Beijing – Chinese new media company Phoenix New Media Limited ("Phoenix New Media", "ifeng" or the "Company") (NYSE:FENG) announced on February 17 that Shuang Liu, the Chief Executive Officer ("CEO") of the Company, has accepted the appointment by the board of directors of Phoenix Satellite Television Holdings Limited ("Phoenix TV"), a Chinese language satellite television based in Hong Kong and the parent company of ifeng, to be the Chief Operating Officer ("COO") … [Read more...] about Shuang Liu appointed COO of Phoenix Satellite Television
Phoenix
TPG to acquire 21st Century Fox’s remaining stake in Phoenix TV
Hong Kong - TPG, a global private investment firm and 21st Century Fox have announced that they have entered into a definitive agreement, pursuant to which TPG agreed to acquire the remaining 12.15% stake held by 21st Century Fox’s (21CF) wholly-owned subsidiary Star Entertainment Holdings Limited in Phoenix Satellite Television Holdings Limited (Phoenix TV). Upon completion of the sale, 21CF will no longer hold an equity interest in Phoenix and its … [Read more...] about TPG to acquire 21st Century Fox’s remaining stake in Phoenix TV
