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

Alibaba to Release ‘Last Race’ About Second Act of ‘Chariots of Fire’ Missionary

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The film tells the story of Scottish gold medalist Eric Liddell's life in a Japanese internment camp during WWII. Read More

Silicon Valley Funding Site DreameGGs Tries to Hatch U.S.-China Films

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Investors don’t buy equity in individual movie projects but in a DreameGG subsidiary in the Shanghai Free Trade Zone. Read More

China’s Struggling Screenwriters Fear Being Cut by Alibaba Pictures Proposal

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Last week, Alibaba Pictures vice president Xu Yuanxiang set off a firestorm of controversy among China’s screenwriters when he proposed a new model for crowdsourcing film scripts online that potentially would bypass industry professionals altogether. Read More