china screensThe Chinese media sector may seem an unlikely place to make money, given the government’s approach to censorship, but  Reuters’ George Chen finds the private equity industry is hungry for pre-IPO companies in an area with big potential.  Read Chen’s story: China media sector: A magnet for private equity funds and the factbox about China’s media industry.

Related stories from Reuters include:

Baidu to launch online video site for premium content

China video site PPLive eyes profits in 2010

Microsoft pegs China search market as top priority

More background:

China says 5,394 arrested in Internet porn crackdown (Reuters)

China pushes global channels for media (China Daily)

China regrets over WTO appeal ruling on publication imports (China Daily)

Senior Chinese leader urges better media supervision (Xinhua)