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UK gives nod for Fox to buy Sky

Britain yesterday cleared the way for Rupert Murdoch’s 21st Century Fox to take full control of pan-European TV giant Sky after Fox agreed to address media plurality concerns. Despite the clearance, ...

July 13, 2018, Friday

Murdoch’s Fox raises offer for UK’s Sky in bid to fend off rival Comcast

Rupert Murdoch’s 21st Century Fox has raised its offer for Britain’s Sky in an agreed deal valuing the pay-TV group at US$32.5 billion, seeing off rival bidder Comcast for now....

July 12, 2018, Thursday

CMC nets US$1.5b in fundraising round

Chinese state-backed media group CMC Inc said yesterday it raised around 10 billion yuan (US$1.49 billion) from investors including Alibaba Group Holding Ltd and Tencent Holdings Ltd....

July 4, 2018, Wednesday

China’s ad market to rise 6.5% in 2018

CHINA’S advertising market is predicted to grow 6.5 percent from a year ago to 630 billion yuan (US$96 billion), up from the estimated 5.4 percent growth made in January, representing 16.2 percent of ...

June 27, 2018, Wednesday

Bright for entertainment

CHINA’S media and entertainment sector will see strong demand for paid content and membership of online video/audio streaming sites in the coming years and online gaming is also set to continue its rebound ...

June 21, 2018, Thursday

Oriental Pearl eyes 300m users

Oriental Pearl Group, SMG’s listed new media subsidiary, said yesterday it aims to boost the number of middle-class viewers in China to 300 million by adopting new technologies and teaming up with partners...

June 12, 2018, Tuesday

Growth set to be solid for E&M

China’s entertainment and media industries will continue to growth robustly in the next five years, a private report said....

June 7, 2018, Thursday

Sorrell comes back with new communications firm

MARTIN Sorrell, who last month resigned as head of British advertising giant WPP after allegations of personal misconduct, announced yesterday plans to launch a communications company. Sorrell, 73, has ...

May 31, 2018, Thursday

Comcast eyes to top Disney’s US$50b offer for Fox

Comcast Corp confirmed for the first time yesterday it was preparing a higher, all-cash offer for the businesses that Twenty-First Century Fox has agreed to sell to Walt Disney Co....

May 24, 2018, Thursday

Sky’s no limit for Comcast offer

US media group Comcast submitted a 22 billion pound (US$30.7 billion) bid for Sky yesterday, prompting the European pay TV group to drop its support for a lower offer from Rupert Murdoch’s 21st Century...

April 26, 2018, Thursday


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