china media capital

Jul 23, 2018

WPP China in talks to sell stake to Alibaba, CMC, Tencent deal may be a post-Sorrell 'tidying up': Analyst

Sources estimate the stake at hand to be roughly 20% of WPP China, valued at between US$2 billion and US$2.5 billion.

Aug 9, 2010

CMC acquires controlling stake in News Corp businesses

HONG KONG - China Media Capital (CMC) has signed an agreement to acquire a controlling stake in News Corporation’s Xing Kong, Xing Kong International, Channel V Mainland China and Fortune Star Chinese movie library.