China's Shanda in $88 mln JV to produce&n
发布时间:2010-08-06 16:56:10
摘 要:Chinese media firm Shanda Interactive Entertainment (SNDA.O) said its unit will set up a joint venture with a Chinese television company with an investment of 600 million yuan ($88 million) to produce and distribute movies.
Chinese media firm Shanda Interactive Entertainment (SNDA.O) said its unit will set up a joint venture with a Chinese television company with an investment of 600 million yuan ($88 million) to produce and distribute movies.
Shanda said in a statement on Thursday the firm and its partner, Hunan Broadcasting and Television Group, intend to remake a television series and produce a movie as its first projects.
In September, Shanda spun off its games unit, Shanda Games, (GAME.O) to focus on growing the parent company into a full-fledged media entertainment firm.
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