AOL Time Warner forms joint venture in China

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19 November 2001
32 second read
In Technology
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After sealing a landmark deal to make itself China’s first foreign television broadcaster, AOL Time Warner has formed an alliance with a China-backed conglomerate to invest in media-related projects. AOL is to invest US$20 million — AU$38.52 million — in a new joint venture investment company with Shanghai Industrial Holdings

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