Courtesy of Tang Media Partners
Donald Tang
TMP, Tencent and investment firm China Everbright will work together to acquire 10-20 movies per year for distribution in China.
Tang Media Partners, the parent company of growing mini studio Global Road Entertainment, unveiled a series of major growth initiatives in Hong Kong on Monday.
The company, headed by former investment banker Donald Tang, revealed that it has established a consortium with Chinese internet giant Tencent and investment company China Everbright Limited to acquire 10-20 Hollywood films per year for distribution in China. TMP will manage the consortium's daily operations. The initiative was described as "a key building block for TMP's China distribution business.".....
Read more on The Hollywood Reporter
Read more on The Hollywood Reporter
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