Television Broadcasts Limited 
Flagship Entertainment Group 
China Media Capital 
Chinese media group CMC Inc. is being readied for a share listing in Hong Kong. As its founder Li Ruigang is one of the best-connected media entrepreneurs in Asia, what exactly goes into that mix will have resonance in Hollywood and China.“We are now considering a listing of CMC Inc in the next two years,” Li told the South China Morning Post last week. “We will float our core businesses, but probably not all of the assets. After evaluating our...
China Media Capital
Ruigang
Li
Chairman
Having been hailed as the cleverest man in the room in China’s political hierarchy, in Chinese business circles and in Hollywood, where he has numerous high-level connections, Li has seen some of the shine come off his China Media Capital investment empire in the past year. The two-pronged group ranges from stakes in Imagine Entertainment and Jaunt VR pioneer to CAA China and Manchester City soccer club, so some consolidation or disposals seem in the cards. The dissolution of Oriental Dreamworks in 2018 was a blow, but a $1.5 million capital infusion in July should help. So, too, should the box-office success of “The Meg,” the $150 million giant-shark movie co-produced by Gravity Pictures, a CMC portfolio company, and Warner Bros.
