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China Media Capital

Private equity firm

Field	Value
name	CMC Holdings
trade_name	China Media Capital
logo	CMC Logo.svg
type	Private
industry	Private Equity
founder	Li Ruigang
key_people	Li Ruigang
(Chairman)
owner	Li Ruigang
foundation
location_city	Shanghai
location_country	China
website

(Chairman)

China Media Capital () is a private equity firm specializing in growth capital, mid venture, late venture, emerging growth, corporate restructuring, management buyouts, and mergers & acquisitions. The firm prefers to invest in the cultural, technology, media, entertainment, consumer, medical treatment, and telecommunication sectors. It invests both inside and outside China.

China Media Capital was founded in 2009 and is based in Shanghai, China, with an additional office in Beijing. CMC has shares in the City Football Group and Formula E team Techeetah.

History

In August 2010, Star China Media was announced that News Corporation would sell a controlling stake in its assets in mainland China to China Media Capital (CMC), which was headed by Li Ruigang (of Shanghai Media Group). Xing Kong (both domestic and international versions) and Channel V Mainland China, plus Fortune Star film library were in the sale, 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 remaining stake from 21st Century Fox (which took television businesses from the original News Corporation in the 2013 split). This marked 21st Century Fox's exit from Mandarin entertainment television market in Mainland China.

In 2021, Star China Media launched an initial public offering as a publicly traded company, trading on the Hong Kong Stock Exchange (HKSE) with the application being accepted on December 29, 2022, when it was trading on the stock exchange.

Filmography (abridged)

The Wandering Earth (2019)
Pegasus (2019)
The Beachbuds (2021)
Lost in the Stars (2023)
Meg 2: The Trench (2023)

Investment holdings

Techeetah
Pearl Studio (formerly Oriental DreamWorks)
Star China Media
Warner Bros. Discovery
Flagship Entertainment Group (41%)
City Football Group (13%)
Shaw Brothers Studio (11%)
Sanrio (10%)
THOIP (90%)
Daewon Media (92%)
Showbox (25.00%)
Alpha Group Co., Ltd. (99%)
Gravity Pictures

Shareholders

Alibaba
Tencent
China Vanke

References

"Company Overview of China Media Capital".
Young, Doug "[https://www.reuters.com/article/us-newscorp-china/news-corp-sells-controlling-stake-in-china-tv-channels-idUSTRE67810L20100809 News Corp sells controlling stake in China TV channels]" [[Reuters]] August 9, 2010
Chu, Karen "[https://www.hollywoodreporter.com/news/news-corp-sells-chinese-language-26422 News Corp. sells Chinese-language channels to CMC]" [[Associated Press]] August 9, 2010 (via ''[[The Hollywood Reporter]]'')
Coonan, Clifford "[https://variety.com/2010/biz/markets-festivals/china-media-capital-buys-star-china-1118022740/ China Media Capital buys Star China]" ''[[Variety (magazine). Variety]]'' August 9, 2010
"[https://www.businesswire.com/news/home/20140102005296/en/Star-China%E2%80%99s-Management-Team-China-Media-Capital 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 Fox]] [[Business Wire]] January 2, 2014
Patnaik, Sampad "[https://www.reuters.com/article/us-fox-divestment/21st-century-fox-sells-star-china-tv-stake-idUSBREA010CC20140102 21st Century Fox sells Star China TV stake]" [[Reuters]] January 2, 2014
(2 January 2014). "Rupert Murdoch gives up on China with sale of Star China TV". Telegraph UK.
"业绩连续三年下滑，上市首日股价大涨！星空华文能否唱好"中国好声音"？". Daily Economic News.
(12 February 2020). "China Media Capital Raises $950 Million for Third Dollar Fund".

Info: Wikipedia Source

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