BEIJING, Aug.

BEIJING, July 19 /PRNewswire-Asia-FirstCall/ -- Xinhua Sports & Entertainment Limited ("XSEL" or "the Company") (Nasdaq: XSEL), a leading media group in China, announced today that it filed its annual report on Form 20-F for the fiscal year ended December 31, 2009 with the U.S.

BEIJING, July 14 /PRNewswire-Asia-FirstCall/ -- Xinhua Sports & Entertainment Limited (Nasdaq: XSEL), announced today that it has entered into an agreement (the "Amendment") to restructure the terms of its secured convertible loan facility with affiliates of Patriarch Partners LLC ("Patriarch"), a global investment firm based in New York.

BEIJING, May 19 /PRNewswire-Asia-FirstCall/ -- Xinhua Sports & Entertainment Limited ("XSEL" or the "Company"; Nasdaq: XSEL), a leading media group in China, has entered into an agreement to sell the entirety of its equity interest in two of its print advertising companies, Beijing JinGuan XinCheng Advertising Co., Ltd and Beijing Jingshijinguan Co., Ltd, to an independent, non-affiliated purchaser. "This transaction will provide the Company with significant capital which we believe will go a long way towards addressing the Company's liquidity issues and improving the Company's balance sheet.

BEIJING, May 10 /PRNewswire-Asia-FirstCall/ -- Xinhua Sports & Entertainment Limited (the "Company" or "XSEL") (Nasdaq: XSEL), a leading sports and entertainment group in China, today announced its unaudited financial results for the fourth quarter and full year ended December 31, 2009. Fourth Quarter 2009 Highlights -- Net revenue was $26.7 million (excluding discontinued operations) -- Adjusted EBITDA (non-GAAP) was $(6.7) million -- Adjusted net loss (non-GAAP) was $7.0 million -- Net loss attributable to XSEL (GAAP) was $295.7 million -- The Company recorded exceptional items from continuing operations and discontinued operations of $185.1 million and $98.2 million respectively Full Year 2009 Highlights -- Net revenue was $99.2 million (excluding discontinued operations) -- Adjusted EBITDA (non-GAAP) was $4.9 million -- Adjusted net income (non-GAAP) was $0.1 million -- Net loss attributable to XSEL (GAAP) was $311.6