TCB in RMB: Wanda Reports Half-Year Income Jump

 /  Money  / 
Dalian Wanda Group, China’s property, and entertainment giant, reported overall revenue of RMB 134.9 billion (US$19.8 billion) for the first six months of 2017, an increase of 12.4 percent year-on-year. Read More

Alibaba Buys Indian Ticketing Company TicketNew

 /  Money  / 
Alibaba Group’s entertainment arm Alibaba Pictures Group has acquired a majority stake in Indian online ticketing platform TicketNew for an undisclosed amount, marking a further push into entertainment by the firm. Read More

10 of the Best Performing Chinese Tech Companies in Q1

 /  News  / 
Major listed Chinese tech firms have released their latest quarterly results, and most of them delivered strong performances. Here’s a roundup of some of the top performers, including BAT, JD, Weibo, and Momo. Read More

China’s Mobile Video Sector Will Soon Pass 1 Billion Monthly Active Users

 /  News  / 
Adding together online video content, live streaming, and short videos, the category grew 35.6% year on year in March to almost 920 million MAU. There was an increase of over 12 million users just from February to March, more than the entire population of Belgium. Read More

Wanda Cinema Line to Go Head to Head with Alibaba, Baidu, Tencent in Online Video

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China’s already crowded online video streaming market looks set to have a new challenger with Wanda Cinema Line, the theatrical exhibition arm of Chinese property development giant Dalian Wanda, set to launch its own video streaming website this year. 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

TCB In RMB: Pirates, Racers, Zombies, Oz

 /  Money  / 
TCB In RMB is a weekly summary of important developments in the Chinese entertainment business. 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

iQiyi Nabs Rights to ‘Moonlight,’ ‘La La Land’

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Video streaming service iQiyi announced Tuesday it had secured exclusive streaming rights to Academy Award-winning films Moonlight and La La Land as well as the best foreign language film, The Salesman. Read More

China Live Streaming: Five Home Truths for Luxury Brands

 /  News  / 
In a world where brevity is the norm when it comes to getting the message across, live streaming is one of the few formats where long content is still very welcome. Read More