News

Chinese streaming giant Tencent has inked a deal with France-based Animation Digital Network (ADN) for its martial arts epic “Blades of the Guardians,” Variety has learned. The agreement gives ADN ...
Tencent subsidiary China Literature, China's dominant online publishing and e-book company, has bought Tencent Animation and Comics (TAC) for 600 million yuan (US$83.6 million).
Tencent Holdings, China's largest social media and video gaming company, has offloaded its loss-making animation and comics business to a subsidiary as China's most valuable tech giant continues ...
China Literature Limited (Yuewen in Chinese) acquired Tencent Animation and Comics for 600 million yuan ($84 million) on Monday, 11 December 2023. It has been described as a strategic move for ...
The 2022 annual press conference for animation published by Chinese video platform Tencent was held on Monday, issuing a list of 100 to-be-released animation works covering seven themes including ...
Jointly undertaken by China, the US and France, "Arcane Season 2" achieved seven wins in February at the 52nd Annie Awards, ...
China Literature said that Tencent Animation and Comics generated 484.5 million yuan in revenue for the 12 months through September, with a book value of 442 million yuan.
Tencent has sold one of its app stores to livestream platform operator Huya, whom Tencent became the largest stakeholder in back in 2020 with a 50.1% stake.Following Huya's purchase of the store, its ...
Tencent has offloaded its loss-making animation and comics business to its China Literature subsidiary as the country’s largest social media and video gaming company slashes more noncore operations.
Key Takeaways: China Literature’s acquisition of Tencent’s comics and animation unit brings all of the latter’s long-form print and filmed entertainment assets under one roof ...