Mar 01, 2019 DMG compensates competitively and provides its employees with an innovative and rewarding work environment shaping the media and entertainment space of the 21 st century. DMG prides itself on good corporate citizenship with solid integrity.
DMG is the Chinese investment firm that put so much money behind Valiant Entertainment that the New York publishers were able to develop TV shows and movies based on Valiant characters naming the likes of the Russo Brothers. They also got a slate of projects lined up with Sony and the like. In the end,.But some people are a little worried about the firm, its performance, and the people behind it.It is common for big Chinese firms to be connected to the Chinese government and the ruling party organisation through their executives.
It’s the kind of thing that worries some countries — when their firms do business with China, the Chinese government is involved to a far greater level.Peter Xiao Wenge, Chairman and controlling shareholder of DMG, has close ties to the People’s Liberation Army of China. He also owes a and.Earlier this year it was noted that but that there had been no dealing in them for a considerable time.It was also, DMG was the seventh most troubled.See the listing for 002143: CH (or SZ) —Then this month, on July 9th,. Now, shares in Chinese firms can only fall so much on a daily basis before the stock is suspended for the day, and that amount is 10%.Trading was halted at 9:31 p.m.
EST (after one minute of China trading hours) due to a 10% share price drop.On July 10th, DMG Entertainment stock hit its drop limit again, after only one minute of trading. — 10% a day counted compoundly. It has now almost halved in price.Although the last day’s trading drop was only 9.94%, and they’re worried.As stated, this is not just a DMG problem. The Chinese stock market has been in trouble for a while. But to place seventh on that list may raise some eyebrows.No wonder Valiant has been announcing the Faith film that was arranged a while back, re-announcing the Quantum & Woody TV show — could mentioning that the Russo Brothers worked significantly on the upcoming X-O Manowar movie project (before jumping off) be worthwhile at this juncture? With Robert Downey Jr. Getting older, a focus on the industry’s best Iron Man-wannabe project created by some of Iron Man’s best comic creators may be in orderUPDATE: Valiant has sought to assure me that the DMG that owns Valiant is separate from the DMG quoted on the Chinese stock exchange and that worries are groundless.
However, that separation was not evident when DMG first invested in Valiant.
Gene Maddaus at the Chinese investors behind Valiant Entertainment. Fenton left DMG in February last year has held the position of Senior Advisor at IDW since December.Before that, he was an agent at William Morris and was President of DMG Entertainment Motion Picture Group & General Manager of DMG North America. Where, he was busy ‘orchestrating, internationally, the creative and business activities of DMG – a multi-billion-dollar global media company headquartered in Beijing and publicly traded on the Shenzhen Exchange. Specifically, Fenton supervised the development, financing, production, marketing, and distribution of DMG’s globally-focused entertainment content.
In addition, he managed DMG’s vast library of intellectual property as well as directed the M&A and strategic investment usage of DMG’s capital resources.