
Fenox leads Tech in Asia Series B round
Fenox Venture Capital has led a Series B round of investment in digital media company Tech in Asia. Existing investors, East Ventures and Simile Venture Partners, also took part in the round. Financial details were not disclosed.
Fuji Startup Ventures backs Japanese classifieds site
Fuji Startup Ventures (FSV), the VC investment arm of Japanese national TV network Fuji Terebi, has invested JPY50 million ($500,000) in classifieds website JMTY.com - pronounced "Jimoti."
Media investor Bruno Wu to raise $500m PE fund
Chinese media entrepreneur Bruno Wu plans to raise a $500 million media-focused private equity fund. The vehicle will invest in small to medium-sized internet, digital media and e-commerce companies.
China mobile gaming: Buy your way
China's online gaming companies are trying to extend their dominance to the growing mobile segment. Cash-rich and often publicly listed, the strategy is inorganic expansion, both at home and abroad
Shenzhen Capital invests China’s Le Vision Pictures
Shenzhen Capital Group has invested in a Series A round of funding for Le Vision Pictures, the Beijing-based film making arm of online film and TV portal LeTV. Details of transaction were not disclosed but this latest investment bring to total amount...