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China Media Capital – News Corp channel acquisition

- $0.00 m
  • Entry date - Thursday, 12 August 2010
  • Jurisdiction - China
  • Practice - M&A
  • China Media Capital – News Corp channel acquisition

  • Firm - Weil Gotshal & Manges
  • Client - China Media Capital
  • Lead Lawyers - Henry Ong, Jeffrey Osterman, Kevin Ban, Peter Feist
  • Role - Counsel to Acquirer


Deal summary

  • Under the agreement, CMC will acquire a controlling stake in News Corporation’s Xing Kong, Xing Kong International, Channel [V] Mainland China along with its Fortune Star Chinese movie library

  • Established in 2009, CMC is China’s first private equity fund with a focus on investment in the media industry

  • The agreement with News corporation represents CMC’s first investment project

  • Weil previously represented CMC in the formation of its fund



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Copyright © 2012 THOMSON REUTERS
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