Independent Media is a South African multi-platform media company that publishes several influential newspapers, including the daily newspapers Cape Times, Cape Argus, The Star, Pretoria News, and Isolezwe, and operates the news website Independent Online. The company has substantial Chinese state investment through Interacom Investment Holding Limited, which represents China International Television Corporation (中國國際電視總公司), a wholly owned subsidiary of China Central Television that distributes television content, and the China-Africa Development Fund (中非發展基金), an state-run PRC investment fund established in 2007. Founded initially as the Argus Publishing Group with the launch of the Cape Argus in 1857, the company was purchased by the Sekunjalo Independent Media Consortium in August 2013 for 175 US million dollars. The ownership structure includes Sagarmatha Technologies Limited, a subsidiary of the Sekunjalo Group, which holds 55 percent; the Public Investment Corporation, which owns 25 percent; and the Chinese entities, which together have the remaining 20 percent through Interacom.