On August 4, Alibaba Pictures announced it will release a new digital entertainment platform for IP rights holders to connect with each other. Read More
LeEco still owes 414 million yuan in total to at least 24 film companies in China, among which is Jiaxing Media, owned by Chinese actress Yang Mi. Read More
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 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
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
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 Pictures Group will acquire a 30 percent strategic stake in Chinese film investment company Hehe Pictures, becoming its second-largest shareholder. Read More
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
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