Time Warner-China Media Capital Form Investment Partnership

By Tim Molloy NEW YORK (TheWrap.com) - Time Warner and China Media Capital, a Chinese investment fund focused on media and entertainment, have formed a strategic investment partnership aimed at meeting the country's demand for content across multiple platforms. The alliance unites the home of Warner Bros., HBO, and Turner Broadcasting with one of China's major investors. "China's media and entertainment industry is undergoing a profound change on various fronts including technology, creativity and commercialization," Ruigang Li, Chairman of CMC, said in a statement. ...



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