News Corp buys into Chinese film group
News Corp buys into Chinese film group Updated: 05:05, Tuesday May 15, 2012 Chinese film distributor Bona Film Group says it has agreed to sell News Corp a 19.9 per cent equity stake in the company.
China agreed on Friday, Feb 17, to open its market to more American movies, in a dramatic Hollywood ending to a week-long visit by China's leader-in-waiting that produced billions of dollars in business deals, Reuters reported.