Shanghai-based investment fund China Media Capital (CMC) purchased a stake in Beijing-based business media entity Caixin Media Company Ltd from Zhebao Media Holding Group Co Ltd for an undisclosed amount.
Tags: Time Warner Inc
New York City Approves Time Warner Cable Acquisition, Arises Concerns
In a Wednesday's public meeting, Franchise and Concession Review Committee of New York City approve the acquisition. The merger will create the second-largest cable operator in the United States, which raised a concern.
Mad Max Players Beware: Mission Bug may Result to Losing Progress
An outrage swarms Mad Max forum when it was observed that the game has a mission bug which forces players to start all over again.
Batman saves the day for Warner Bros: Q2 game revenue 135% higher
Thanks to Batman: Arkham City and Mortal Kombat X as game revenues for Warner Bros. goes up by 135% in the year's second quarter. These two video games provided huge returns for Warner Bros. Interactive Entertainment.
How Verizon angers ESPN, Comcast Corporation, and others? Big red shaking things up
Verizon’s FiOS service that gives customers a $55/month package of 45 base channels, plus others, is said to have angered Disney, 21st Century Fox, and NBCUniversal. This is because Verizon’s Custom TV allows customers the option to not to buy sports channels, which greatly affects the billion-dollar profiting system of some companies with sports channels.
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Time Warner Inc moved another step closer to spinning off its magazine assets as Time Inc, the publisher of People, Fortune and the eponymous newsweekly Time, filed with regulators on Friday to list itself as a standalone company.
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