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China’s Tencent acquires minority stake in Skydance Media

Read on: ENTERTAINMENT - Los Angeles Times

Shenzhen-based social media giant Tencent Holdings has acquired a minority stake in Los Angeles-based production company Skydance Media, the companies said Thursday, in a move that bucks the recent trend of Chinese companies avoiding Hollywood investments.

Tencent, which owns social apps such as...

Author Ryan FaughnderPosted on January 25, 2018Categories LA Times

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