China-focused Phoenix gets $25 mln from Intel Bertelsmann

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09 November 2009 3:23 AM ( 132 days ago)
HONG KONG, Nov 9 - The new media arm of Phoenix Satellite Television, one of the few independent broadcasters in China, said on Monday it has received a $25 million investment from a group, including units of Intel and Bertelsmann. Phoenix New Media, which was founded in 2005, will receive t...
independent broadcasters
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