Xiaoming Huang, a Chinese actor who co-founded celebrity fund StarVC, has launched a new venture capital firm called Ming Capital.
Beijing Weiying Times Technology, a Chinese online portal that sells movie tickets, has raised RMB3 billion ($462 million) in an extended Series C round of funding at a valuation of $2 billion.
Two Chinese investment groups – Puji Capital and Jupai Holdings – have formed a joint venture (JV) to invest in Wanda Pictures, the film production and distribution division of domestic conglomerate Dalian Wanda.
Zhaohui Wang, co-founder and formerly operating partner at Innovation Works, has launched a China-focused seed fund to invest in culture, media and sport-related assets.
US private equity firm Shamrock Capital Advisors has acquired a majority stake in Silvergate Media with a view to expanding the company’s presence in China.
FountainVest Partners and its portfolio company Focus Media - a Chinese outdoor advertising business that went public via a backdoor listing last year - will launch a $400 million sport industry-focused fund.
SAIF Partners has participated in a RMB1 billion ($155 million) round of funding for Baidu Video, a new online video affiliate created by Chinese search giant Baidu.
Chinese smart phone maker Xiaomi has led a $25 million round of funding for Hungama Digital Entertainment, an Indian music and video online platform.
Le Sports, an independently funded subsidiary of China’s LeTV Holdings, has completed a $1.2 billion Series B funding round at a post-money valuation of $3.3 billion.
CMC Capital Partners and FountainVest Partners have made a partial exit from IMAX China after agreeing to an extended lock-up period for the rest of their shares.
By taking HMV Asia public in Hong Kong through a backdoor listing, AID Partners' objective was to secure China 3D Entertainment as a strategic partner for the business
Hong Kong-based media group Orange Sky Golden Harvest Entertainment has raised RMB400 million ($61.5 million) from a group of investors including CITIC Securities-managed Credit Prosperity Fund and PE-backed Beijing Weiying Technology, which runs online...
Hony Capital, CITIC Private Equity and Sequoia Capital are set to exit Happigo Home Shopping, a Shenzhen-listed online and TV shopping subsidiary of Hunan TV.
Gunosy, a listed Japanese news app backed by VC firms Jafco and B Dash Ventures, has committed IDR67 billion ($5 million) to Kurio, a similar company based in Indonesia.
Chinese conglomerate HNA Group has agreed to invest RMB1.2 billion ($184 million) in Le Sports, a unit of LeTV Holdings, as part of a Series B funding round for the company.
Douyu TV, a Chinese online platform that features live videos of people playing games, has completed a $100 million round of funding led by Tencent Holdings.
Hony Capital has led a RMB500 million ($77 million) Series B round for Shanghai-based boutique entertainment studio Linmon Pictures.
CMC Holdings, an investment platform launched by Ruigang Li, founder of media-focused PE firm CMC Capital Partners, has invested in Hollywood production house Imagine Entertainment.
Malaysia-based VC-backed internet television service Iflix has attracted $45 million of strategic investment from fellow Netflix rivals, including European broadcaster Sky, to expand the company’s business across Southeast Asia.
Blippar, a UK-based developer of augmented reality, computer vision and artificial intelligence technology, has raised a $54 million Series D round to support its Asia expansion plans.
From Alibaba Group to Wanda Group, Chinese companies are looking to tighten their hold on the media value chain, moving upstream and downstream. Private equity can profit from this evolving ecosystem
Chinese conglomerate Dalian Wanda Group is seeking to raise RMB10 billion ($1.5 billion) from domestic investors for its film and TV production division – Wanda Media – ahead of a planned onshore listing.
YouAppi, a mobile advertising analytics start-up based in Israel and the US, has raised a $13.1 million Series B round from a consortium of investors including Global Brain to support its Asia expansion.
Guangdong Alpha Animation and Culture, a listed Chinese animation firm, has led an undisclosed Series A round of funding for Time of Virtual Reality (TVR), which develops games for VR devices.