Latest in CMC

Chinese state-backed media group CMC, the prominent local and international media and entertainment financier, says it has raised 10B RMB ($1.5B) in a fundraising round from investors including Alibaba and Tencent. The new investment brings the firm’s valuation to around 400B RMB ($60B), it says. The A-round…

Cinesite Studios has entered into a partnership with the Harold Lloyd Estate and Comic Animations to adapt Lloyd's films into a series of animated features. The legendary actor and filmmaker made nearly 200 movies between 1914 and 1947, pioneering thrill sequences and stunts, and ranking with Charlie Chaplin and…