Headlines from China: Huanxi Media Group Saw Steady Growth in 2019

Huanxi Media Group Saw Steady Growth in 2019

Huanxi Media Group published its 2019 business performance report recently. According to the report, Huanxi Media Group has made a very profitable year in 2019 with its high return film investment and a new steadily growing sector in streaming service. Notably, the two films that Huanxi invested last year—My People, My Country and Crazy Alien are No.4 and No.6 respectively on the list of 2019 highest-grossing films in China. In addition, Peter Chan’s Leap and Li Na, as well as Zhang Yimou’s One Second, both produced by Huanxi, are eyeing 2020 theatrical releases. Read more on 1905.com

The Long-awaited Web Series ‘Candle in the Tomb: The Lost Caverns’ Debuted

The “Candle in the Tomb” franchise welcomed its ninth adaptation The Lost Caverns debuted on Tencent Video yesterday. Produced by the same team that created the widely acclaimed The Wrath of Time last year, The Lost Caverns successfully generated heated discussion on Weibo and scored a high 8.4/10 on Douban at debut yesterday. The audience expectation is high for this new adaptation. Can it be this year’s first hit show online? Read more on yuledujiaoshou