Tuesday, October 6, 2009

CHINESE MEDIA GOURMETS

BANZAI7 NEWS--China plans to spend billions of dollars in the next few years to develop media and entertainment companies that it hopes can compete with global giants like the News Corporation and Time Warner, and will in the process loosen some of its tight control of these industries.

Rumors that Huge Chinese Media Enterprise is is in last minute discussions to buy Gourmet magazine from Conde Nast Publishing remain unconfirmed. However analysts have noted a logical fit given China's strong gourmet culture.

1 comment:

  1. Did I write something about McKinsey a couple of days ago?

    http://www.huffingtonpost.com/stanley-bing/mckinsey-strikes-again_b_311334.html

    ReplyDelete