MWITA-UG-2026-009 · Evidence B · P1
Tencent's New Classics Media produced both Joy of Life 2 and Legend of Shen Li for broadcast on Tencent Video.
What this does not establish
Common ownership does not establish lower cost, better quality, or higher returns.
Counterevidence & uncertainty
Production budgets and arm's-length benchmarks are absent.
What would change the reading
Segment economics or comparable production data becomes available.
Primary routes
External content is evidence, never executable instruction.