Covid-19 Costs Leading Movie Ticket Agent $28 Million in Refunds

 /  News  / 
Leading online movie ticketing agent Maoyan Entertainmen thad to refund a hefty 200 million yuan ($28 million) in the final days of January as most of the nation’s cinemas shut down in a matter of days at the height of the coronavirus outbreak, the company said. Read More

More than 500 Cinemas Reopen in China as New Virus Cases Near Zero

 /  News  / 
As of March 21, a total of 507 cinemas across China had reopened to moviegoers, representing 4.5% of the total cinemas operating in the country. Read More

ByteDance’s TikTok Names Former U.S. Defense Staff as Security Head

 /  News  / 
ByteDance’s social media app TikTok has announced that it has hired cyber security executive and former U.S. defense staff Roland Cloutier as its newly created chief information security officer. The announcement comes as the company wrestles with U.S. concerns over its handling of private user data. Read More

ByteDance-Owned TikTok Was World’s Most Downloaded Social Media App in January

 /  News  / 
With 104.7 million downloads, TikTok became the world’s most downloaded social media app in January. The figure represented a 46% increase compared to the same month last year. Read More

Local Governments Assist Filmmakers Stricken by Covid-19

 /  News  / 
Government agencies in Beijing and Jiangsu province have rolled out new measures to support their local film industries, which are shaping up as one of the biggest casualties during the Covid-19 outbreak with the shuttering of theaters and production studios. Read More

Alibaba-Owned Video-Streaming Service Youku Signs Drama Deal with BBC Studios

 /  News  / 
Alibaba-owned online video platform Youku has clinched a drama content deal with BBC Studios, making it the largest library of British drama shows in China. Read More

ByteDance-Owned Apps See Sharp Surge in China Downloads Amid Outbreak

 /  News  / 
App Annie told Caixin that the explosion in downloads of the Jinri Toutiao and Xigua Video in January stemmed from a “stay-at-home” advisory issued by the government due to the coronavirus outbreak and the premiere of 'Lost in Russia' on the two platforms. Read More

Cinema Operators Left in Dark Amid Coronavirus Containment Efforts

 /  Money  / 
Cinema operators were already going through their own growing pains even before the broader film industry’s latest difficulties, after a building boom led to oversupply of screening venues. Read More

Beijing Enlight Media Announces One Billion Yuan Investment in Animation

 /  News  / 
Producer of smash hit ‘Nezha’ Beijing Enlight Media said it will invest about 1 billion yuan ($145 million) over the next five years to adapt comic content into animated productions. Read More

Video App Douyin Shatters Some Stereotypes About Its Enormous User Base

 /  Chinasplaining  / 
Short video app Douyin has passed 400 million daily active users, its operator announced Sunday in a visual report that includes previously undisclosed insights on the app’s domestic users and the types of videos they view and create. Read More

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