china media capital

WPP China in talks to sell stake to Alibaba, CMC, Tencent deal may be a post-Sorrell 'tidying up': Analyst
Jul 23, 2018
Jenny Chan 陳詠欣

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.

CMC acquires controlling stake in News Corp businesses
Aug 9, 2010
Benjamin Li

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.

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