Discovery Communications' former CFO Andrew Warren and former Paramount Pictures and Condé Nast communications head Patricia Röckenwagner later also joined. The company has multiple divisions: film (STXfilms), which includes animation and family content; television (STXtelevision), which includes scripted and unscripted content; and digital media (STXdigital); along with an international partnership and distribution arm headquartered in London (STXinternational). In 2016, the company received additional investment from Chinese Internet company Tencent and Hong Kong-based telecommunications company PCCW, and East West Bank's chairman and CEO Dominic Ng. In 2017, the world's largest international television and broadband company Liberty Global invested an undisclosed amount in the company. Funds from that round of financing will be used to continue to build STX Entertainment's TV division, further expand internationally and potentially make acquisitions. In March 2019, STX raised $700 million in new capital, in a round led by TPG Growth and Hony Capital, to help STX release more films, expand its TV business, and pursue acquisitions. STX Entertainment's Board of Directors is composed of investors and industry veterans including: Simonds, David Bonderman (founding partner of TPG Capital), John Zhao (CEO of Hony Capital), Gigi Pritzker (founder of MWM Studios), Janice Lee (managing director of PCCW Media Group), Tracy Cui (managing director of Hony Capital), Frank Biondi (former president and CEO of Viacom and former chairman and CEO of Universal Studios; senior managing director of WaterView Advisors), Dominic Ng (chairman and CEO of East West Bank), Carmen Chang (chairman of New Enterprise Associates), and Bruce Mann (chief programming officer of Liberty Global). STXfilms When STX was launched the film division of the company focused its efforts on creating a new model. Rather than pursuing the traditional distribution process the company secured direct distribution agreements with North American theater chains AMC, Regal, Cinemark, Goodrich, Marcus Theatres, and Carmike Cinemas. In early 2015, the company signed a multi-year television output agreement to release films exclusively to Showtime Networks and its multiplex channels Showtime, TMC and Flix, covering STX theatrical releases through 2019. In April 2015, the company entered a multi-year partnership with Universal Studios Home Entertainment for Universal to handle marketing, sales and distribution services for Blu-ray, DVD and VOD platforms for STX theatrical titles in North America. That same month, STXfilms closed a three-year slate deal with Huayi Brothers, one of China's largest film studios, enabling the companies to co-produce and co-distribute 12 to 15 films annually. In