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Happigo Secures CSRC Approval to Acquire Five Hunan Broadcasting Businesses
Happigo, 6/22/18
TV and online shopping channel operator Happigo Home Shopping (300413.SZ), a subsidiary of Hunan Broadcasting System (HBS) company Mango Media, recently announced that the China Securities Regulatory Commission has approved its major asset restructuring and RMB 2 bln fundraising program, under which it will acquire five HBS subsidiaries including Kuaile Yangguang Interactive Entertainment Media (Mango TV), online and mobile game developer Mango Interactive Technology, TV production firm EE-Media, film studio Mango Studios, and entertainment content developer Mango Entertainment for a total of RMB 11.5 bln. Read More
Rumor: Mango Media Appoints New President
Caixin.com, 5/11/12
An industry source revealed recently that Ouyang Changlin, director of Hunan Broadcasting System (HBS), will retire at the end of this year, after which he will be replaced as chairman of HBS's new media and TV production subsidiary Mango Media by Chen Gang, who will also serve as the company's Party secretary. Read More
Rumor: Shanda, GBS JV CEO Resigns
Sina Tech, 1/05/11
Long Danni, president of Shineshow (Huaying Shengshi), Shanda's joint venture with Hunan Broadcasting System predecessor Golden Eagle Broadcasting System (GBS), has reportedly decided to step down. Read More
Rumor: Shanda to Invest USD 100 Mln in JV with GBS
Njnews.cn, 11/09/09
An informed source said yesterday that Chinese internet company Shanda Interactive (Nasdaq: SNDA) will invest USD 100 mln to establish a new entertainment JV with Golden Eagle Broadcasting System (GBS), partnering with the Hunan-based media company on music and video offerings. Read More
Hunan TV & Broadcasting Intermediary Stops Restructuring
China Business News, 10/21/08
Yesterday, the Hunan TV & Broadcast Intermediary (000917.SZ) stopped its major asset restructuring. Read More
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