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Related News ItemsNews Corp to acquire 20 percent of Chinese film distributorTue, 15 May 2012 01:32:13 -0700 BEIJING (Reuters) - News Corp has agreed to buy a stake in Chinese movie distributor Bona Film Group Ltd, becoming the latest U.S. media company to expand into China's booming movie market. News Corp will take a 19.9 percent stake in Bona Film from founder and chief executive Yu Dong, Bona said in a statement. It gave no financial details. The Nasdaq-listed company has a market capitalization of ... Read More... News Corp takes stake in private China film groupTue, 15 May 2012 15:42:48 -0700 US media giant News Corp. has taken a 19.9 percent stake in Bona Film Group, which calls itself the largest privately owned film distributor in China, the firms said. Read More... |