Headlines from China: Beijing Culture and Enlight Media Are The Winners in Q3

Beijing Culture and Enlight Media Are The Winners in Q3

As of October30, almost all Chinese film and TV companies listed in the A-share market have released their Q3 reports. Overall, the entertainment sector is recovering from a bad Q2, but only a small number of companies are making profits and reporting revenue growth. Among all the listed companies, the biggest winners in Q3 are Enlight Media and Beijing Culture, which produced box office hits Ne Zha and The Wandering Earth, respectively. Meanwhile, Huayi Brothers continued to struggle in Q3, as its big budget film Eight Hundred still hasn’t scored a release date. Another company that’s still recovering from the damaging effects of Fan Bingbing’s tax scandal is Talent Television & Film Co. Currently, Talent TV & Film Co. is reshooting certain scenes of its drama series The Legend of Ba Qing in order to replace Fan Bingbing with a new face. It remains to be seen if the revised version will eventually pass censorship. Read more on Ent Group

Johnnie To’s New Film Nabs Mainland Release

Chasing Dream, the latest film made by Hong Kong filmmaker Johnnie To, has locked down its release date in mainland China, which is November 8. Starring Jacky Heung and Keru Wang, the film centers around the romantic relationship between a male boxer and a young woman who dreams to become a singer. Earlier this year, To resigned from the jury of the 56th Golden Horse Awards as jury president due to his “contract with investors of his new film.” Although at the time To didn’t specify which film is, it is hight possible that Chasing Dream is the film that To referred to. Read more on Mtime