The film and TV studio, backed by Tencent, PCCW, Liberty Media and Madison Wells, has secured at least $100m in equity funding as part of a $700m equity and debt round.

STX Entertainment, the US-based film and television studio backed by internet group Tencent and information and communications technology provider PCCW, has raised $700m in debt and equity financing, Los Angeles Times reported yesterday. Private equity firm Hony Capital and TPG Growth, a subsidiary of private equity group TPG, co-led the round according to an internal…

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