Imagine Announces $100M TV Production Venture With China’s TVB

READ ON: Deadline
Brian Grazer and Ron Howard's
Imagine Entertainment has formed a $100M television production co-financing venture with TVB Venture, a subsidiary of Hong Kong-based Television Broadcasts Limited. The deal was orchestrated by CMC Holdings, which not only has a stake in Imagine but also is an investor in Young Lion, TVB's largest shareholder. Under the deal, TVB has invested $100M, which will be used for the development and production of TV projects. Imagine and TVB will…