Universal Studios Beijing Still Plans on a 2021 Opening Despite COVID-19 Outbreak

 /  News  / 
Universal Studios Beijing is still on track for its scheduled opening in May of 2021 with construction expected to be completed by the end of 2020 despite the challenges presented by the COVID-19 outbreak. Read More

Headlines from China: China’s Film Investors Ask for Government Support Amid Coronavirus Outbreak

 /  Headlines From China  / 
In a public letter to the government, film investors ask for favorable policies to help the film industry overcome challenges caused by the ongoing coronavirus outbreak. Read More

Headlines from China: Beijing Culture Transfers Ownership to State-owned Enterprise

 /  Headlines From China  / 
This past year has seen an increasing number of state-owned enterprises acquiring stakes in private film and TV companies. Read More

ByteDance Eroding Ad Revenue Share from BAT: report

 /  Money  / 
Bytedance, creator of viral short video apps Douyin and TikTok as well as news aggregation app Toutiao, is continuing to take ad revenue share from China’s top tech firms Baidu, Alibaba, and Tencent. 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

Headlines from China: Hengdian Film Studio Prepares for Returning to Normality 

 /  Headlines From China  / 
Hengdian World Studio is in preparation for a gradual return to normality, although the process is tightly controlled.  According to a guideline from the studio's management team, the resumption will be implemented in three phases. Read More

Kuaishou Earned Revenue of $7.2 Billion in 2019: report

 /  News  / 
Chinese video-sharing app Kuaishou generated RMB 50 billion (around $7.2 billion) in revenue in 2019, with live-streaming revenue accounting for the largest share. Read More

Headlines from China: Will Oscar Winners Premiere Online in China?

 /  Headlines From China  / 
Seven of this year's Oscar-winning films will be released on Chinese video streaming site iQiyi. However, it's unclear if these films will premiere in Chinese theaters before they go online. 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