Least likely headline you’ll see this year: Ebook company buys film studio for $2.5 bn

Being the former ebook subsidiary of Tencent has its benefits. Buying your own film studio, for example. But actually China Literature, the former ebook arm of Tencent, didn’t need parental help to secure the deal. After a $1 billion IPO in November 2017 – Tencent’s China Literature IPO the biggest in a decade China Literature … Continue reading Least likely headline you’ll see this year: Ebook company buys film studio for $2.5 bn