Xinhua Sports & Entertainment
| Formerly | Xinhua Finance Media Limited |
|---|---|
| Company type | Public |
| Nasdaq: XSEL (ADS) | |
| Industry | Media |
| Founded | 2005 |
| Defunct | 2011 |
| Fate | liquidated |
| Headquarters |
|
Area served | China |
Key people |
|
| Revenue | US$99.231 million (2009) |
| (US$222.028 million) (2009) | |
| (US$311.575 million) (2009) | |
| Total assets | US$242.559 million (2009) |
| Total equity | (US$26.170 million) (2009) |
| Owner |
|
| Website | XSEL.com |
| Footnotes / references in a consolidated basis | |
| Xinhua Sports & Entertainment Limited | |||
|---|---|---|---|
| Simplified Chinese | 新华悦动传媒有限公司 | ||
| |||
| Xinhua Finance Media Limited | |||
| Simplified Chinese | 新華財經传媒有限公司 | ||
| |||
Xinhua Sports & Entertainment Limited (XSEL) was a Chinese media company which was delisted in 2011, as well as the arrest of top management of the firm. The company was known as Xinhua Finance Media Limited until 2009.
In 2007 the state-owned enterprise Xinhua News Agency even declared that they have no relation with XSEL's parent company Xinhua Finance.
In 2013 Fredy Bush, former CEO was jailed.