China Networks International (CNWHF) 20-F 29 Apr 16 2015 FY Annual report (foreign) Financial data

Document and Entity Information

Document and Entity Information	12 Months Ended
	Dec. 31, 2015shares
Document and Entity Information [Abstract]
Entity Registrant Name	China Networks International Holdings Ltd
Entity Central Index Key	1,443,979
Document Type	20-F
Document Period End Date	Dec. 31, 2015
Amendment Flag	false
Document Fiscal Year Focus	2,015
Document Fiscal Period Focus	FY
Current Fiscal Year End Date	--12-31
Entity Well-Known Seasoned Issuer	No
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Filer Category	Non-accelerated Filer
Entity Common Stock, Shares Outstanding	83,158,778

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($)	Dec. 31, 2015	Dec. 31, 2014
CURRENT ASSETS
Cash	$ 183,097	$ 304,955
TOTAL ASSETS	183,097	304,955
CURRENT LIABILITIES
Other payable	1,169,513	935,038
Accrued liabilities	15,915	28,830
Due to related parties	59,750	59,750
Payable to TV station	1,207,773	1,281,133
TOTAL LIABILITIES	2,452,951	2,304,751
China Networks International Holdings, Ltd. equity:
Class A Preferred Shares at $0.0005 par value; (50,000,000 shares authorized, 4,689,506 shares issued and outstanding at December 31, 2015 and 2014; liquidation preference of $4,689,506)	2,345	2,345
Common stock at $0.0001 par value; (500,000,000 shares authorized, 83,158,778 shares issued and outstanding at December 31, 2015, and 83,158,778 shares issued at December 31, 2014)	8,318	8,318
Additional paid-in capital	26,124,907	26,124,907
Accumulated deficit	(30,497,901)	(30,155,935)
Accumulated other comprehensive income	1,012,914	941,006
Total shareholders' equity	(3,349,417)	(3,079,359)
Non-controlling interest	1,079,563	1,079,563
Total equity	(2,269,854)	(1,999,796)
TOTAL LIABILITIES AND EQUITY	$ 183,097	$ 304,955

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - USD ($)	Dec. 31, 2015	Dec. 31, 2014
Statement Of Financial Position [Abstract]
Class A Preferred Shares, par value	$ 0.0005	$ 0.0005
Class A Preferred Shares, shares authorized	50,000,000	50,000,000
Class A Preferred Shares, shares issued	4,689,506	4,689,506
Class A Preferred Shares, shares outstanding	4,689,506	4,689,506
Class A Preferred Shares, liquidation preference	$ 4,689,506	$ 4,689,506
Common stock, par value	$ 0.0001	$ 0.0001
Common stock, shares authorized	500,000,000	500,000,000
Common stock, shares issued	83,158,778	83,158,778
Common stock, shares outstanding	83,158,778

Consolidated Statements of Oper

Consolidated Statements of Operations and Comprehensive Loss - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
OPERATING EXPENSES
General and administrative expense	$ 107,988	$ 285,783	$ 530,998
Total operating expenses	107,988	285,783	530,998
LOSS FROM OPERATIONS	(107,988)	(285,783)	(530,998)
OTHER INCOME/(EXPENSE)
Interest income	497	1,110	2,530
Total other income/(expense)	$ 497	$ 1,110	2,530
INCOME TAX
NET LOSS	$ (107,491)	$ (284,673)	(528,468)
Less: Net loss/(income) attributable to the non-controlling interest			14,037
NET LOSS ATTRIBUTABLE TO CHINA NETWORKS INTERNATIONAL HOLDINGS, LTD.	$ (107,491)	$ (284,673)	(514,431)
Dividend on preferred stock	(234,475)	(234,475)	(85,234)
OTHER COMPREHENSIVE INCOME
Foreign currency translation adjustment	71,908	(119,072)	97,921
COMPREHENSIVE LOSS	$ (270,058)	$ (638,220)	$ (501,744)
Basic and diluted loss per common share	$ (0.003)	$ (0.008)	$ (0.01)
Weighted average shares outstanding	83,173,778	83,173,778	83,109,978

Consolidated Statements of Chan

Consolidated Statements of Changes in Stockholders' Deficit - USD ($)	Total	Preferred Stock	Common Stock	Additional Paid-in capital	Accumulated Deficit	Accumulated Other Comprehensive (Loss)/Income	Non-controlling Interest
Balance at Dec. 31, 2012	$ 143,678	$ 2,845	$ 8,318	$ 27,124,407	$ (29,037,122)	$ 962,157	$ 1,083,073
Balance, Shares at Dec. 31, 2012		5,689,503	83,109,978
Early redemption of preferred stock	(1,000,000)	$ (500)		$ (999,500)
Early redemption of preferred stock, Shares		(1,000,000)
Foreign currency translation adjustment	108,448					$ 97,921	$ 10,527
Dividend on preferred stock	(85,234)				$ (85,234)
Net loss	(528,468)				(514,431)		$ (14,037)
Balance at Dec. 31, 2013	(1,361,576)	$ 2,345	$ 8,318	$ 26,124,907	$ (29,636,787)	$ 1,060,078	$ 1,079,563
Balance, Shares at Dec. 31, 2013		4,689,503	83,109,978
Foreign currency translation adjustment	(119,072)					$ (119,072)
Cancellation of put option, Shares			(30,000)
Reversal of cancellation of shares, Shares			78,800
Dividend on preferred stock	(234,475)				$ (234,475)
Net loss	(284,673)				(284,673)
Balance at Dec. 31, 2014	(1,999,796)	$ 2,345	$ 8,318	$ 26,124,907	$ (30,155,935)	$ 941,006	$ 1,079,563
Balance, Shares at Dec. 31, 2014		4,689,503	83,158,778
Foreign currency translation adjustment	$ 71,908					$ 71,908
Cancellation of put option
Cancellation of put option, Shares
Reversal of cancellation of shares
Reversal of cancellation of shares, Shares
Dividend on preferred stock	$ (234,475)				$ (234,475)
Net loss	(107,491)				(107,491)
Balance at Dec. 31, 2015	$ (2,269,854)	$ 2,345	$ 8,318	$ 26,124,907	$ (30,497,901)	$ 1,012,914	$ 1,079,563
Balance, Shares at Dec. 31, 2015		4,689,503	83,158,778

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
CASH FLOWS FROM OPERATING ACTIVITIES
Net (loss)/income from continuing operations	$ (107,491)	$ (284,673)	$ (528,468)
Adjustments to reconcile net (loss)/income from operations to net cash (used in)/ provided by operating activities
Depreciation and amortization		373	$ 5,264
Impairment loss on receivables		83,410
Write off of property and equipment		$ 3,384
Accrued dividend			$ 85,233
Changes in assets and liabilities
Other receivable and prepaid expense			(56,696)
Accrued liabilities	$ (14,024)	$ (168,720)	(93,774)
Net cash (used in)/provided by operating activities	$ (121,515)	(366,226)	$ (588,441)
CASH FLOWS FROM INVESTING ACTIVITIES
Purchase of fixed assets		$ (882)
Net proceeds from disposal of subsidiaries			$ 111,368
Net cash (used in)/provided by investing activities		$ (882)	111,368
CASH FLOWS FROM FINANCING ACTIVITIES
Redemption of Preferred Stock			(1,000,000)
Net cash used in financing activities			(1,000,000)
NET INCREASE/(DECREASE) IN CASH	$ (121,515)	$ (367,108)	(1,477,073)
EXCHANGE RATE EFFECT ON CASH	(343)	8,985	22,420
CASH - BEGINNING OF PERIOD	304,955	663,078	2,117,731
CASH - END OF PERIOD	$ 183,097	$ 304,955	$ 663,078

Organization

Organization	12 Months Ended
	Dec. 31, 2015
Organization [Abstract]
ORGANIZATION	NOTE 1 – ORGANIZATION China Networks International Holdings, Ltd. (“CNIH” or the “Company”) was incorporated in Delaware on August 16, 2006 as Alyst Acquisition Corp. (“Alyst”) in order to serve as a vehicle for the acquisition of an operating business in any industry, with a focus on the telecommunications industry, through a merger, capital stock exchange, asset acquisition or other similar business combination. Alyst’s initial shareholders purchased 1,750,000 shares of common stock, par value $0.0001 per share (“Common Stock”), in a private placement. On July 5, 2007, Alyst consummated its initial public offering (“IPO”) of 8,044,400 of its units (“Units”). Each Unit consisted of one share of Common Stock and one warrant to purchase one share of Common Stock at an exercise price of $5.00 per share. Simultaneously with the consummation of the IPO, Alyst consummated a private placement of 1,820,000 warrants, each warrant entitled upon exercise to one share of Common Stock at an exercise prices of $5.00 per share. On June 24, 2009, Alyst announced that Alyst's stockholders approved its proposed redomestication to the British Virgin Islands (“BVI”) and its proposed business combination with China Networks Media, Ltd., a British Virgin Islands company (“China Networks”). Alyst redomesticated to the British Virgin Islands through a merger with its wholly-owned subsidiary, CNIH, effective June 24, 2009, with CNIH as the surviving entity. With effect from June 26, 2009, the business combination among Alyst, CNIH, China Networks and its shareholders, was approved by regulators in the BVI and, thereafter, was consummated on June 29, 2009. Upon consummation of the Business Combination, CNIH had outstanding 12,927,888 ordinary shares, par value $0.0001 per share, 9,864,400 warrants, and an IPO Underwriters’ Purchase Option for 300,000 units, each unit containing one ordinary share and one warrant. As the result of consummation of the business combination, China Networks’ common and preferred shares were converted automatically into 9,422,760 CNIH common shares; therefore China Networks shareholders own approximately 73% of voting equity interests of CNIH. The business combination is considered a reverse acquisition with China Networks as the accounting acquirer. As such, the historical financial information presented herein prior to June 29, 2009 relates to the financial position and results of operations of China Networks. Through the business combination, China Networks acquired from Alyst net assets with a fair value of $1,566,492, in which $1,449,122 are in cash. China Networks was formed to provide broadcast television advertising services in the People’s Republic of China (PRC) operating via joint venture partnerships with PRC state-owned television broadcasters (PRC TV Stations). The Company commenced operations on October 1, 2008. Activity through September 30, 2008 related to the Company’s formation, private placement offering, establishment of joint ventures and contractual relationships in the PRC, and business combination with Alyst. The Company has selected December 31 as its fiscal year end. The Company does not directly or indirectly have an equity interest in Beijing Guangwang Hetong Advertising & Media Co., Ltd., (Hetong), however Advertising Networks Ltd., (ANT), a limited liability company incorporated in Hong Kong on November 21, 2007, is a wholly owned subsidiary of China Networks, has entered into a series of contractual arrangements with Hetong and its shareholders. As a result of the following contractual arrangements, the Company controls and is considered the primary beneficiary of Hetong. These arrangements include the following: ● The stockholders of Hetong have jointly granted ANT an exclusive and irrevocable option to purchase all or part of their equity interests in Hetong at any time, and this option may only be terminated by mutual consent or at the direction of ANT. ● Without ANT’s consent, the stockholders of Hetong may not (i) transfer or pledge their equity interests in Hetong, (ii) receive any dividends, loan interest or other benefits from Hetong, or (iii) make any material adjustment or change to Hetong’s business or operations. ● The stockholders of Hetong agreed to (i) accept the policies and guidelines furnished by ANT with respect to the hiring and dismissal of employees, or the operational management and financial system of Hetong, and (ii) appoint the candidates recommended by ANT as directors of Hetong. ● Each stockholder of Hetong has appointed ANT’s designee as their attorneys-in-fact to exercise all its voting rights as stockholders of Hetong, until 2037. Each stockholder of Hetong has pledged all of its respective equity interests in Hetong to Guangwang Tonghe Technology Consulting (Beijing) Co. Ltd., (WFOE), a wholly-owned subsidiary of ANT in the PRC, to secure the payment obligations of Hetong under certain contractual arrangements between Hetong and WFOE. This pledge is effective until the later of the (i) date on which the last surviving of the Exclusive Service Agreements, the Loan Agreement and the Equity Option Agreement terminates and (ii) date on which all outstanding secured obligations are paid in full or otherwise satisfied. Each of these agreements are subject to customary termination provisions; however, the WFOE may terminate the Exclusive Services Agreement at any time upon 30 days’ notice to Hetong. The accompanying financial statements include the accounts of CNIH, China Networks and its wholly owned subsidiary Advertising Networks Ltd. (“ANT”) and Guangwang Tonghe Technology Consulting (Beijing) Co. Ltd. (WFOE). ANT’s accounts include the accounts of its joint-ventures with the PRC TV Station, Shanxi Yellow River and Advertising Networks Cartoon Technology Co., Ltd (“Taiyuan JV”), as a result of ANT’s effective control of these entities through the composition of the board of directors. As a result of contractual arrangements with Beijing Guangwang Hetong Advertising and Media Co., Ltd. (“Hetong”) and its shareholders, the Company (through ANT) controls and is considered the primary beneficiary of Hetong, and, accordingly, consolidates the accounts of Hetong in its financial statements. Hetong is a variable interest entity (VIE) as defined by under FASB ASC 810. Below is the condensed consolidated financial information of Hetong. All significant intercompany accounts, transactions and cash flows are eliminated on consolidation. BEIJING GUANGWANG HETONG ADVERTISING AND MEDIA CO., LTD. CONDENSED CONSOLIDATED BALANCE SHEETS December 31, 2015 December 31, 2014 ASSETS Total Current Assets $ 4,225,226 $ 4,514,107 Total Assets $ 4,225,226 $ 4,514,107 LIABILITIES AND STOCKHOLDERS' EQUITY Total Current Liabilities $ 2,445,076 $ 2,597,621 Total Liabilities 2,445,076 2,597,621 Total Equity 1,780,150 1,916,486 Total Liabilities and Stockholders' Equity $ 4,225,226 $ 4,514,107 CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS For the year ended December 31, 2015 For the year ended December 31, 2014 OPERATING EXPENSES General and administrative expense $ 26,585 $ 61,929 26,585 61,929 LOSS FROM OPERATIONS (26,585 ) (61,929 ) OTHER INCOME/(EXPENSE) Interest income 41 194 (26,544 ) (61,735 ) INCOME TAX - - NET LOSS $ (26,544 ) $ (61,735 ) CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS For the year ended December 31, 2015 For the year ended December 31, 2014 Net cash generated from/(used in) operating activities $ 151,836 (40,568 ) Effect of foreign exchange rate changes (184,847 ) (11,776 ) CASH - BEGINNING OF PERIOD 99,711 152,055 CASH - END OF PERIOD $ 66,700 99,711 Establishment of Joint Ventures between ANT and the PRC TV Stations Establishment of Joint Ventures Exclusive Cooperation Agreement. Kunming JV and Kunming TV Station entered into such Exclusive Cooperation Agreement on August 6, 2008, while Taiyuan JV and YR TV Station entered such Exclusive Cooperation agreement on July 17, 2008. Establishment of Trustee Company. In order to comply with current PRC laws limiting foreign ownership in the television advertising industry, China Networks’ operations are conducted through direct ownership of ANT and through contractual arrangements with Hetong. China Networks does not have an equity interest in Hetong, but instead derives indirect economic benefits from Hetong through a series of contractual arrangements. Through these arrangements, ANT controls Hetong, which in turn owns 50% of Kunming Ad Cos, and 50% of Taiyuan Ad Co. established with PRC TV Stations. The JV Tech Cos collect the television advertising revenue earned by the JV Ad Cos pursuant to an Exclusive Services Agreement, using assets transferred from PRC TV Stations to the JV Tech Cos pursuant to an Asset Transfer Agreement. Asset Transfer Agreements. Exclusive Services Agreement. Kunming JV and Kunming Ad Co. entered into an Exclusive Services Agreement on August 6, 2008, while Taiyuan JV and Taiyuan Ad Co. entered into an Exclusive Services Agreement on July 17, 2008. ASC 810 “Consolidation” addresses financial reporting for entities over which control is achieved through a means other than voting rights. In accordance with the requirements of ASC 810, China Networks has evaluated its relationships with the JV Ad Cos. The JV Ad Cos are considered variable interest entities (‘‘VIEs’’) as defined by ASC 810. Through contractual arrangements with JV Ad Cos through Hetong, China Networks is considered the primary beneficiary of the JV Ad Cos as China Networks absorbs a majority of the risk and rewards of those entities. As such, China Networks consolidates the financial statements of the JV Ad Cos pursuant to ASC 810 as of the date their formation as described above. Disposal of Kunming JV and Kunming Ad Co. Termination of Business Contract with YR TV Station. After the conclusion of several hearings, CIETAC repeatedly postponed the date on which to issue an arbitral award. For strategic reasons, ANT submitted an arbitration withdrawal application to CIETAC on February 17, 2013 and received a Withdrawal Decision on March 18, 2013. The Company is working on other channels to recover the above amount and up to the date of report is still in progress. There's no initial agreement been signed with YR TV Station. In connection with the termination of the cooperation agreement and the transfer of the advertising business, Shanxi TV has also taken, as its own, the RMB 45,000,000 of registered capital contributed by the Company to the Yellow River JV. While the Company acknowledges the right of the PRC government to change policies and rules with respect to agreements with state-owned entities, such as Shanxi TV, however the Company believes that the return of the RMB 45,000,000 contributed to the Yellow River JV by the Company must be returned to the Company. The Company has attempted, in good faith, to negotiate a settlement with respect to the funds, however, to date Shanxi TV has refused to return the funds to the Company or enter into any settlement agreement. Accordingly, all the assets and liabilities as affected by the arbitration were grouped together under heading “Receivables from YR TV Station” in note 4 and “Payables to YR TV Station” in note 7. Going Concern.

Basis of Presentation and Summa

Basis of Presentation and Summary of Significant Accounting Policies	12 Months Ended
	Dec. 31, 2015
Basis of Presentation and Summary of Significant Accounting Policies [Abstract]
BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	NOTE 2 – BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Basis of presentation Principles of consolidation Valuation of long-lived assets Losses on long-lived assets to be disposed of are determined in a similar manner, except that fair market values are reduced for the cost to dispose. Please read Note 4 – Fair Value of Financial Instruments - Level 1 — Financial assets and liabilities whose values are based on unadjusted quoted market prices for identical assets and liabilities in an active market that we have the ability to access. Level 2 — Financial assets and liabilities whose values are based on quoted prices in markets that are not active or model inputs that are observable for substantially the full term of the asset or liability. Level 3 — Financial assets and liabilities whose values are based on prices or valuation techniques that require inputs that are both unobservable and significant to the overall fair value measurement. Accounting standards require the use of observable market data, when available, in making fair value measurements. When inputs used to measure fair value fall within different levels of the hierarchy, the level within which the fair value measurement is categorized is based on the lowest level input that is significant to the fair value measurement. For certain financial instruments, including cash, dividend payable, accrued liabilities, due to related parties and payable to TV station, it was assumed that the carrying amounts approximate fair value because of the near term maturities of such obligations. Cash and cash equivalents Accounts receivable Management periodically reviews the outstanding account balances for collectability. Account balances are charged off against the allowance after all means of collection have been exhausted and the potential for recovery is considered remote. Property and equipment Leasehold improvement 3 years Furniture, fixtures and equipment 5 years Computer software 1 year Comprehensive income (loss) Income taxes Income taxes are provided on an asset and liability approach for financial accounting and reporting of income taxes. Current tax is based on the profit or loss from ordinary activities adjusted for items that are non-assessable or disallowable for income tax purpose and is calculated using tax rates that have been enacted or substantively enacted at the balance sheet date. Deferred income tax liabilities or assets are recorded to reflect the tax consequences in future differences between the tax basis of assets and liabilities and the financial reporting amounts at each year end. A valuation allowance is recognized if it is more likely than not that some portion, or all, of a deferred tax asset will not be realized. Foreign Currency The JV Tech Cos and JV Ad Cos translate their assets and liabilities into US$ at the current exchange rate at the end of the reporting period. Revenues and expenses are translated into US$ using the average exchange rate during the period. Gains and losses that result from the translation are included in other comprehensive income/loss. Earnings per Common Share – Earnings per Share Use of estimates Non-controlling interest in consolidated financial statements Recently Issued Accounting Pronouncements There is no recently issued accounting pronouncements adopted by the Company. Management does not believe that any recently issued, but not effective, accounting standards, if currently adopted, would have a material effect on the accompanying financial statements. The Company accounts for and discloses events that occur after the balance sheet but before financial statements are issued or are available to be issued through December 31, 2015.

Non-Controlling Interests

Non-Controlling Interests	12 Months Ended
	Dec. 31, 2015
Non-Controlling Interests [Abstract]
NON-CONTROLLING INTERESTS	NOTE 3 – NON-CONTROLLING INTERESTS The Company accounts for non-controlling interests in accordance with FASB ASC 810, Consolidation, which requires: (i) ownership interests in subsidiaries held by parties other than the parent to be clearly identified, labeled, and presented in the consolidated statements of financial position within equity, but separate from the parent's equity; (ii) the amount of consolidated net income (loss) attributable to the parent and to the non-controlling interest to be clearly identified and presented on the face of the consolidated statements of operations; (iii) changes in a parent's ownership interests that do not result in deconsolidation to be accounted for as equity transactions; and (iv) that a parent recognize a gain or loss in net income upon deconsolidation of a subsidiary, with any retained non-controlling equity investment in the former subsidiary initially measured at fair value. The non-controlling interest for the Company as at December 31, 2015 represented YR TV Station’s share in Taiyuan Ad Co. and Taiyuan JV. Subject to the matters as discussed in note 1 above, there is no operation and losses incurred after the termination of the agreement, hence, there is no non-controlling interest allocated to the non-controlling shareholder. The non-controlling interest is $1,079,563 as of December 31, 2015 and 2014.

Receivables and Other Assets fr

Receivables and Other Assets from YR TV Station Under Arbitration	12 Months Ended
	Dec. 31, 2015
Receivables and Other Assets From YR TV Station Under Arbitration [Abstract]
RECEIVABLES AND OTHER ASSETS FROM YR TV STATION UNDER ARBITRATION	NOTE 4 – RECEIVABLES AND OTHER ASSETS FROM YR TV STATION UNDER ARBITRATION December 31, 2015 December 31, 2014 China YR TV Station- Loan $ 751,377 $ 751,377 China YR TV Station- Advertising income 3,089,450 3,089,450 China YR TV Station- Others 184,457 184,457 Impairment (4,025,284 ) (4,025,284 ) $ - $ - As discussed in Note 1 Organization “Termination of Business Contract with YR TV Station”, the Company was forced to terminate cooperation with its joint venture partner, YR TV Station due to the PRC’s internal restructuring for TV broadcasting business in Shanxi Province, YR TV Station had merged with Shanxi Broadcasting Group. Beginning from December 31, 2011, the carrying value of the assets that are under arbitration is separately presented in the Balance Sheet in the caption “Receivables from YR TV Station under arbitration” and these assets are no longer depreciated. In April 2012, the Company formally filed arbitration against China YR TV Stations to the CIETAC. CIETAC is the major permanent arbitration institutions in China and responsible for independently and impartially resolves economic and trade disputes by means of arbitration. In this action the Company allege breach of contract by YR TV Station, seeking recovery of capital investment cost plus interest and others totaled RMB54 million (approximately $8,571,000). After the conclusion of several hearings, CIETAC repeatedly postponed the date on which to issue an arbitral award. For strategic reasons, ANT submitted an arbitration withdrawal application to CIETAC on February 17, 2013 and received a Withdrawal Decision on March 18, 2013. On December 12, 2013, ANT filed two arbitration claims against Shanxi TV with the CIETAC to recover more than RMB90 million (approximately $14,867,000) damages. In this instance, management has assessed the matters based on current information and made judgments concerning their potential outcome, giving consideration to the nature of the claim, the amount, and the probability of success. Management believes it will receive a positive award in the dispute. However, in view of the significant uncertainty on the outcome of the actions, the management recorded an impairment loss of $680,000 in the year 2011 and a further impairment of $3,345,284 in year 2012, which the carrying value was fully impaired. On March 15, 2016, CIETAC issued two final arbitral awards. Among others, the arbitral tribunal found that because Shanxi TV unilaterally terminated the cooperation agreement, it must pay RMB 45 million (approximately $6,929,900) for damages as claimed by Yellow River JV. In addition, Shanxi TV’s termination of the cooperation agreement essentially resulted in its material breach of the asset transfer agreement with Yellow River JV and as a result, Shanxi TV is responsible to return RMB 45 million (approximately $6,929,900) to Yellow River JV that it paid to Shanxi TV. CIETAC further approved of a RMB 0.8 million (approximately $123,200) attorney fee and a RMB115,084.30 (approximately $17,700) arbitration fee against Shanxi TV. The payment of the above fees should be made by Shanxi TV within 30 days after the issuance of the arbitral awards. As of the date of this report, Shanxi TV has not made the payment. The Company intended to make every effort to collect the awards. Therefore, in the opinion of the management, no adjustment was made for the reversal of impairment during the year ended December 31, 2015.

Program Rights and Intangible A

Program Rights and Intangible Assets, Net	12 Months Ended
	Dec. 31, 2015
Program Rights and Intangible Assets, Net [Abstract]
PROGRAM RIGHTS AND INTANGIBLE ASSETS, NET	NOTE 5 – PROGRAM RIGHTS AND INTANGIBLE ASSETS, NET December 31, 2015 December 31, 2014 Program rights $ 20,692 $ 20,692 Less: accumulated amortization (20,692 ) (20,692 ) $ - $ - Intangible assets $ 7,120,088 $ 7,120,088 Less: accumulated amortization (613,119 ) (613,119 ) Less: impairment charges (6,506,969 ) (6,506,969 ) $ - $ - Program rights represent (1) programs that were contributed by the PRC TV Stations to the JV Tech Cos as capital, and (2) programs purchased by the JV Tech Cos from the PRC TV Stations in accordance with the joint venture and asset transfer agreements, respectively. Program rights are carried at cost and are amortized over their expected useful life of one year. There was no amortization of program rights in 2013 as the program rights were fully amortized during 2009. The programs included in program rights are those originally produced by the PRC TV Stations and the JV Tech Co’s have ownership of the program rights pursuant to the joint venture and asset transfer agreements. Intangible assets represent the contractual right to operate the advertising business. Intangible assets are evaluated periodically to determine if expected cash flow generate from the advertising business is sufficient to cover the unamortized portion of the intangible assets. To the extent that expected cash flow is insufficient, the intangible assets are written down to their net realizable value. Intangible assets are expected to be amortized on a systematic basis over the lives of the Exclusive Cooperation Agreements of 30 years for Taiyuan JV. The Company assessed the recoverability of intangible assets and due to the uncertainties on the dispute with Shanxi TV Station the Company had wholly impaired the intangible assets of $6,506,969 for the year ended December 31, 2011.

Dividend Payable

Dividend Payable	12 Months Ended
	Dec. 31, 2015
Dividend Payable [Abstract]
DIVIDEND PAYABLE	NOTE 6 – DIVIDEND PAYABLE December 31, 2015 December 31, 2014 Dividend Payable $ 1,169,513 $ 935,038 The dividends for preferred shares are cumulative. Dividend payable was based on 5% annual rate of issued preferred shares.

Other Payables to TV Stations

Other Payables to TV Stations	12 Months Ended
	Dec. 31, 2015
Other Payables to Tv Stations [Abstract]
OTHER PAYABLES TO TV STATIONS	NOTE 7 – OTHER PAYABLES TO TV STATIONS December 31, 2015 December 31, 2014 Other payable to Kunming TV Station 77,175 77,175 Other payable to China YR TV Station 1,130,598 1,203,958 $ 1,207,773 $ 1,281,133 As of December 31, 2015 and 2014, other payable to Kunming Television Station represents payable of $77,175 to be paid by ANT due to the late payment of capital contribution to Kunming Tech Co. Other payable to China YR TV Station mainly represents reimbursement of YR TV Station’s cost of purchase of TV programs and broadcasting and administrative expenses.

Accrued Liabilities

Accrued Liabilities	12 Months Ended
	Dec. 31, 2015
Accrued Liabilities [Abstract]
ACCRUED LIABILITIES	NOTE 8 – ACCRUED LIABILITIES Accrued liabilities consist of the following: December 31, December 31, Business and other taxes payable $ - $ 190 Accrued expenses 15,000 25,000 Accrued salary 915 3,640 $ 15,915 $ 28,830

Related Party Transactions

Related Party Transactions	12 Months Ended
	Dec. 31, 2015
Related Party Transactions [Abstract]
RELATED PARTY TRANSACTIONS	NOTE 9 – RELATED PARTY TRANSACTIONS Due to related parties Amounts due to related parties consist of advances made to the Company or payments made behalf on the Company to finance development stage activities and other costs. The amounts due to related parties for such advances were non-interest bearing and had no stated repayment terms. Amounts due to related parties for such advances totaled $59,750 as of December 31, 2015 and 2014.

Income Tax

Income Tax	12 Months Ended
	Dec. 31, 2015
Income Tax [Abstract]
INCOME TAX	NOTE 10 – INCOME TAX The income tax expense in the consolidated statements of operations consisted of: December 31, December 31, BVI Enterprise Income Tax $ - $ - Hong Kong Profits Tax - - PRC Enterprise Income Tax - - Income taxes, net $ - $ - The enterprise income tax is reported on a separate entity basis. BVI China Networks Media, Ltd. was incorporated in the British Virgin Islands and is not subject to income taxes under the current laws of the British Virgin Islands. Hong Kong Advertising Networks Limited incorporate in Hong Kong and is subject to Hong Kong profits tax on its taxable income derived from trade or business carried out in Hong Kong at 16.5% for the years ended December 2015 and 2014. However, as the Company has not generated any revenue or income, no provision for Hong Kong profits tax has been made. PRC The Company periodically evaluates the likelihood of the realization of deferred tax assets, and adjusts the carrying amount of the deferred tax assets by the valuation allowance to the extent the future realization of the deferred tax assets is not judged to be more likely than not. The Company considers many factors when assessing the likelihood of future realization of the Company’s deferred tax assets, including its recent cumulative earnings experience by taxing jurisdiction, expectations of future taxable income or loss, the carryforward periods available to the Company for tax reporting purposes, and other relevant factors. At December 31, 2015 and 2014, based on the weight of available evidence, the Company determined that it was unlikely that the Company’s deferred tax assets would be realized and have provided for a full valuation allowance associated with the net deferred tax assets. December 31, December 31, Deferred Tax Assets and Liabilities: Net operating loss carry forwards $ 154,423 $ 274,742 Valuation allowance (154,423 ) (274,742 ) Net deferred tax assets $ - $ - The PRC entities are subject to PRC income tax at the statutory tax rate of 25%. The Company adopted ASC 740 “Income Taxes”, which prescribes a more-likely-than-not threshold for financial statement recognition and measurement of a tax position taken in the tax return. This interpretation also provides guidance on de-recognition of income tax assets and liabilities, classification of current and deferred income tax assets and liabilities, accounting for interest and penalties associated with tax positions, accounting for income taxes in interim periods and income tax disclosures. At December 31, 2015, Company’s management considered that the Company had no uncertain tax positions that affected its consolidated financial position and results of operations or cash flow, and will continue to evaluate for the uncertain position in future. In the year ended as at December 31, 2015, Company’s income tax is nil.

Shareholders' Equity

Shareholders' Equity	12 Months Ended
	Dec. 31, 2015
Shareholders' Equity [Abstract]
SHAREHOLDERS' EQUITY	NOTE 11 – SHAREHOLDERS’ EQUITY The Company had authorized common stocks of 500,000,000 at $0.0001 per stock. As of December 31, 2015 and 2014, the issued and outstanding of common stocks is 4,689,506. There is no issuance of common stocks during the year. For Class A Preferred Shares, each Class A Preferred Share is convertible to one Ordinary Share and the Preferred Shares are redeemable at the Company’s option in whole or in part for an aggregate sum of $16,000,000. Each Class A Preferred Share is entitled to receive a cumulative dividend, which will be accrued at a rate of 5% per annum, and will be payable semi-annually on June 30 and December 31, and in arrears in cash or at the Company’s option, in Ordinary Shares of the Company at a 5% discount to the trailing 10-day volume-weighted average trading price of the Company’s Ordinary Shares on the principal trading market. The Class A Preferred Shares have a liquidation preference of an aggregate of $16,000,000 upon the sale or liquidation of the Company. If the closing price of the Company’s ordinary shares on the principal trading market on which they are quoted is less than $0.50 upon the 24 month anniversary of the transaction contemplated by the Exchange Agreement, then the liquidation preference may increase by 31.25% per Class A Preferred Share and the rights to convert into ordinary shares some or all of the Class A Preferred Shares held by such holder at such holder’s option, at any time, at a ratio of one Ordinary Share for each Class A Preferred Share. There is no action taken by the preferred share stockholder. As of December 31, 2015, the liquidation preference is $4,689,506. The number of Class A Preferred Shares outstanding as of December 31, 2015 has not been confirmed by the stock transfer agent as of date of this report. The difference in shares balance if any is considered not to be material by the management of the Company. For the years ended December 31, 2015 and 2014, the cumulative dividend arrears were $1,169,513 and $935,038 respectively. The Company plans to settle the accrued dividend by issuance of stock to the preferred shareholder. The Company follows ASC505-10 to recognize dividend on preferred share by charged against retained earnings even if the Company has an accumulated deficit. As of December 31, 2015 and 2014, the issued and outstanding of Class A Preferred Shares is 4,689,506. There is no redemption during the year.

Concentrations, Risk and Uncert

Concentrations, Risk and Uncertainties	12 Months Ended
	Dec. 31, 2015
Concentrations, Risk and Uncertainties [Abstract]
CONCENTRATIONS, RISK AND UNCERTAINTIES	NOTE 12 – CONCENTRATIONS, RISK AND UNCERTAINTIES As at December 31, 2015, there is no accounts receivable due from customers. The Company did not have any concentrations of business for both customers and suppliers for the year ended December 31, 2015 due to the minimal operations. Credit risk on cash and cash equivalents – The Company maintains its cash and cash equivalents in accounts with major financial institutions in the United States of America and the PRC, in the form of demand deposits and money market accounts. At December 31, 2015, the uninsured balances amounted to approximately $0.18 million. The Company has not experienced any losses on its deposits of cash and cash equivalents.

Operating Risk and Market Risk

Operating Risk and Market Risk	12 Months Ended
	Dec. 31, 2015
Operating Risk and Market Risk [Abstract]
OPERATING RISK AND MARKET RISK	NOTE 13 – OPERATING RISK AND MARKET RISK Foreign currency risk Substantially all of the Company’s transactions are denominated in Renminbi, but a substantial portion of its cash is kept in U.S. dollars. Although the Company believes that, in general, its exposure to foreign exchange risks should be limited, its cash flows and revenues will be affected by the foreign exchange rate between U.S. dollars and Renminbi. It is possible that the Chinese government may elect to loosen further its current controls over the extent to which the Renminbi is allowed to fluctuate in value in relation to foreign currencies. The Company’s business and the price of its ordinary shares could be negatively affected by a revaluation of the Renminbi against the U.S. dollar or by other fluctuations in prevailing Renminbi-U.S. dollar exchange rates. Company’s operations are substantially in foreign countries Substantially all of the Company’s operations are in China. The Company’s operations are subject to various political, economic, and other risks and uncertainties inherent in China. Among other risks, the Company’s operations are subject to the risks of restrictions on transfer of funds; export duties, quotas, and embargoes; domestic and international customs and tariffs; changing taxation policies; foreign exchange restrictions; and political conditions and governmental regulations.

Commitments and Contingencies

Commitments and Contingencies	12 Months Ended
	Dec. 31, 2015
Commitments and Contingencies [Abstract]
COMMITMENTS AND CONTINGENCIES	NOTE 14 – COMMITMENTS AND CONTINGENCIES Operating Leases In the normal course of business, the Company leases office space under operating leases agreements. The operating lease agreements generally contain renewal options that may be exercised at the Company’s discretion after the completion of the base rental terms. Rent expense for the year ended December 31, 2015 totaled $3,171. The Company has no obligation under operating leases requiring minimum rentals.

Parent Only Financial Statement

Parent Only Financial Statements	12 Months Ended
	Dec. 31, 2015
Parent Only Financial Statements [Abstract]
PARENT ONLY FINANCIAL STATEMENTS	NOTE 15 – PARENT ONLY FINANCIAL STATEMENTS As of December 31, 2015, the total restricted net assets exceeded 25% percentage of the Company’s consolidated net assets. As a result, parent only financial statements are prepared as follows: Parent Only Balance Sheets December 31, December 31, ASSETS CURRENT ASSETS Loan receivable from CNM $ 2,791,304 $ 2,791,304 Total current assets 2,791,304 2,791,304 Investment in subsidiaries - - TOTAL ASSETS $ 2,791,304 $ 2,791,304 LIABILITIES AND EQUITY CURRENT LIABILITIES Other payable $ 1,184,513 $ 935,038 TOTAL LIABILITIES 1,184,513 935,038 EQUITY China Networks International Holdings, Ltd. equity: Class A Preferred Shares at $0.0005 par value; (50,000,000 shares authorized, 4,689,506 shares issued and outstanding at December 31, 2015 and 2014; liquidation preference of $4,689,506) 2,345 2,345 Common stock at $0.0001 par value; (500,000,000 shares authorized, 83,158,778 shares issued and outstanding at December 31, 2015, and 83,158,778 shares issued at December 31, 2014) 8,318 8,318 Additional paid-in capital 26,124,907 26,124,907 Accumulated deficit (24,719,127 ) (24,469,652 ) Accumulated other comprehensive income 190,348 190,348 Total shareholders' equity 1,606,791 1,856,266 TOTAL LIABILITIES AND EQUITY $ 2,791,304 $ 2,791,304 Condensed Parent Only Statements of Operations For the year ended December 31, 2015 For the year ended December 31, 2014 OPERATING EXPENSES General and administrative expense $ 15,000 $ 104 15,000 104 LOSS FROM OPERATIONS (15,000 ) (104 ) INCOME TAX - - NET LOSS ATTRIBUTABLE TO CHINA NETWORKS INTERNATIONAL HOLDINGS, LTD. (15,000 ) (104 ) Dividend on preferred stock (234,475 ) (234,475 ) COMPRHENSIVE LOSS $ (249,475 ) (234,475 ) Condensed Parent Only Statements of Cash Flows For the year ended For the year ended December 31, 2014 Net cash used in operating activities $ - (104 ) CASH - BEGINNING OF PERIOD - 104 CASH - END OF PERIOD $ - - SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION Non-cash investing and financing activities: Cancellation of common stock subject to repurchase $ - 236,400 Relaxation of restricted cash $ - 236,400

Basis of Presentation and Sum22

Basis of Presentation and Summary of Significant Accounting Policies (Policies)	12 Months Ended
	Dec. 31, 2015
Basis of Presentation and Summary of Significant Accounting Policies [Abstract]
Basis of presentation	Basis of presentation
Principles of consolidation	Principles of consolidation
Valuation of long-lived assets	Valuation of long-lived assets Losses on long-lived assets to be disposed of are determined in a similar manner, except that fair market values are reduced for the cost to dispose. Please read Note 4 –
Fair Value of Financial Instruments	Fair Value of Financial Instruments - Level 1 — Financial assets and liabilities whose values are based on unadjusted quoted market prices for identical assets and liabilities in an active market that we have the ability to access. Level 2 — Financial assets and liabilities whose values are based on quoted prices in markets that are not active or model inputs that are observable for substantially the full term of the asset or liability. Level 3 — Financial assets and liabilities whose values are based on prices or valuation techniques that require inputs that are both unobservable and significant to the overall fair value measurement. Accounting standards require the use of observable market data, when available, in making fair value measurements. When inputs used to measure fair value fall within different levels of the hierarchy, the level within which the fair value measurement is categorized is based on the lowest level input that is significant to the fair value measurement. For certain financial instruments, including cash, dividend payable, accrued liabilities, due to related parties and payable to TV station, it was assumed that the carrying amounts approximate fair value because of the near term maturities of such obligations.
Cash and cash equivalents	Cash and cash equivalents
Accounts receivable	Accounts receivable Management periodically reviews the outstanding account balances for collectability. Account balances are charged off against the allowance after all means of collection have been exhausted and the potential for recovery is considered remote.
Property and equipment	Property and equipment Leasehold improvement 3 years Furniture, fixtures and equipment 5 years Computer software 1 year
Comprehensive income (loss)	Comprehensive income (loss)
Income taxes	Income taxes Income taxes are provided on an asset and liability approach for financial accounting and reporting of income taxes. Current tax is based on the profit or loss from ordinary activities adjusted for items that are non-assessable or disallowable for income tax purpose and is calculated using tax rates that have been enacted or substantively enacted at the balance sheet date. Deferred income tax liabilities or assets are recorded to reflect the tax consequences in future differences between the tax basis of assets and liabilities and the financial reporting amounts at each year end. A valuation allowance is recognized if it is more likely than not that some portion, or all, of a deferred tax asset will not be realized.
Foreign Currency	Foreign Currency The JV Tech Cos and JV Ad Cos translate their assets and liabilities into US$ at the current exchange rate at the end of the reporting period. Revenues and expenses are translated into US$ using the average exchange rate during the period. Gains and losses that result from the translation are included in other comprehensive income/loss.
Earnings per Common Share	Earnings per Common Share – Earnings per Share
Use of estimates	Use of estimates
Non-controlling interest in consolidated financial statements	Non-controlling interest in consolidated financial statements
Recently Issued Accounting Pronouncements	Recently Issued Accounting Pronouncements There is no recently issued accounting pronouncements adopted by the Company. Management does not believe that any recently issued, but not effective, accounting standards, if currently adopted, would have a material effect on the accompanying financial statements. The Company accounts for and discloses events that occur after the balance sheet but before financial statements are issued or are available to be issued through December 31, 2015.

Organization (Tables)

Organization (Tables) - Beijing Guangwang Hetong [Member]	12 Months Ended
	Dec. 31, 2015
Condensed Balance Sheet	December 31, 2015 December 31, 2014 ASSETS Total Current Assets $ 4,225,226 $ 4,514,107 Total Assets $ 4,225,226 $ 4,514,107 LIABILITIES AND STOCKHOLDERS' EQUITY Total Current Liabilities $ 2,445,076 $ 2,597,621 Total Liabilities 2,445,076 2,597,621 Total Equity 1,780,150 1,916,486 Total Liabilities and Stockholders' Equity $ 4,225,226 $ 4,514,107
Condensed Income Statement	For the year ended December 31, 2015 For the year ended December 31, 2014 OPERATING EXPENSES General and administrative expense $ 26,585 $ 61,929 26,585 61,929 LOSS FROM OPERATIONS (26,585 ) (61,929 ) OTHER INCOME/(EXPENSE) Interest income 41 194 (26,544 ) (61,735 ) INCOME TAX - - NET LOSS $ (26,544 ) $ (61,735 )
Condensed Cash Flow Statement	For the year ended December 31, 2015 For the year ended December 31, 2014 Net cash generated from/(used in) operating activities $ 151,836 (40,568 ) Effect of foreign exchange rate changes (184,847 ) (11,776 ) CASH - BEGINNING OF PERIOD 99,711 152,055 CASH - END OF PERIOD $ 66,700 99,711

Basis of Presentation and Sum24

Basis of Presentation and Summary of Significant Accounting Policies (Tables)	12 Months Ended
	Dec. 31, 2015
Basis of Presentation and Summary of Significant Accounting Policies [Abstract]
Schedule of estimated useful life	Leasehold improvement 3 years Furniture, fixtures and equipment 5 years Computer software 1 year

Receivables and Other Assets 25

Receivables and Other Assets from YR TV Station Under Arbitration (Tables)	12 Months Ended
	Dec. 31, 2015
Receivables and Other Assets From YR TV Station Under Arbitration [Abstract]
Schedule of receivable and other assets from YR TV Station	December 31, 2015 December 31, 2014 China YR TV Station- Loan $ 751,377 $ 751,377 China YR TV Station- Advertising income 3,089,450 3,089,450 China YR TV Station- Others 184,457 184,457 Impairment (4,025,284 ) (4,025,284 ) $ - $ -

Program Rights and Intangible26

Program Rights and Intangible Assets, Net (Tables)	12 Months Ended
	Dec. 31, 2015
Program Rights and Intangible Assets, Net [Abstract]
Summary of program rights and intangible assets	December 31, 2015 December 31, 2014 Program rights $ 20,692 $ 20,692 Less: accumulated amortization (20,692 ) (20,692 ) $ - $ - Intangible assets $ 7,120,088 $ 7,120,088 Less: accumulated amortization (613,119 ) (613,119 ) Less: impairment charges (6,506,969 ) (6,506,969 ) $ - $ -

Dividend Payable (Tables)

Dividend Payable (Tables)	12 Months Ended
	Dec. 31, 2015
Dividend Payable [Abstract]
Schedule of other payable	December 31, 2015 December 31, 2014 Dividend Payable $ 1,169,513 $ 935,038

Other Payables to TV Stations (

Other Payables to TV Stations (Tables)	12 Months Ended
	Dec. 31, 2015
Other Payables to Tv Stations [Abstract]
Summary of other payables to TV Stations	December 31, 2015 December 31, 2014 Other payable to Kunming TV Station 77,175 77,175 Other payable to China YR TV Station 1,130,598 1,203,958 $ 1,207,773 $ 1,281,133

Accrued Liabilities (Tables)

Accrued Liabilities (Tables)	12 Months Ended
	Dec. 31, 2015
Accrued Liabilities [Abstract]
Summary of accrued liabilities	December 31, December 31, Business and other taxes payable $ - $ 190 Accrued expenses 15,000 25,000 Accrued salary 915 3,640 $ 15,915 $ 28,830

Income Tax (Tables)

Income Tax (Tables)	12 Months Ended
	Dec. 31, 2015
Income Tax [Abstract]
Schedule of income tax expense	December 31, December 31, BVI Enterprise Income Tax $ - $ - Hong Kong Profits Tax - - PRC Enterprise Income Tax - - Income taxes, net $ - $ -
Schedule of deferred tax assets and liabilities	December 31, December 31, Deferred Tax Assets and Liabilities: Net operating loss carry forwards $ 154,423 $ 274,742 Valuation allowance (154,423 ) (274,742 ) Net deferred tax assets $ - $ -

Parent Only Financial Stateme31

Parent Only Financial Statements (Tables) - Parent [Member]	12 Months Ended
	Dec. 31, 2015
Balance Sheets	December 31, December 31, ASSETS CURRENT ASSETS Loan receivable from CNM $ 2,791,304 $ 2,791,304 Total current assets 2,791,304 2,791,304 Investment in subsidiaries - - TOTAL ASSETS $ 2,791,304 $ 2,791,304 LIABILITIES AND EQUITY CURRENT LIABILITIES Other payable $ 1,184,513 $ 935,038 TOTAL LIABILITIES 1,184,513 935,038 EQUITY China Networks International Holdings, Ltd. equity: Class A Preferred Shares at $0.0005 par value; (50,000,000 shares authorized, 4,689,506 shares issued and outstanding at December 31, 2015 and 2014; liquidation preference of $4,689,506) 2,345 2,345 Common stock at $0.0001 par value; (500,000,000 shares authorized, 83,158,778 shares issued and outstanding at December 31, 2015, and 83,158,778 shares issued at December 31, 2014) 8,318 8,318 Additional paid-in capital 26,124,907 26,124,907 Accumulated deficit (24,719,127 ) (24,469,652 ) Accumulated other comprehensive income 190,348 190,348 Total shareholders' equity 1,606,791 1,856,266 TOTAL LIABILITIES AND EQUITY $ 2,791,304 $ 2,791,304
Statements of Operations	For the year ended December 31, 2015 For the year ended December 31, 2014 OPERATING EXPENSES General and administrative expense $ 15,000 $ 104 15,000 104 LOSS FROM OPERATIONS (15,000 ) (104 ) INCOME TAX - - NET LOSS ATTRIBUTABLE TO CHINA NETWORKS INTERNATIONAL HOLDINGS, LTD. (15,000 ) (104 ) Dividend on preferred stock (234,475 ) (234,475 ) COMPRHENSIVE LOSS $ (249,475 ) (234,475 )
Statements of Cash Flows	For the year ended For the year ended December 31, 2014 Net cash used in operating activities $ - (104 ) CASH - BEGINNING OF PERIOD - 104 CASH - END OF PERIOD $ - - SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION Non-cash investing and financing activities: Cancellation of common stock subject to repurchase $ - 236,400 Relaxation of restricted cash $ - 236,400

Organization (Details)

Organization (Details) - USD ($)	Dec. 31, 2015	Dec. 31, 2014
ASSETS
Total Assets	$ 183,097	$ 304,955
LIABILITIES AND STOCKHOLDERS' EQUITY
Total Liabilities	2,452,951	2,304,751
Total Equity	(3,349,417)	(3,079,359)
Total Liabilities and Stockholders' Equity	183,097	304,955
Beijing Guangwang Hetong [Member]
ASSETS
Total Current Assets	4,225,226	4,514,107
Total Assets	4,225,226	4,514,107
LIABILITIES AND STOCKHOLDERS' EQUITY
Total Current Liabilities	2,445,076	2,597,621
Total Liabilities	2,445,076	2,597,621
Total Equity	1,780,150	1,916,486
Total Liabilities and Stockholders' Equity	$ 4,225,226	$ 4,514,107

Organization (Details 1)

Organization (Details 1) - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
OPERATING EXPENSES
General and administrative expense	$ 107,988	$ 285,783	$ 530,998
Operating Expenses	107,988	285,783	530,998
LOSS FROM OPERATIONS	(107,988)	(285,783)	(530,998)
OTHER INCOME/(EXPENSE)
Interest income	497	1,110	2,530
Total other income/(expense)	$ 497	$ 1,110	2,530
INCOME TAX
NET LOSS	$ (107,491)	$ (284,673)	$ (528,468)
Beijing Guangwang Hetong [Member]
OPERATING EXPENSES
General and administrative expense	26,585	61,929
Operating Expenses	26,585	61,929
LOSS FROM OPERATIONS	(26,585)	(61,929)
OTHER INCOME/(EXPENSE)
Interest income	41	194
Total other income/(expense)	$ (26,544)	$ (61,735)
INCOME TAX
NET LOSS	$ (26,544)	$ (61,735)

Organization (Details 2)

Organization (Details 2) - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Net cash generated from/(used in) operating activities	$ (121,515)	$ (366,226)	$ (588,441)
Effect of foreign exchange rate changes	(343)	8,985	22,420
CASH - BEGINNING OF PERIOD	304,955	663,078	2,117,731
CASH - END OF PERIOD	183,097	304,955	663,078
Beijing Guangwang Hetong [Member]
Net cash generated from/(used in) operating activities	151,836	(40,568)
Effect of foreign exchange rate changes	(184,847)	(11,776)
CASH - BEGINNING OF PERIOD	99,711	152,055
CASH - END OF PERIOD	$ 66,700	$ 99,711	$ 152,055

Organization (Details Textual)

Organization (Details Textual)

Oct. 09, 2011USD ($)

Oct. 09, 2011CNY (¥)

Sep. 01, 2010USD ($)Agreement

Apr. 13, 2010shares

Jun. 29, 2009USD ($)$ / sharesshares

Jun. 02, 2008shares

Jul. 05, 2007$ / sharesshares

Aug. 16, 2006$ / sharesshares

Apr. 30, 2012USD ($)

Apr. 30, 2012CNY (¥)

Nov. 30, 2011shares

Aug. 31, 2008Company

Dec. 31, 2015USD ($)$ / shares

Dec. 31, 2015CNY (¥)

Dec. 31, 2013USD ($)$ / shares

Dec. 31, 2015CNY (¥)shares

Dec. 31, 2014$ / sharesshares

Dec. 31, 2011USD ($)

Dec. 31, 2010USD ($)

Dec. 31, 2010CNY (¥)

Dec. 15, 2010USD ($)

Sep. 01, 2010CNY (¥)

Apr. 30, 2010

Dec. 31, 2009USD ($)

Dec. 31, 2009CNY (¥)

Dec. 31, 2008

Aug. 11, 2008CNY (¥)

Jul. 17, 2008USD ($)

Jul. 17, 2008CNY (¥)

Jun. 30, 2008USD ($)

Jun. 30, 2008CNY (¥)

Organization (Textual)

Share issued during period

16,000,000

Common stock, par value | $ / shares

$ 0.0001

$ 0.0001

Description of units issued during period

Each unit containing one ordinary share and one warrant.

Common stock, shares outstanding

83,158,778

Warrant outstanding

9,864,400

Units issued to underwriters

300,000

Description of business combination

As the result of consummation of the business combination, China Networks' common and preferred shares were converted automatically into 9,422,760 CNIH common shares.

Voting equity interests acquired from as result of business combination

73.00%

Assets acquired by China Networks from Alyst | $

$ 1,566,492

Cash acquired by China Networks acquired from Alyst | $

$ 1,449,122

Voting rights description

Voting rights as stockholders of Hetong, until 2037.

Voting rights as stockholders of Hetong, until 2037.

Loan agreement description

The WFOE may terminate the Exclusive Services Agreement at any time upon 30 days' notice to Hetong.

The WFOE may terminate the Exclusive Services Agreement at any time upon 30 days' notice to Hetong.

Consideration paid under asset disposal agreement | $

$ 150,000,000

$ 19,900,000

Number of domestic advertising companies | Company

2

Number of agreements | Agreement

2

Amount senior secured convertible debentures repaid through proceeds of sale | $

$ 11,000,000

YR TV Station [Member]

Organization (Textual)

Claim filed for contract termination

$ 8,571,000

¥ 54,000,000

Amended amount of claim filed for contract termination

$ 12,900,000

¥ 81,417,196

Yellow River JV [Member]

Organization (Textual)

Additional capital contribution | ¥

¥ 45,000,000

Shanxi Tv [Member]

Organization (Textual)

Enforcing arbitral awards

$ 13,859,800

¥ 90,000,000

ANT [Member]

Organization (Textual)

Percentage of obligations contributed under joint ventures

50.00%

50.00%

50.00%

Percentage of contribution paid under supplemental agreement before April 30, 2010

100.00%

ANT [Member] | Kunming JV [Member]

Organization (Textual)

Equity interest owned by ANT

50.00%

Kunming TV Station [Member]

Organization (Textual)

Fair value of contributions under agreement

$ 12,400,000

¥ 85,000,000

¥ 150,000,000

Percentage of obligations contributed under joint ventures

100.00%

100.00%

100.00%

100.00%

Asset repurchase under agreement | $

$ 19,900,000

Hetong [Member]

Organization (Textual)

Ownership percentage held by trustee

100.00%

Kunming JV agreement [Member]

Organization (Textual)

Fair value of contributions under agreement

¥ 150,000,000

$ 21,900,000

¥ 150,000,000

Consideration paid under asset disposal agreement

$ 22,600,000

¥ 150,000,000

Kunming JV agreement [Member] | Kunming TV Station [Member]

Organization (Textual)

Percentage of obligations contributed under joint ventures

100.00%

100.00%

Taiyuan JV agreement [Member] | YR TV Station [Member]

Organization (Textual)

Fair value of contributions under agreement

$ 6,600,000

¥ 45,000,000

Asset Transfer Agreements [Member]

Organization (Textual)

Fair value of contributions under agreement

$ 9,700,000

¥ 65,000,000

Asset Transfer Agreements [Member] | Taiyuan JV [Member]

Organization (Textual)

Fair value of contributions under agreement

$ 6,600,000

¥ 45,000,000

Asset Transfer Agreements [Member] | YR TV Station [Member]

Organization (Textual)

Fair value of contributions under agreement | ¥

¥ 45,000,000

Kunming Ad Cos [Member]

Organization (Textual)

Percentage of contribution paid under supplemental agreement before April 30, 2010

50.00%

Consideration paid under asset disposal agreement

$ 100,000

¥ 700,000

Kunming Ad Cos [Member] | Hetong [Member]

Organization (Textual)

Ownership interest percentage owned by Hetong

50.00%

Taiyuan Ad Co [Member] | Hetong [Member]

Organization (Textual)

Ownership interest percentage owned by Hetong

50.00%

Warrant [Member]

Organization (Textual)

Warrant exercise price | $ / shares

$ 10

Common Stock

Organization (Textual)

Share issued during period

23,000,000

1,900,000

14,964,100

Common stock, par value | $ / shares

$ 0.0001

Common stock, shares outstanding

12,927,888

4,689,506

4,689,506

Alyst Acquisition Corp [Member] | Private Placement [Member]

Organization (Textual)

Share issued during period

1,750,000

Common stock, par value | $ / shares

$ 0.0001

Alyst Acquisition Corp [Member] | Private Placement [Member] | Warrant [Member]

Organization (Textual)

Warrant exercise price | $ / shares

$ 5

Warrants issued during period

1,820,000

Alyst Acquisition Corp [Member] | IPO [Member]

Organization (Textual)

Units of stock issued during the period

8,044,400

Description of units issued during period

Each Unit consisted of one share of Common Stock and one warrant to purchase one share of Common Stock.

Warrant exercise price | $ / shares

$ 5

Basis of Presentation and Sum36

Basis of Presentation and Summary of Significant Accounting Policies (Details)	12 Months Ended
	Dec. 31, 2015
Leasehold improvement [Member]
Schedule of estimated useful life
Estimated useful lives	3 years
Furniture, fixtures and equipment [Member]
Schedule of estimated useful life
Estimated useful lives	5 years
Computer software [Member]
Schedule of estimated useful life
Estimated useful lives	1 year

Non-Controlling Interests (Deta

Non-Controlling Interests (Details) - USD ($)	Dec. 31, 2015	Dec. 31, 2014
Non-Controlling Interests (Textual)
Non-controlling interest	$ 1,079,563	$ 1,079,563

Receivables and Other Assets 38

Receivables and Other Assets from YR TV Station Under Arbitration (Details) - China YR TV Station [Member] - USD ($)	Dec. 31, 2015	Dec. 31, 2014
Schedule of Receivable and other assets
China YR TV Station- Loan	$ 751,377	$ 751,377
China YR TV Station- Advertising income	3,089,450	3,089,450
China YR TV Station- Others	184,457	184,457
Impairment	$ (4,025,284)	$ (4,025,284)
Total

Receivables and Other Assets 39

Receivables and Other Assets from YR TV Station Under Arbitration (Details Textual)	Mar. 15, 2016USD ($)	Mar. 15, 2016CNY (¥)	Dec. 12, 2013USD ($)	Dec. 12, 2013CNY (¥)	Dec. 31, 2015USD ($)	Dec. 31, 2015CNY (¥)	Dec. 31, 2012USD ($)	Dec. 31, 2011USD ($)
China YR TV Station [Member]
Receivables and Other Assets From Yr Tv Station Under Arbitration (Textual)
Recovery of capital investment including interest					$ 8,571,000	¥ 54,000,000
Impairment loss							$ 3,345,284	$ 680,000
Ant [Member]
Receivables and Other Assets From Yr Tv Station Under Arbitration (Textual)
Claims amount for damages			$ 14,867,000	¥ 90,000,000
CIETAC [Member] | Subsequent Event [Member]
Receivables and Other Assets From Yr Tv Station Under Arbitration (Textual)
Terminated agreement for damages as claimed	$ 6,929,900	¥ 45,000,000
Asset transfer agreement	6,929,900	45,000,000
Attorney fee	123,200	800,000
Arbitration fee	$ 17,700	¥ 115,084.30

Program Rights and Intangible40

Program Rights and Intangible Assets, Net (Details) - USD ($)	Dec. 31, 2015	Dec. 31, 2014
Summary of program rights and intangible assets
Program rights, gross	$ 7,120,088	$ 7,120,088
Less: accumulated amortization	(613,119)	(613,119)
Less: impairment charges	$ (6,506,969)	$ (6,506,969)
Program rights, net
Program rights [Member]
Summary of program rights and intangible assets
Program rights, gross	$ 20,692	$ 20,692
Less: accumulated amortization	$ (20,692)	$ (20,692)
Program rights, net

Program Rights and Intangible41

Program Rights and Intangible Assets, Net (Details Textual) - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2011
Program Rights and Intangible Assets, Net (Textual)
Intangible assets useful life	Over the lives of the Exclusive Cooperation Agreements of 30 years for Taiyuan JV.
Finite lived intangible assets, fully impaired		$ 6,506,969
Program rights [Member]
Program Rights and Intangible Assets, Net (Textual)
Program rights expected useful life	1 year

Dividend Payable (Details)

Dividend Payable (Details) - USD ($)	Dec. 31, 2015	Dec. 31, 2014
Summary of dividend payable
Dividend payable	$ 1,169,513	$ 935,038

Dividend Payable (Details Textu

Dividend Payable (Details Textual)	12 Months Ended
	Dec. 31, 2015
Dividend Payable (Textual)
Preferred shares annual dividend rate	5.00%

Other Payables to TV Stations44

Other Payables to TV Stations (Details) - USD ($)	Dec. 31, 2015	Dec. 31, 2014
Summary of other payables to TV Stations
Payable to TV station	$ 1,207,773	$ 1,281,133
Kunming TV Station [Member]
Summary of other payables to TV Stations
Payable to TV station	77,175	77,175
China YR TV Station [Member]
Summary of other payables to TV Stations
Payable to TV station	$ 1,130,598	$ 1,203,958

Other Payables to TV Stations45

Other Payables to TV Stations (Details Textual) - USD ($)	Dec. 31, 2015	Dec. 31, 2014
Other Payables To TV Stations (Textual)
Payable to TV station	$ 1,207,773	$ 1,281,133
Kunming TV Station [Member]
Other Payables To TV Stations (Textual)
Payable to TV station	$ 77,175	$ 77,175

Accrued Liabilities (Details)

Accrued Liabilities (Details) - USD ($)	Dec. 31, 2015	Dec. 31, 2014
Summary of accrued liabilities
Business and other taxes payable		$ 190
Accrued expenses	$ 15,000	25,000
Accrued salary	915	3,640
Accrued liabilities	$ 15,915	$ 28,830

Related Party Transactions (Det

Related Party Transactions (Details) - USD ($)	Dec. 31, 2015	Dec. 31, 2014
Related Party Transactions (Textual)
Due to related parties	$ 59,750	$ 59,750

Income Tax (Details)

Income Tax (Details) - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Income taxes, net
BVI Enterprise Income Tax
Income taxes, net
Hong Kong Profits Tax
Income taxes, net
PRC Enterprise Income Tax
Income taxes, net

Income Tax (Details 1)

Income Tax (Details 1) - USD ($)	Dec. 31, 2015	Dec. 31, 2014
Deferred Tax Assets and Liabilities:
Net operating loss carry forwards	$ 154,423	$ 274,742
Valuation allowance	$ (154,423)	$ (274,742)
Net deferred tax assets

Income Tax (Details Textual)

Income Tax (Details Textual) - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Income Tax (Textual)
Income tax statutory rate	25.00%
Income tax
Hong Kong [Member]
Income Tax (Textual)
Income tax statutory rate	16.50%	16.50%
Income tax

Shareholders' Equity (Details)

Shareholders' Equity (Details) - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Jun. 29, 2009
Class of Stock [Line Items]
Common stock, shares authorized	500,000,000	500,000,000
Common stock, par value	$ 0.0001	$ 0.0001
Common stock, shares issued	83,158,778	83,158,778
Common stock, shares outstanding	83,158,778
Preferred shares annual dividend rate	5.00%
Class A Preferred Shares, liquidation preference	$ 4,689,506	$ 4,689,506
Dividend payable	$ 1,169,513	$ 935,038
Class A Preferred Shares, shares issued	4,689,506	4,689,506
Class A Preferred Shares, shares outstanding	4,689,506	4,689,506
Common Stock [Member]
Class of Stock [Line Items]
Common stock, par value			$ 0.0001
Common stock, shares issued	4,689,506	4,689,506
Common stock, shares outstanding	4,689,506	4,689,506	12,927,888
Class A Preferred Stock [Member]
Class of Stock [Line Items]
Redeemable preferred shares	16,000,000
Preferred shares annual dividend rate	5.00%
Discount rate of ordinary shares	5.00%
Description of arrears payment	Each Class A Preferred Share is entitled to receive a cumulative dividend, which will be accrued at a rate of 5% per annum, and will be payable semi-annually on June 30 and December 31, and in arrears in cash or at the Company's option, in Ordinary Shares of the Company at a 5% discount to the trailing 10-day volume-weighted average trading price of the Company's Ordinary Shares on the principal trading market.
Class A Preferred Shares, liquidation preference	$ 16,000,000
Description of liquidation preference	If the closing price of the Company's ordinary shares on the principal trading market on which they are quoted is less than $0.50 upon the 24 month anniversary of the transaction contemplated by the Exchange Agreement, then the liquidation preference may increase by 31.25% per Class A Preferred Share and the rights to convert into ordinary shares some or all of the Class A Preferred Shares held by such holder at such holder's option, at any time, at a ratio of one Ordinary Share for each Class A Preferred Share.

Concentrations, Risk and Unce52

Concentrations, Risk and Uncertainties (Details) $ in Thousands	Dec. 31, 2015USD ($)
Concentrations, Risk and Uncertainties (Textual)
Accounts receivable due from customers
Balances not insured by FDIC	$ 180

Commitments and Contingencies (

Commitments and Contingencies (Details)	12 Months Ended
	Dec. 31, 2015USD ($)
Commitments and Contingencies (Textual)
Rent expense	$ 3,171

Parent Only Financial Stateme54

Parent Only Financial Statements (Details) - USD ($)	Dec. 31, 2015	Dec. 31, 2014
CURRENT ASSETS
Loan receivable from CNM
TOTAL ASSETS	$ 183,097	$ 304,955
CURRENT LIABILITIES
Other payable		935,038
TOTAL LIABILITIES	2,452,951	2,304,751
China Networks International Holdings, Ltd. equity:
Class A Preferred Shares at $0.0005 par value; (50,000,000 shares authorized, 4,689,506 shares issued and outstanding at December 31, 2015 and 2014; liquidation preference of $4,689,506)	2,345	2,345
Common stock at $0.0001 par value; (500,000,000 shares authorized, 83,158,778 shares issued and outstanding at December 31, 2015, and 83,158,778 shares issued at December 31, 2014)	8,318	8,318
Additional paid-in capital	26,124,907	26,124,907
Accumulated deficit	(30,497,901)	(30,155,935)
Accumulated other comprehensive income	1,012,914	941,006
Total shareholders' equity	(3,349,417)	(3,079,359)
TOTAL LIABILITIES AND EQUITY	183,097	304,955
Parent [Member]
CURRENT ASSETS
Loan receivable from CNM	2,791,304	2,791,304
Total current assets	$ 2,791,304	$ 2,791,304
Investment in subsidiaries
TOTAL ASSETS	$ 2,791,304	$ 2,791,304
CURRENT LIABILITIES
Other payable	1,184,513	935,038
TOTAL LIABILITIES	1,184,513	935,038
China Networks International Holdings, Ltd. equity:
Class A Preferred Shares at $0.0005 par value; (50,000,000 shares authorized, 4,689,506 shares issued and outstanding at December 31, 2015 and 2014; liquidation preference of $4,689,506)	2,345	2,345
Common stock at $0.0001 par value; (500,000,000 shares authorized, 83,158,778 shares issued and outstanding at December 31, 2015, and 83,158,778 shares issued at December 31, 2014)	8,318	8,318
Additional paid-in capital	26,124,907	26,124,907
Accumulated deficit	(24,719,127)	(24,469,652)
Accumulated other comprehensive income	190,348	190,348
Total shareholders' equity	1,606,791	1,856,266
TOTAL LIABILITIES AND EQUITY	$ 2,791,304	$ 2,791,304

Parent Only Financial Stateme55

Parent Only Financial Statements (Details 1) - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
OPERATING EXPENSES
General and administrative expense	$ 107,988	$ 285,783	$ 530,998
Total operating expenses	107,988	285,783	530,998
LOSS FROM OPERATIONS	$ (107,988)	$ (285,783)	(530,998)
INCOME TAX
NET LOSS ATTRIBUTABLE TO CHINA NETWORKS INTERNATIONAL HOLDINGS, LTD.	$ (107,491)	$ (284,673)	(514,431)
Dividend on preferred stock	(234,475)	(234,475)	(85,234)
COMPRHENSIVE LOSS	(270,058)	(638,220)	$ (501,744)
Parent [Member]
OPERATING EXPENSES
General and administrative expense	15,000	104
Total operating expenses	15,000	104
LOSS FROM OPERATIONS	$ (15,000)	$ (104)
INCOME TAX
NET LOSS ATTRIBUTABLE TO CHINA NETWORKS INTERNATIONAL HOLDINGS, LTD.	$ (15,000)	$ (104)
Dividend on preferred stock	(234,475)	(234,475)
COMPRHENSIVE LOSS	$ (249,475)	$ (234,475)

Parent Only Financial Stateme56

Parent Only Financial Statements (Details 2) - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Net cash used in operating activities	$ (121,515)	$ (366,226)	$ (588,441)
CASH - BEGINNING OF PERIOD	304,955	663,078	2,117,731
CASH - END OF PERIOD	$ 183,097	304,955	663,078
Parent [Member]
Net cash used in operating activities		(104)
CASH - BEGINNING OF PERIOD		$ 104
CASH - END OF PERIOD			$ 104
Non-cash investing and financing activities:
Cancellation of common stock subject to repurchase		$ 236,400
Relaxation of restricted cash		$ 236,400

Parent Only Financial Stateme57

Parent Only Financial Statements (Details Textual) - USD ($)	Dec. 31, 2015	Dec. 31, 2014
Parent Only Financial Statements (Textual)
Class A Preferred Shares, par value	$ 0.0005	$ 0.0005
Class A Preferred Shares, shares authorized	50,000,000	50,000,000
Class A Preferred Shares, shares issued	4,689,506	4,689,506
Class A Preferred Shares, shares outstanding	4,689,506	4,689,506
Class A Preferred Shares, liquidation preference	$ 4,689,506	$ 4,689,506
Common stock, par value	$ 0.0001	$ 0.0001
Common stock, shares authorized	500,000,000	500,000,000
Common stock, shares issued	83,158,778	83,158,778
Common stock, shares outstanding	83,158,778
Parent [Member]
Parent Only Financial Statements (Textual)
Class A Preferred Shares, par value	$ 0.0005	$ 0.0005
Class A Preferred Shares, shares authorized	50,000,000	50,000,000
Class A Preferred Shares, shares issued	4,689,506	4,689,506
Class A Preferred Shares, shares outstanding	4,689,506	4,689,506
Class A Preferred Shares, liquidation preference	$ 4,689,506	$ 4,689,506
Common stock, par value	$ 0.0001	$ 0.0001
Common stock, shares authorized	500,000,000	500,000,000
Common stock, shares issued	83,158,778	83,158,778
Common stock, shares outstanding	83,158,778	83,158,778
Restricted asset in percentage of net asset, percentage	25.00%