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Chinese Games Firm Shanda Sells Partial SINA Stake for $129.6 Million

Authored by Mark Hefflinger on February 8, 2007 - 11:48am.

Shanghai, China - Shanda Interactive Entertainment, a provider of multiplayer, casual and PC games and other media content in China, announced on Thursday that it has sold part of its stake in Chinese Web portal SINA to Citigroup for about $129.6 million.

tags: Games | Deals | China | SINA | Shanda | Citigroup | Stocks | MMORPG |

Chinese Online Games Firm Shanda Sells Stake in SINA for $99 Million

Authored by Mark Hefflinger on November 7, 2006 - 3:43pm.
Shanghai, China - Chinese online game publisher Shanda Interactive Entertainment announced on Tuesday that it will sell part of its stake in Chinese Web portal SINA to Citigroup Global Markets for $99.1 million.
tags: Games | Deals | Internet | China | SINA | Investing | Asia | Online Games | Portals | Shanda | Stocks |

U.K. Indie Labels License Music to China's SINA.com

Authored by dmw on April 13, 2006 - 4:36pm.
London - The U.K. Association of Independent Music (AIM), a collection of independent record labels, has signed an online distribution agreement with Chinese Web portal SINA.com, the BBC Online reported. The deal -- which will bring no profits to the labels -- will make free streaming music and music video clips available to SINA.com visitors. AIM told the BBC it plans to vet all tracks offered for sex and drug references.
tags: Music Deals | Internet | Licensing | Music | UK | Indie | China | SINA | AIM |