China Unveils Rules on Foreign Investment in Media

_39523657_thomsonafp203credFrom Bloomberg: “China will let foreign investors take stakes in television production companies for the first time, widening access for Viacom Inc., Walt Disney Co. and other media companies in the world’s biggest TV market by viewers.

The new policy, to take effect Nov. 28, will allow foreigners to own as much as 49 percent of entertainment-programming ventures, the State Administration of Radio, Film and Television said on its Web site. Ventures must have minimum paid-up capital of $2 million and use Chinese themes in two-thirds of programs, it said. ”

The full article is here.

UPDATE: BBC’s article on this subject is here.

Tweets

SUPPORT CDT

Google Ads 1

CDT EBOOKS

Giving Assistant

Amazon Smile

Google Ads 2

Anti-censorship Tools

Life Without Walls

Click on the image to download Firefly for circumvention

Open popup
X

Welcome back!

CDT is a non-profit media site, and we need your support. Your contribution will help us provide more translations, breaking news, and other content you love.