China Media Capital (Chinese: 华人文化) is a private equity firm specializing in growth capital, mid venture, late venture, emerging growth, corporate restructuring, management buyouts, and mergers & acquisitions.
The firm prefers to invest in the cultural, technology, media, entertainment, consumer, medical treatment, and telecommunication sectors.
[2][3][4] Xing Kong (both domestic and international versions) and Channel V Mainland China, plus Fortune Star film library were in the sale,[2][3][4] and a joint venture named Star China Media was created in the process.
In January 2014, the company's management team and CMC acquired the remaining stake from 21st Century Fox (which took television businesses from the original News Corporation in the 2013 split).
[5][6][7] This marked 21st Century Fox's exit from Mandarin entertainment television market in Mainland China.