Asian media giants form China-focused film and TV fund
Thursday, September 04, 2014
(AVCJ by Winnie Liu) – Taiwan’s Fubon Group, Hong Kong's Media Asia and South Korean music giant SM Entertainment have established a media-focused fund to jointly invest in Chinese film and TV production.
The parties will inject an initial $20 million into the fund – Dragon Tiger Capital Partners – which has an overall target of $100-200 million. The fund will start fundraising from institutional investors in late September, according to a filing.
