Six Technology Trends Every Film Professional Should Know
While market trends are important for film professionals to be aware of, here are six equally important technology trends: 1. As over 75% of video content was consumed on mobile devices in China in 2018, the market will see more and more vertical videos produced specially for mobile viewers; 2. The rise of cinemagraphs. Cinemagrphs are still photographs in which a minor and repeated movement occurs, forming a video clip, which can give the illusion that the viewer is watching animation; 3. The return of VR content to be used in films, games, ads, and more; 4. The charm of long-formed videos will still be recognized; 5. video content of higher fidelity will be popularized thanks to the development of technology; 6. more interactivity will be integrated in video content. Read more on www.camera-man.cn
These Golden Globe Winners Will be Released in China
The winners of the 76th Golden Global Awards have been unveiled. So which ones will be released in China? Yesterday, Alibaba Pictures released a Chinese poster of Green Book, indicating that the film is likely to be imported into China. Alibaba is a co-producer of the film and has acquired the film’s China rights at a flat fee, according to sources familiar with the matter. Today, Chinese online streaming platform iQiyi announced that it had acquired online streaming rights to three Golden Globe winning films, including Bohemian Rhapsody, First Man and A Star Is Born. What’s more, China’s Joy Pictures, which brought Oscar winning film La La Land to China in 2017, has acquired China rights to Roma several months ago. Currently, the film is being reviewed by Chinese censors. Read more on yiqipaidianying
One Third of Entertainment Firms Are Expected to Quit in 2019
CEC Capital Founder Wang Kai predicts that one third of entertainment firms will quit in 2019 and it’s not necessarily a bad thing. It has been discussed numerous times that 2018 was a tough year for the film industry in China. Since 2017, China’s media regulators have been tightening control over entertainment content and celebrity salaries. Meanwhile, due to the country’s economic environment and crackdown on tax evasions, capital is also leaving the film sector. While this is not a pleasant reality to face, many believe that this is a necessary process to eliminate market bubble and make the film industry less capital-driven and more passion-driven. Read more on entgroup.cn
