China Literature Limited (Yuewen in Chinese) acquired Tencent Animation and Comics for 600 million yuan ($84 million) on Monday, 11 December 2023. It has been described as a strategic move for China Literature to strengthen its position in the digital content industry. The acquisition covers all related business, film projects, animation, IP rights, and the Tencent Animation … [Read more...] about China Literature Takes Over Tencent Comics in $84 Million Mega-Deal
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