TCB in RMB: Alibaba Forges a Stronger Alliance with Pokemon

 /  Money  / 
Alibaba Pictures, the film arm of China’s e-commerce giant Alibaba, launched an immersive experience park in Hangzhou, where Alibaba is headquartered. Read More

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

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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

Xiaomi Pictures Beats a Retreat from Filmmaking

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The company is paring back its involvement in filmmaking from production and marketing to just investing as the device maker refocus on its core business. Chinese technology company Xiaomi is radically scaling back its filmmaking division amidst market-share struggles and high-level executive changes as the firm continues to overhaul it business. Barely a year after Read More

Senior Alibaba Pictures Executive Detained For Suspected Bribery

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Another senior executive at Alibaba Group Holding Ltd.'s movie production arm has been detained under suspicion of corruption, according to multiple local media reports. Read More

Alibaba Buys 30 Percent Stake in Hehe Pictures

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Alibaba Pictures Group will acquire a 30 percent strategic stake in Chinese film investment company Hehe Pictures, becoming its second-largest shareholder. Read More

Private Studios Are Flourishing: Part 10 of the CFI Guide

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The makeup of China’s film industry has been transformed since the country’s ascension to the WTO at the turn of the century. Read More

Steven Spielberg’s Amblin Partners, Alibaba Pictures Announce Partnership

 /  Money  / 
Steven Spielberg's Amblin Partners and Chinese e-commerce and media giant have announced a partnership to co-produce films for global and Chinese audiences. Read More

Alibaba, HTC Announce Virtual Reality Partnership

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Chinese tech giant Alibaba’s cloud computing division Alicloud and Taiwan device maker HTC announced a strategic alliance in virtual reality on Tuesday. Read More

Alibaba Pictures Launches $300M Investment Fund

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Alibaba Pictures Monday announced it has established a RMB 2 billion ($300 million) fund to invest in film and TV companies, despite an expected increase in first half-year 2016 losses of RMB 400-450 million. Read More

‘Turtles’ Reboot, Wanda’s 1st Hollywood Bet, to Screen Late in China

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Canadian star Stephen Amell is active on social media platform Weibo, where Chinese fans call him “Sugar Brother.” Read More