LeEco Seeks to Sell Property Assets as Cash Crunch Continues

 /  Money  / 
LeEco is seeking to sell a prime piece of real estate in Beijing's Sanlitun entertainment district, the Shimao Gongsan, that it bought in 2016 for US$420 million, according to Reuters. Read More

Apple in Beijing’s Sights Over Live Streaming

 /  Legal  / 
Live-streaming apps have come under greater scrutiny from regulators, in part due to the spread of sexually suggestive or explicit performances carried by them, but also for the potential of some to showcase instances of civil unrest. Read More

TCB In RMB: Le Eco Woes, Gu Crows, CAA & IMAX Grow

 /  Money  / 
Premiere Age’s market capitalization stood at RMB 602 million ($87 million) at Thursday's close, meaning the company is poised to reap a 3168.99% premium from its sale to Great Wall Movie And Television. Fifth Generation director/cinematographer Gu Changwei and his actress-wife, Jiang Wenli stand to cash out some RMB 800 million ($116 million) through the deal. Read More

China’s Biggest Movie Mogul Doesn’t Go to the Movies

 /  News  / 
Wang Jianlin “only goes to the cinema once a year, with his mother," according to a Financial Times report this week which cited an associate of the Dalian Wanda Group CEO. Read More

On Screen China: ‘Furious’ Decelerates; ‘Smurfs’ Through Rose-Tinted Glasses

 /  Box Office  / 
Demand for 'Furious 8' may already be waning after its historic opening weekend. The culprit isn’t negative word of mouth, nor is it the typical frontloading caused by rabid fans snapping up cheap seats on opening weekend; rather, the fate of 'The Fate of the Furious' is tied directly to a fundamental issue in the Chinese film market: screen allotment. Read More

China Film Insiders: Melanie Ansley

 /  China Film Insiders  / 
What’s important is to take the pulse of everybody in terms of what projects are going on: where are they getting their financing? Who’s behind it? What are these companies after and what are they making? The China Hollywood Society gives me the opportunity to talk to people I might not otherwise meet, about work I might not normally hear about. Read More

Classic 1987 Arcade Game ‘Contra’ Set To Become Movie

 /  News  / 
Contra, the 1987 classic arcade game by Konami, is set to become a live-action feature film, it was revealed in Beijing on Wednesday. The project was one of three scripts by Beijing Starlit Movie and TV Culture approved by China’s film bureau this month. While the plot of the film is similar to the classic Read More

China’s Road Pictures Set To Remake ‘Run Lola Run’

 /  News  / 
Beijing-based Road Pictures has secured remake rights to "Run, Lola Run," the company’s chairman Cai Gongming announced at an event on the sidelines of the Beijing International Film Festival. Read More

Domestic Vs Import Box Office: Appearances Can Deceive

 /  Box Office  / 
Looking at the box office split between foreign and Chinese films this year, it’s easy to conclude China is a balanced market: imports lead slightly with a 52% market share through April 18. But huge imbalances lie behind those numbers. Read More

Who’s Minding the Store in China?

 /  Legal  / 
It’s one thing to sell knockoff Mickey Mouse backpacks at a mall in Nanchang, where you could clear out in a day if you had to. It’s quite another to build and operate a theme park. Read More

BOX OFFICE BEST

10-16 April
FILMS THIS WEEK GROSS WEEK NO.
THE FATE OF THE FURIOUS 192.1 192.1 1
A CHINESE ODYSSEY PART TWO:CINDERELLA 17.2 17.2 1
GHOST IN THE SHELL 6.7 28.5 2
KONG: SKULL ISLAND 5.7 167.3 4
THE DEVOTION OF SUSPECT X 4.6 57.7 3
Results: ARTISAN GATEWAY (US$ M)

MONEY ON THE MOVE

YAHOO! FINANCE
NAME PRICE CHANGE CHANGE %
IMAX $31.85 -0.77 -2.38%
BONA $13.63 0.00 0.00%
300027 $10.49 0.21 2.04%
RENN $1.65 -0.01 -0.90%
SINA $69.08 -0.64 -0.92%

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