New Classics Media


Tencent e-books unit acquires film and TV studio for US$2.25bn

China Literature Limited, the publically listed e-books unit of Tencent holdings, is set to acquire film and TV studio New Classics Media (NCM) for US$2.25 billion. NCM is a renowned TV series, web series and film producer in China with a track record of creating popular content from The First Half of My Life (pictured) to Yu Zui. […]