November 2004
Investment Dealers' Digest;11/29/2004, Vol. 70 Issue 46, p52
Trade Publication
This article presents information related to investment banking in media and entertainment industry in the U.S. China's State Administration of Radio, Film and Television said it is changing its rules to allow foreign media companies to hold minority stakes of up to 49% in TV production efforts there. Nonetheless, investors will still be limited to financing professional broadcasting companies and will remain unable to work without a Chinese partner. Lions Gate Entertainment Corp. is working with Citigroup Inc. in an effort to put itself up for sale and to start its search for a buyer — but its efforts could be hindered by its strong stock performance.


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