Gov’t to allow Disney and others to invest in Chinese TV

Another story on new rules governing foreign ownership of TV stations, from the Malaysia Star today:

Beginning Nov. 28, foreign companies will be allowed to own up to 49% of Chinese TV firms, provided they use “China themes” in two-thirds of their programming.

The worlds largest television audience will welcome overseas giants like Viacom, Disney and News Corp as the Chinese government looks to boost broadcasters’ revenues.

November 18, 2004 5:15 PM
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Categories: Economy