You will be redirected back to your article in seconds

Xinhua invests in All Sports Network

Deal gives XFM 16% stake in Yes TV channel

HONG KONG — NASDAQ-listed Chinese media group Xinhua Finance Media has invested $2 million in All Sports Network, the new TV sports channel currently being launched by Yes TV.

Deal, which gives XFM a 16% stake in the net, follows an exclusive agreement signed last month for Xinhua to be its exclusive distributor in China via mobile, television, Internet and radio.

ASN is set to carry a mix of American sport programming including National Hockey League, National Football League and NCAA basketball. Yes TV is also in the process of signing carriage agreements for ASN in Hong Kong and Taiwan.

More TV

  • Fox News

    After Shareholder Complaints, 21st Century Fox Sets Workplace Council at Fox News

    HONG KONG — NASDAQ-listed Chinese media group Xinhua Finance Media has invested $2 million in All Sports Network, the new TV sports channel currently being launched by Yes TV. Deal, which gives XFM a 16% stake in the net, follows an exclusive agreement signed last month for Xinhua to be its exclusive distributor in China […]

  • American Music Awards Alessia Cara

    American Music Awards: What You Didn't See on TV

    HONG KONG — NASDAQ-listed Chinese media group Xinhua Finance Media has invested $2 million in All Sports Network, the new TV sports channel currently being launched by Yes TV. Deal, which gives XFM a 16% stake in the net, follows an exclusive agreement signed last month for Xinhua to be its exclusive distributor in China […]

  • The L Word

    'The L Word' Sequel Series Taps Marja-Lewis Ryan as Showrunner

    HONG KONG — NASDAQ-listed Chinese media group Xinhua Finance Media has invested $2 million in All Sports Network, the new TV sports channel currently being launched by Yes TV. Deal, which gives XFM a 16% stake in the net, follows an exclusive agreement signed last month for Xinhua to be its exclusive distributor in China […]

  • Marvel's Runaways

    Our Staff Picks: TV Shows to Watch the Week of Nov. 20, 2017

    HONG KONG — NASDAQ-listed Chinese media group Xinhua Finance Media has invested $2 million in All Sports Network, the new TV sports channel currently being launched by Yes TV. Deal, which gives XFM a 16% stake in the net, follows an exclusive agreement signed last month for Xinhua to be its exclusive distributor in China […]

  • Della Reese dead

    Della Reese, 'Touched by an Angel' Star and R&B Singer, Dies at 86

    HONG KONG — NASDAQ-listed Chinese media group Xinhua Finance Media has invested $2 million in All Sports Network, the new TV sports channel currently being launched by Yes TV. Deal, which gives XFM a 16% stake in the net, follows an exclusive agreement signed last month for Xinhua to be its exclusive distributor in China […]

  • Adolfo Lagos Televisa Executive Murdered

    Televisa Executive Adolfo Lagos Killed Near Mexico City

    HONG KONG — NASDAQ-listed Chinese media group Xinhua Finance Media has invested $2 million in All Sports Network, the new TV sports channel currently being launched by Yes TV. Deal, which gives XFM a 16% stake in the net, follows an exclusive agreement signed last month for Xinhua to be its exclusive distributor in China […]

More From Our Brands

Access exclusive content