London, Cannes, Shanghai – FremantleMedia, Shanghai Media Group (SMG)’s BesTV and China Media Capital (CMC) announced an exclusive joint venture partnership that will create and develop entertainment formats for the China market, set to reach millions of viewers on Dragon TV and BesTV platforms, and take proprietary China content to the world market through FremantleMedia’s global distribution network. Based in Shanghai, the bespoke development team will include international … [Read more...] about FremantleMedia forges Chinese joint venture
Ruigang Li
Murdoch’s Fox sells Star China TV stake
New York — According to the Agence France-Presse, Rupert Murdoch's 21st Century Fox said Thursday it was selling its 47 percent stake in Star China TV, which operates three Mandarin-language television stations. Terms were not disclosed. Formed in 2010 and majority-owned by CMC, the joint venture operates three 24-hour channels: Xing Kong, Xing Kong International and Channel [V] Mainland China. It also operates the Fortune Star Chinese movie library. James Murdoch, Rupert … [Read more...] about Murdoch’s Fox sells Star China TV stake
