CONNECT WITH US:
Jan, 15 2019 19:11 JST
Transmit Entertainment Limited
Transmit Entertainment Formed Collaborative Relationship with Artistes, Agents and Scriptwriters
Builds Comprehensive Film and Television Entertainment and Culture Empire
BEIJING, Jan, 15 2019 - (ACN Newswire) - Transmit Entertainment Limited ("Transmit Entertainment" or the "Company", together with its subsidiaries, the "Group"; stock code: 1326) today announced that it has formed collaborative relationship with various artistes, agents and scriptwriters to add to its talent pool and enhance its competitive edge and reputation in the film and television industry across the Greater China region.
At its corporate and business development briefing in Beijing today, with many guests and entertainment celebrities in attendance, the Group hosted a ceremony to kick off its cooperation with various artistes, agents and scriptwriters. The Group also showed projects of its film and television and variety shows, plus explained its future development direction. It believes the strategy will give it new impetus to grow and therefore is conducive to the long-term development of its business.
Ms. Zhao Wenzhu, President and Executive Director of Transmit Entertainment, said, "We are very happy with marking yet another milestone after acquiring Khorgas Houhai Culture Media Company Limited ("Houhai Culture") last year. The latest cooperative partnerships will allow the Group to build on its existing firm foundation and continue diversifying its film and television entertainment cultural business, and, in turn, deliver yet more quality films and television productions to consumers to satisfy their varied entertainment preferences."
"Looking forward, alert to the huge development potential of film and television business in the Greater China region, the Group will continue to look for investment opportunities in quality entertainment projects worldwide and also grasp development opportunities bred by the upgrade in the consumption of entertainment content. Our goal is to build Transmit Entertainment into a leading comprehensive film and television entertainment provider and, ultimately, create long-term value for shareholders."
In August 2018, at RMB450 million, Transmit Entertainment completed the acquisition of Houhai Culture, which has a professional film and television planning and production team expert in content creation. Armed with extensive industry experience and connections in such areas as film and television programme planning, production and distribution, the team is capable of scriptwriting, shooting, post-production, distribution and marketing functions. The strategic acquisition not only gives the Group the Broadcasting And television Program Production And Operation License held by Houhai Culture and therefore access to the huge and potential-rich showbiz sector in mainland China. It also confers on the Group the intellectual property rights of Houhai Culture's variety shows and television series, enabling it to quickly develop into a film and television entertainment provider with a complete industry chain.
About Transmit Entertainment Limited (stock code: 1326)
Transmit Entertainment is a media and entertainment company with a diverse portfolio. Its main businesses include: (i) production, distribution and licensing of variety shows, television series and films; (ii) screening of films; (iii) post-production; and (iv) advertising, marketing and publication. The Group mainly produces Chinese films, television entertainment programs and television drama series for the Hong Kong and Mainland China markets. It also operates five cinemas and one post-production company in Hong Kong. Its subsidiary Houhai Culture has a professional film and television production team particularly adept in producing variety shows and television drama series, from screenwriting, shooting, post-production to distribution and marketing. It also owns copyrights to a large number of television drama series and has been closely cooperating with top-tier broadcast networks and online streaming platforms.
For press enquiries:
Strategic Financial Relations Limited
Vicky Lee Tel: (852) 2864 4834 Email:
Queenie Chan Tel: (852) 2864 4851 Email:
Shirley Wai Tel: (852) 2864 4861 Email:
Fax: (852) 2527 1196
Source: Transmit Entertainment Limited
Sectors: Media, Daily News, FinTech/Chains
Copyright ©2019 ACN Newswire. All rights reserved. A division of Asia Corporate News Network.
Honda Sets All-Time Fiscal Year Records for Automobile Production Worldwide, in Asia and China
Apr 25, 2019 20:02 JST
Mazda Production and Sales Results for March 2019 and for April 2018 through March 2019
Apr 25, 2019 19:51 JST
Biomedical Software Startup BostonGene Secures $50M in Series A Financing from NEC
Apr 25, 2019 15:13 JST
Toyota Strengthens Head Office Research and Development Capabilities with New Facility for Building Ever-better Cars
Apr 25, 2019 13:03 JST
Toyota's TRI-AD, Maxar Technologies and NTT DATA Collaborate to Build High-Definition Maps for Autonomous Vehicles from Space
Apr 25, 2019 11:58 JST
MHPS Receives Order from HAZAMA ANDO CORP. for "MEGAMIE" Hybrid Power Generation System
Apr 25, 2019 11:44 JST
Showa Aluminum Can to Establish Third Production Base in Vietnam and Expand Existing Can End Production Lines
Apr 25, 2019 11:30 JST
Eisai to Present Latest Data on Lemborexant and Perampanel at Annual American Academy of Neurology Meeting
Apr 24, 2019 17:53 JST
NEC Accelerates Services Business Leveraging Network Strengths Under the New Brand "NEC Smart Connectivity"
Apr 24, 2019 13:06 JST
Fujitsu Contributes to Achievement of SDGs, Resolution of Challenges Surrounding Climate Change, Resource Management
Apr 24, 2019 11:44 JST
Hitachi Agrees to Acquire JR Automation, a Robotic System Integrator in the US
Apr 24, 2019 11:28 JST
Eisai Selected as Competitive ICT Strategy Company for 2019
Apr 24, 2019 09:36 JST
Fujitsu Named "Competitive IT Strategy Company" for 2019
Apr 23, 2019 15:58 JST
Hitachi Receives Order for Two Voltage-Sourced Frequency Converters for Chubu Electric Power Higashi Shimizu Substation
Apr 23, 2019 15:43 JST
Showa Denko Starts Service to Measure Performance of Noxious-GHG Removal Equipment
Apr 23, 2019 13:00 JST
Toyota: The Future of Zero-Emission Trucking Takes Another Leap Forward
Apr 23, 2019 09:00 JST
Mitsubishi Shipbuilding Holds Christening Ceremony for Next-Generation LNG Carrier "Diamond Gas Sakura"
Apr 22, 2019 15:10 JST
Network International and JCB enable JCB Contactless acceptance in the United Arab Emirates
Apr 22, 2019 15:00 JST
Toyota Establishes Joint Research Institute with China's Tsinghua University
Apr 22, 2019 11:20 JST
Fujitsu to Introduce Sustainable Ingredients to Employee Cafeterias on Ongoing Basis
Apr 22, 2019 11:08 JST
More Latest Release >>
Transmit Entertainment Turns Around to Profit in 1H FY18/19; Revenue More Than Doubled to HK$395.3 Million
February 27 2019 22:55 JST
Transmit Entertainment Issues Positive Profit Alert
February 11 2019 15:42 JST
More Press release >>