China Media Capital () is a

private equity firm A private equity firm or private equity company (often described as a financial sponsor) is an investment management company that provides financial backing and makes investments in the private equity of a Startup company, startup or of an existin ...

specializing in

growth capital Growth capital (also called expansion capital and growth equity) is a type of private equity investment, usually a minority interest, in relatively mature companies that are looking for capital to expand or restructure operations, enter new markets ...

, mid venture, late venture, emerging growth,

corporate restructuring Restructuring or Reframing is the corporate management term for the act of reorganizing the legal, ownership, operational, or other structures of a company for the purpose of making it more profitable, or better organized for its present needs. ...

management buyout A management buyout (MBO) is a form of acquisition in which a company's existing managers acquire a large part, or all, of the company, whether from a parent company or individual. Management- and/or leveraged buyouts became noted phenomena of 19 ...

s, and

merger Mergers and acquisitions (M&A) are business transactions in which the ownership of a company, business organization, or one of their operating units is transferred to or consolidated with another entity. They may happen through direct absorpt ...

s &

acquisitions Mergers and acquisitions (M&A) are business transactions in which the ownership of a company, business organization, or one of their operating units is transferred to or consolidated with another entity. They may happen through direct absorpt ...

. The firm prefers to invest in the cultural, technology,

media Media may refer to: Communication * Means of communication, tools and channels used to deliver information or data ** Advertising media, various media, content, buying and placement for advertising ** Interactive media, media that is inter ...

, entertainment, consumer,

medical treatment A therapy or medical treatment is the attempted remediation of a health problem, usually following a medical diagnosis. Both words, ''treatment'' and ''therapy'', are often abbreviated tx, Tx, or Tx. As a rule, each therapy has indications an ...

, and

telecommunication Telecommunication, often used in its plural form or abbreviated as telecom, is the transmission of information over a distance using electronic means, typically through cables, radio waves, or other communication technologies. These means of ...

sectors. It invests both inside and outside

China China, officially the People's Republic of China (PRC), is a country in East Asia. With population of China, a population exceeding 1.4 billion, it is the list of countries by population (United Nations), second-most populous country after ...

. China Media Capital was founded in 2009 and is based in

Shanghai Shanghai, Shanghainese: , Standard Chinese pronunciation: is a direct-administered municipality and the most populous urban area in China. The city is located on the Chinese shoreline on the southern estuary of the Yangtze River, with the ...

, China, with an additional office in

Beijing Beijing, Chinese postal romanization, previously romanized as Peking, is the capital city of China. With more than 22 million residents, it is the world's List of national capitals by population, most populous national capital city as well as ...

. CMC has shares in the

City Football Group City Football Group Limited (CFG) is a British-based holding company that administers association football clubs. The group is owned by three organisations, of which 81% is majority-owned by Abu Dhabi United Group, 18% by the American firm Silve ...

and

Formula E Formula E, officially the ABB FIA Formula E World Championship, is an open-wheel single-seater motorsport championship for electric cars. The racing series is the highest class of competition for electrically powered single-seater racing cars ...

team

Techeetah DS Techeetah (, ) was a Sino- French motor racing team under ownership of SECA - China Media Capital that competed in the electric racing series, Formula E. Formula E Team Aguri principal Aguri Suzuki announced he would leave the team in A ...

History

In August 2010,

Star China Media Star China Media (), also known as Star (CM) Holdings, is a PRC, Chinese media company owned by China Media Capital. The company operates television channels Xing Kong and Channel V, Channel V Mainland China, and maintains Fortune Star film lib ...

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 Li Ruigang (; born 13 June 1969) is a Chinese businessman and media mogul. He was born in Lanzhou, Gansu province with his ancestral home in Zhongshan, Guangdong. Early life and education Li obtained an MBA from Fudan University and went to Co ...

(of

Shanghai Media Group Radio and Television Station of Shanghai (RTS), a Shanghai-based state media outlet, and its wholly owned subsidiary, Shanghai Media Group (SMG), represent one of the largest state-owned media conglomerates of the People's Republic of China, wi ...

).Young, Doug
News Corp sells controlling stake in China TV channels

Reuters Reuters ( ) is a news agency owned by Thomson Reuters. It employs around 2,500 journalists and 600 photojournalists in about 200 locations worldwide writing in 16 languages. Reuters is one of the largest news agencies in the world. The agency ...

August 9, 2010Chu, Karen
News Corp. sells Chinese-language channels to CMC

Associated Press The Associated Press (AP) is an American not-for-profit organization, not-for-profit news agency headquartered in New York City. Founded in 1846, it operates as a cooperative, unincorporated association, and produces news reports that are dist ...

August 9, 2010 (via ''

The Hollywood Reporter ''The Hollywood Reporter'' (''THR'') is an American digital and print magazine which focuses on the Cinema of the United States, Hollywood film industry, film, television, and entertainment industries. It was founded in 1930 as a daily trade pap ...

'')Coonan, Clifford
China Media Capital buys Star China
''

Variety Variety may refer to: Arts and entertainment Entertainment formats * Variety (radio) * Variety show, in theater and television Films * ''Variety'' (1925 film), a German silent film directed by Ewald Andre Dupont * ''Variety'' (1935 film), ...

'' August 9, 2010 Xing Kong (both domestic and international versions) and

Channel V Channel '' ("V" as in the letter, not the Roman numeral "5") is a Chinese and former Asian pay television musical network originally launched by Star TV Hong Kong (now Disney Networks Group Asia Pacific). It was part of the unit of Disney In ...

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 A stake is a large wooden or metal implement designed to be driven into the ground and may refer to: Tools * Archer's stake, a defensive stake carried by medieval longbowmen * Survey stakes, markers used by surveyors * Sudis (stake) (Latin for ...

from

21st Century Fox Twenty-First Century Fox, Inc., which did business as 21st Century Fox, was an American multinational mass media and entertainment conglomerate based in Midtown Manhattan, New York City. It was formed on June 28, 2013, as the legal successor ...

(which took television businesses from the original

News Corporation The original incarnation of News Corporation (abbreviated News Corp. and also variously known as News Corporation Limited) was an American Multinational corporation, multinational mass media corporation founded and controlled by media mogul Ru ...

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 An initial public offering (IPO) or stock launch is a public offering in which shares of a company are sold to institutional investors and usually also to retail (individual) investors. An IPO is typically underwritten by one or more investm ...

as a publicly traded company, trading on the

Hong Kong Stock Exchange The Stock Exchange of Hong Kong (, SEHK, also known as Hong Kong Stock Exchange) is a stock exchange based in Hong Kong. It is one of the largest stock exchanges in Asia and the List of major stock exchanges, 9th largest globally by market ...

(HKSE) with the application being accepted on December 29, 2022, when its was trading on the stock exchange.

Filmography (abridged)

* ''

The Wandering Earth ''The Wandering Earth'' () is a 2019 Chinese science fiction film directed by Frant Gwo, loosely based on the 2000 short story of the same name by Liu Cixin. The film stars Wu Jing, Qu Chuxiao, Li Guangjie, Ng Man-tat, Zhao Jinmai and Qu ...

'' (2019) * ''

Pegasus Pegasus (; ) is a winged horse in Greek mythology, usually depicted as a white stallion. He was sired by Poseidon, in his role as horse-god, and foaled by the Gorgon Medusa. Pegasus was the brother of Chrysaor, both born from Medusa's blood w ...

'' (2019) * ''The Beachbuds'' (2021) * ''

Lost in the Stars ''Lost in the Stars'' is a musical theatre, musical with book and lyrics by Maxwell Anderson and music by Kurt Weill, based on the novel ''Cry, the Beloved Country'' (1948) by Alan Paton. The musical premiered on Broadway theatre, Broadway in 19 ...

'' (2023) * '' Meg 2: The Trench'' (2023)

Investment holdings

Pearl Studio Shanghai Pearl Studio Film and Television Technology Co., Ltd, doing business as Pearl Studio, formerly known as Oriental DreamWorks, the trade name of Shanghai Oriental DreamWorks Film & Television Technology Co., Ltd., is a Chinese animation f ...

(formerly Oriental DreamWorks) *

Warner Bros. Discovery Warner Bros. Discovery, Inc. (WBD) is an American Multinational corporation, multinational mass media and Outline of entertainment, entertainment Conglomerate (company), conglomerate headquartered in New York City. It was formed from WarnerMedi ...

* Flagship Entertainment Group (41%) *

(13%) *

Shaw Brothers Studio Shaw Brothers (HK) Limited () was the largest film production company in Hong Kong, operating from 1925 to 2011. In 1925, three Shaw brothers— Runje, Runme, and Runde—founded Tianyi Film Company (also called "Unique") in Shang ...

(11%) *

Sanrio is a Japanese entertainment company. It designs, licenses, and manufactures products focusing on the ''kawaii'' ("cute") segment of Japanese popular culture. Their products include stationery, school supplies, gifts, and Fashion accessory, a ...

(10%) * THOIP (90%) *

Daewon Media Daewon Media (), formerly Daiwon C&A Holdings, is a South Korean company specializing in character and animation-related business. Founded in 1973, Daewon's subsidiaries include Daewon C.I., Haksan Publishing, and Daewon Broadcasting; it is in ...

(92%) *

Showbox Showbox Co., Ltd. () is a South Korean film distribution and production company. It is one of the largest film distribution companies in South Korea, founded in 1999. Showbox is the film investment, production and distribution branch of Mediap ...

(25.00%) *

Alpha Group Co., Ltd. Alpha Group Co., Ltd. ( zh, s=奥飞娱乐股份有限公司, t=奧飛娛樂股份有限公司, p=Aòfēi Yúlè Gǔfèng Yǒuxiàngōngsī, in short 奥飞娱乐/ 奧飛娛樂/ Aòfēi Yúlè,) is a Chinese Multinational corporation, multinational ...

(99%) *Gravity Pictures

Shareholders

* Alibaba *

Tencent Tencent Holdings Ltd. ( zh, s=腾讯, p=Téngxùn) is a Chinese Multinational corporation, multinational technology Conglomerate (company), conglomerate and holding company headquartered in Shenzhen. It is one of the highest grossing multimed ...

* China Vanke

References

{{Authority control Chinese companies established in 2009 Financial services companies of China Financial services companies established in 2009

History

Filmography (abridged)

Investment holdings

Shareholders

See also

References