21st Century Fox, which is owned by Rupert Murdoch, has sold its 47 percent stake in the Chinese television company, Star China TV.
21st Century Fox had owned a majority stake in the television firm, but sold that in 2010 to China Media Capital.
The deal is interpreted as a move away from China for the Murdoch empire.
According to the BBC, Murdoch met his former wife Wendy Deng in 1999 while she was working for Star China TV.
The company operates three Mandarin-language television stations.
Ruigang Li, Chairman of China Media Capital, will now take full control of the television company.