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Fosun goes to Hollywood with Studio 8 investment
Add BT as a preferred sourcePublished Mon, Jun 23, 2014 · 10:00 PM
[SHANGHAI] Conglomerate Fosun International said yesterday that it would take a stake in new US media company Studio 8, marking a rare investment by a Chinese firm in Hollywood.
The deal was signed on June 6, Shanghai-based Fosun said in a statement, without giving the size of the stake or the price paid.
Studio 8 was founded by Jeff Robinov, a Warner Bros executive for 17 years.
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