Alibaba Pictures Posts $139 Million 2016 Loss

 /  Money  / 
The company blamed soaring sales and marketing of RMB 1.1 billion (US$159.6 million) for the expanded loss, which compared with an RMB 466 million net profit in the previous year. Read More

Alibaba Integrates Cultural, Entertainment Resources in Strategic Partnership with Alibaba Pictures

 /  News  / 
Alibaba Group, aggressive in seeking new growth engines amid the country’s economic slowdown, has been ramping up efforts to make inroads into the country’s entertainment industry in recent years. Read More

China’s Film Industry Online, Part 3. Production and Distribution Converge in Cyberspace

 /  Legal  / 
This is the third in a series of posts looking at developments in China’s digital ancillaries market. Part I is here and Part II is here. In this post I comment on the impending online convergence of motion picture production and motion picture distribution in China. Online giants Baidu, Alibaba and Tencent (collectively, “BAT”) have each Read More

China’s Film Industry Online, Part 2. Mobile is Key

 /  Legal  / 
This is the second in a series of posts on developments in China’s digital ancillaries market. Part 1 is here. In this post I consider the potential for growth in ancillary revenues from handheld devices. With around 380 million Internet shoppers expected by 2016, China is leading the world in online consumption. As Alibaba founder, Read More