Tencent spinoff China Literature to buy New Classics Media for $2.2B in content consolidation play - TechCrunch

Tencent spinoff China Literature to buy New Classics Media for $2.2B in content consolidation play TechCrunch China Literature had already been working with third parties to produce video based on its written work, and NCM had been sourcing original content from third parties as the basis of its video, so this will essentially cut out the middle man for both ... and more »

source http://news.google.com/news/url?sa=t&fd=R&ct2=us&usg=AFQjCNH6nVGnd08Clzw4Pya16jn3MPvs4A&clid=c3a7d30bb8a4878e06b80cf16b898331&cid=52780001922565&ei=7iRyW5CtC4Ta3gH2p5XABg&url=https://techcrunch.com/2018/08/13/tencent-spinoff-china-literature-to-buy-new-classics-media-for-2-2b-in-content-consolidation-play/