Sky News in Chinese content deal
Sky News has announced its second content deal in two days revealing a reciprocal arrangement for Chinese business news with Shanghai Media Group.
The move follows Monday’s announcement of a deal between Sky News and CNN.
Sky News boss Angelos Frangopoulos signed the memorandum of understanding with Li Ruigang, president of Shanghai Media Group in Shanghai.
Frangopoulos said: “The Sky News alliance with Shanghai Media Group will further grow our international reach and relationships in key world markets. We will explore opportunities on news exchange and share our journalism resources on a regular basis with Shanghai Media Group. Each of us operates 24-hour business news channels and our program relationship will place a key emphasis on the exchange of trade and business news.”