Shanghai - Shanda Pictures Limited, an interactive entertainment media company in China, and Hunan Broadcasting and Television Group, announced a strategic cooperation to invest an aggregate of RMB600 million to establish a joint venture company, which will produce and distribute movies and television series, as well as engage in other related businesses such as agency services. The JV's first project will be a remake of TV series, Princess Huanzhu, which was adapted from the romantic novel of … [Read more...] about Shanda and Hunan TV announce joint venture