Chinese Entertainment Giant CMC Raises $1.5 Billion From Tencent and Alibaba
Firm recently bought newly-launched Pearl Studio, formerly known as Oriental DreamWorks, and has stakes in Imagine, CAA and Warner Bros.’ Flagship Entertainment.
Firm recently bought newly-launched Pearl Studio, formerly known as Oriental DreamWorks, and has stakes in Imagine, CAA and Warner Bros.’ Flagship Entertainment.
Talks with Warner Bros. follow disagreements over strategy with Oriental DreamWorks stakeholder China Media Capital.