media investment

China Launches Global 24-hour English TV News

China has launched CNC World, a 24-hour English news channel. From the Associated Press: China Xinhua News Network Corp. (CNC) began broadcasting its first English TV service, CNC World, around the clock on Thursday, including...

China Bids on Newsweek Unsuccessful

China Daily reports: China’s Southern Daily Group’s recent attempt to acquire Newsweek magazine – the country’s first bid for a Western publication – has failed, but the bidder is expecting to make...

DJ After A Piece Of Hexun -Sources

Word around Beijing’s CBD is that The Wall Street Journal and its publisher Dow Jones are in talks with about a deal to take a ten to twenty percent stake in China’s best-reputed financial news and information portal. As of last week a deal did not appear far off, two sources with ties to […]

China Unveils Rules on Foreign Investment in Media

From 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 […]



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