Market Research Shows That Over 40% Theaters Believe That They Would Go Bankrupt This Year
In a recent market research conducted by Chinese Film Distribution Association, a staggering 40% of the interviewed theaters believe that they would have to permanently close their businesses this year. Until the end of March, 20% theaters nationwide have laid off employees, and 12% theaters have downgraded their pay rate, but there are also 68% theaters have vowed not to lay off any employees. Among these affected theaters, small-sized theaters were hit the hardest. Read more on Mtime
Trending TV Series ‘Get Married or Not’ Winning Hearts of Unmarried Young People
Along with the “divorce cool-off” law got approved in this year’s “two sessions”, a marriage-themed TV series “Get Married or Not” is winning the hearts of young audiences who are not married. Adopted from the Japanese series “Don’t Marry”, “Get Married or Not” has also scored a high 7.3 out of 10 on China’s TV & film review website Douban. Chinese TV producers like to adopt Japanese TV series because of the relatively low licensing fee and similarities between these two cultures, but most of these adopted works did not perform well because of the lack of localization. Read more on movie-bigbang
