DAILY BRIEF: Apr 4, 2017

NEWS YOU SHOULDN’T MISS

  • 1

    Weak March Means China Box Office Recovery Is Not Yet in Sight

    China’s theatrical box office showed no sign of recovery in the first quarter of the year, with a weak March following an up-and-down first two months of 2017. Variety

  • 2

    Shanghai Media Uploads ‘Explorers’ Web Show at MipTV

    Shanghai Media Group is no stranger to MipTV. But with “Celebrity Explorers,” the company is hitting the Riviera for the first time as a purveyor of TV content originally made for the Internet. Variety

  • 3

    China's Wanda Cinema Line Rebrands, Reveals Profit Up 15 Percent for 2016

    Wanda Film plans to spend about 2 billion yuan ($290 million) to open 80 cinemas across China in 2017. The company says its exhibition operations currently account for 14.5 percent of China's total box office. The Hollywood Reporter

  • 4

    China's Huayi Brothers Reports 17 Percent Profit Fall for 2016

    Hit by a downturn in local box-office growth, leading Chinese film studio Huayi Brothers Media Co. reported last week that it had suffered its first decline in net profit since going public on the Shenzhen stock exchange eight years ago.   The Hollywood Reporter

  • 5

    Fun and Games: Virtual Reality Games Are Poised to Enjoy Huge Growth in China, Thanks to Technological Breakthroughs

    Tech innovations showcased at CES 2017 in January promise a more immersive experience soon in living rooms. South China Morning Post