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Shanghai Daily,上海日报

Media


SUMG unveils joint fund for investments

SHANGHAI United Media Group and Shanghai Industrial Investment Co yesterday launched a joint fund of 1.809 billion yuan (US$291 million) that will boost the media group’s investment in cultural activities, ...

June 26, 2015, Friday


Murdoch said to be ready to pass Fox CEO job to son

RUPERT Murdoch will step down as chief executive of his media-entertainment conglomerate 21st Century Fox and hand the job to his son James, his news channel said yesterday. Fox News confirmed the succession ...

June 12, 2015, Friday


TV firms seek Internet Plus lifeline

Chinese TV and broadcasters, which suffer from declining audiences and advertising income, are seeking new Internet Plus opportunities such as the convergence of Internet and mobile to survive, Shanghai...

June 10, 2015, Wednesday


Robust growth for media, entertainment

China’s media and entertainment sector will see a 10.5 percent annual growth in expenditure and income between 2015 and 2019, more than double the global average level, according to a latest study....

June 10, 2015, Wednesday


More media expenditure to come

GROWTH rate of expenditure and income in China’s media and entertainment sector is expected to be around 10.5 percent between 2015 and 2019, more than double the global average level, and total amount ...

June 9, 2015, Tuesday


Alibaba invests in CBN to tap financial info and data services

Alibaba Group yesterday said it will invest 1.2 billion yuan (US$194 million) in Shanghai-based business news service provider China Business Network to tap the booming financial information and data services...

June 5, 2015, Friday


Alibaba Pictures seeks US$1.6b for growth

ALIBABA Pictures, the e-commerce’s film and entertainment unit, yesterday said it plans to raise HK$12.1 billion (US$1.6 billion) through a private placement to tap investment opportunities in the entertainment ...

June 5, 2015, Friday


Alibaba, CBN to boost cooperation

E-commerce giant Alibaba Group is said to have reached a deal to invest at least 1 billion yuan (US$161 million) in Shanghai-based China Business Network. The signing ceremony will be held today and the ...

June 4, 2015, Thursday


Focus Media to relist via backdoor

Focus Media Holding Ltd, one of several Chinese firms that delisted in the United States after short-seller attacks, is set to go public again via a reverse takeover in Shenzhen that values it at above...

June 4, 2015, Thursday


Eyes on Chinese site of 20th Century Fox park

THE site of 20th Century Fox Inc’s first amusement park in China will be unveiled within a few months as Rupert Murdoch’s film and television company seeks a foothold in one of the world’s fastest-growing ...

May 20, 2015, Wednesday




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