PCCW’s OTT business gains $110m investment
PCCW Media has raised US$110 million from Hony Capital, Foxconn and Temasek, who become investors of its international OTT services, including Viu. The investment hands the investors around 18% of shares in PPC unit PCCW OTT, which will use the cash on production of original content, and further allow the company to build and develop […]