Shanghai-based China Media Capital (CMC) says that it has signed an agreement to acquire 21st Century Fox’s 47% stake in Star China TV, according to a joint statement. Star China TV’s management team is participating in the acquisition along with CMC. China Media Capital already owns a controlling stake of Star China TV. Formed in […]
Visit ChinaMoneyNetwork.com for more great China Money Podcast audio and video Internet episodes covering important investment news and financial events in China, as well as daily news updates on important China business news happenings. Follow us on Twitter @chinamoneypod subscribe to all episodes on iTunes.