China Media Capital(Chinese:Người Hoa văn hóa) is aprivate equity firmspecializing ingrowth capital,mid venture, late venture, emerging growth,corporate restructuring,management buyouts,andmergers&acquisitions.The firm prefers to invest in the cultural, technology,media,entertainment, consumer,medical treatment,andtelecommunicationsectors. It invests both inside and outsideChina.

CMC Holdings
China Media Capital
Company typePrivate
IndustryPrivate Equity
Founded2009;16 years ago(2009)
FounderLi Ruigang
Headquarters,
China
Key people
Li Ruigang
(Chairman)
OwnerLi Ruigang
Websitewww.cmccap

China Media Capital was founded in 2009 and is based inShanghai,China, with an additional office inBeijing.[1]CMC has shares in theCity Football GroupandFormula EteamTecheetah.

History

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In August 2010,Star China Mediawas announced that News Corporation would sell a controlling stake in its assets in mainland China to China Media Capital (CMC), which was headed byLi Ruigang(ofShanghai Media Group).[2][3][4]Xing Kong (both domestic and international versions) andChannel VMainland China, plus Fortune Star film library were in the sale,[2][3][4]and a joint venture named Star China Media was created in the process.

In January 2014, the company's management team and CMC acquired the remainingstakefrom21st Century Fox(which took television businesses from the originalNews Corporationin the 2013 split).[5][6][7]This marked 21st Century Fox's exit from Mandarin entertainment television market in Mainland China.

In 2021, Star China Media launched aninitial public offeringas a publicly traded company, trading on theHong Kong Stock Exchange(HKSE) with the application being accepted on December 29, 2022, when its was trading on the stock exchange.[8]

Filmography (abridged)

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Investment holdings

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Shareholders

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See also

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References

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  1. ^"Company Overview of China Media Capital".BloombergBusiness.Retrieved16 April2015.
  2. ^abYoung, Doug "News Corp sells controlling stake in China TV channels"ReutersAugust 9, 2010
  3. ^abChu, Karen "News Corp. sells Chinese-language channels to CMC"Associated PressAugust 9, 2010 (viaThe Hollywood Reporter)
  4. ^abCoonan, Clifford "China Media Capital buys Star China"VarietyAugust 9, 2010
  5. ^"Star China's Management Team and China Media Capital to Acquire 21st Century Fox's Entire Stake in Star China TV Joint Venture"21st Century FoxBusiness WireJanuary 2, 2014
  6. ^Patnaik, Sampad "21st Century Fox sells Star China TV stake"ReutersJanuary 2, 2014
  7. ^William, Christopher (2 January 2014)."Rupert Murdoch gives up on China with sale of Star China TV".The Telegraph.Telegraph UK.Retrieved20 July2014.
  8. ^"Công trạng liên tục ba năm trượt xuống, đưa ra thị trường đầu ngày giá cổ phiếu đại trướng! Sao trời Hoa văn có không xướng hảo" Trung Quốc hảo thanh âm "?".Daily Economic News.Retrieved2023-01-02.
  9. ^"China Media Capital Raises $950 Million for Third Dollar Fund".Variety.12 February 2020.Retrieved21 July2024.