
The China-based corporate has paid more than $100m for a 5% to 10% stake in the film and television producer as part of a partnership agreement.
Chernin acquired a 51% stake in anti-PC sports media brand Barstool Sports, which is now valued at $100m, in 2016.
The photo, video and livestreaming platform is readying a $1bn round led by Tencent that will value it at $18bn in advance of a flotation later this year.
Video recipe platform developer Dely has secured just over $30m from SoftBank, Akatsuki, United and Yahoo Japan, taking its total funding past $60m.
Qihoo 360 Technology has joined forces with Beijing Cultural Center Fund to launch an investment fund aimed at internet and culture-focused companies.
MTG had bought a 75% stake in Trace in 2014 in a deal that valued the media network operator at $54.4m.
Tencent and Globe Telecom were among the investors in a round that reportedly values the publishing platform at almost $400m post-money.