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Metals-Turned-Movie-Maker Collapses Amid Film Industry Downturn

Sep 25, 2019 / News /

A Chinese company that started life as a metals firm and transformed into a film studio betting on the domestic industry’s bright prospects has gone bust as the sector slows. Read More

In Depth: Is China’s Animation Industry Ready to Take Off?

Sep 16, 2019 / Animations /

China’s animation industry is on a rising path after a long period of slow growth, signaling huge market potential, analysts said. Investors are also turning to animation as production costs are lower without casts of real people and with relatively less regulatory risk. Read More

Douyin’s Short-Video Creators Get More Audience-Targeting Tools

Aug 28, 2019 / News /

The tools — including one for traffic optimization and a new content management system —will allow 10 million more people to make money on the platform in the next 12 months, said Zhi Ying, Douyin’s general manager for marketing. Read More

Tencent Taps Teen Market With Anime Investment

Aug 27, 2019 / News /

In announcing the investment on Tuesday, Kuaikan didn’t detail how the money will be spent, but highlighted its ambition to become the “Disney of the new era.” Read More

China Puts Down ‘Overly Entertaining’ Shows Ahead of Anniversary

Aug 2, 2019 / News /

China’s television regulator banned broadcasters from showing any costume or pop idol dramas that are “overly entertaining” in advance of the 70th anniversary of the People’s Republic on Oct. 1. Read More

Wanda Fire Sale Continues With Sputtering Sports Unit IPO, Studio Stake Sale Talks

Jul 29, 2019 / News /

After raising $190 million through that share sale, which was already far less than its original target, Wanda Sports Group’s new stock proceeded to tank 35.5% in its first day of trading on the Nasdaq. Read More

In Depth: China’s Cinema Business Faces a Bad Scene

Jul 23, 2019 / Opinion /

Industry observers said the movie theater industry is likely approaching a period of consolidation as the business faces abundant challenges: a drop in viewership even as cinema chains have continued to add theater screens, insanely high rents that eat into profits, and a government-imposed limit on foreign titles. Read More

For China’s Studios, Movies Have Lost Their Magic

Jul 18, 2019 / News /

All but one of the 13 listed Chinese film studios that had released first-half earnings forecasts by Tuesday expect to see either their profits fall or sink into the red amid tighter government scrutiny over the industry. Read More

Four Things to Watch in China’s Film Industry

Jul 1, 2019 / News /

China’s film market has become one of the two major drivers of global box office growth in recent years, but if strong growth is to continue its local industry will need more confidence, patience, and professional workers, market watchers say. Read More

As China’s Movie Industry Slumps, Executives Debate Its Future

Jun 23, 2019 / News /

At a recent panel at the Chinese Film Industry Summit in Shanghai, several industry bigwigs, including the heads of Shanghai Film Group Co. Ltd., China Film Group Corp., Alibaba Pictures Group Ltd. and Beijing Enlight Media Co. Ltd., discussed how to get the business back on track. Read More

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