Recently, Motion Magic, a digital content provider and service provider, announced that it has completed Series A financing of RMB 60 million. This financing was led by ANTS Capital and Meridian Capital followed. Motion Magic originally was a wholly-owned subsidiary of Shanghai Media Group Co., Ltd. (hereinafter referred to as "SMG"). The company's equity structure has been further enriched by the introduction of institutional investors through this financing.
Motion Magic is a China leading digital entertainment content provider and service provider. It is an important film and television multimedia creative production base under SMG and has provided full-scale post-production service for variety programs such as Extreme Challenge, Keep Running, and Swordsman. It also participated in the production of the Shanghai World Expo application promotion film, Shanghai image film of the City of Innovation and the official production of Shanghai special programs such as "Welcome to the Nineteenth National Congress today."
As the legal advisor of Motion Magic, Llinks provided legal services for Digital Magic's A round of financing.
