H&R Century Grants Tencent Exclusive Broadcasting Rights to Three TV Series for USD127 Million
Tang Shihua
/SOURCE : Yicai
H&R Century Grants Tencent Exclusive Broadcasting Rights to Three TV Series for USD127 Million

(Yicai Global) Sept. 25 -- An unnamed wholly-owned subsidiary of H&R Century Pictures Co. [SHE:000892] will grant the exclusive broadcast rights to three TV series and internet dramas to Shenzhen Tencent Computer System Co. (Tencent Video) under internet giant Tencent Holdings Ltd. [HK:0700] for USD27 million (CNY840 million).

 The unidentified subsidiary has signed an Exclusive License Contract on Film and Television Programs with Tencent Video for the above copyright cooperation, H&R Century recently said.

 The subsidiary will grant the exclusive broadcasting rights to The Apocalypse, Noble Aspirations 3 (also known as Legend of Chusen) and The Lost Tomb 2, which are to be broadcast beginning next summer.

 The period for the above authorization is six years from the date of their premiere on Tencent Video, H&R Century Pictures said.

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Keywords: TENCENT , Exclusive Broadcasting Rights , Internet Drama , The Apocalypse , Noble Aspirations , The Lost Tomb