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Hyundai, MBC Form Equity Fund for TV Series

2006/05/19 Source

Hyundai Securities and broadcast network MBC will jointly create a private equity fund for investment in a joint TV series with China.

A Hyundai source on Friday said the fund will go into a series that MBC and Chinese partner E&B Stars will co-produce by year's end for distribution in South Korea and China, Taiwan and other nations with large ethnic Chinese populations.

The series is expected to generate a stable and high return on investment given E&B's experience in producing and distributing TV shows in China.

Reported by KBS WORLD Radio

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