Former Microsoft Executive Lu Qi Steps Down as Board Member of iQiyi
Following Lu Qi’s resignation as Baidu COO last month, Chinese online video platform iQiyi announced yesterday that Lu Qi had resigned as iQiyi’s board member and chairman of the remuneration committee with effect from June 14. Meanwhile, Baidu Senior Vice President Wang Haifeng and Ctrip CEO Sun Jie will join the board. Baidu CFO Yu Zhengjun is named the new chairman of the company’s remuneration committee. During Lu’s sixteen-month tenure at Baidu, he made a significant contribution toward improving the company’s products and organizational design. It’s rumored that Lu Qi might join another Chinese tech giant, either Alibaba, Tencent, or Xiaomi, to lead an AI department. Read more on entgroup.cn
Most Anticipated 2018 Summer Movies in China
Baidu index, Weibo index, WeChat index, and data from ticketing platforms are the metrics commonly used to measure Chinese moviegoers’ level of anticipation for an upcoming film. Most ticketing platforms allow users to mark the movies they are looking forward to watch. Data collected through this feature is often used by theater managers to decide how many screenings a film gets. This article categorizes 20 upcoming releases into difference categories and predicts the most anticipated 2018 summer movies in China. Among the films that generated buzz through star power, Animal World is the most anticipated one. In addition, Escape Plan 2: Hades is the most anticipated genre movie and Jiang Wen‘s Hidden Man is the most anticipated indie/artsy movie. Read more on Entertainment Capital
Wong Kar-wai’s ‘Days of Being Wild’ Set for June 25 Theatrical Release in China
Celebrated filmmaker Wong Kar-wai‘s 1990 Hong Kong drama film Days of Being Wild will be theatrically released in mainland China on June 25 through the country’s National Alliance of Arthouse Cinemas. Starring Leslie Cheung, Meggie Chueng, and Andy Lau, the film was released in Hong Kong in December of 1990 and went on to win five awards, including Best Picture and Best Director, at the 10th Hong Kong Film Awards. In 2005, Hong Kong Film Awards released a list of top 100 Chinese language films where Days of Being Wild was ranked No.3. Read more on Mtime
