WeChat media account yiqipaidianying took a look at the profitability of box office top 50 and found that only 12 of them made a profit, 6 broke even while the remaining 32 lost money. Read More
The majority of the top 10 most profitable Chinese companies are banks or insurance companies. Exceptions include internet companies Tencent and Alibaba. Read More
China’s internet industry is one of the most active across the globe and as a new report by Abacus, 500 startups, and South China Morning Post shows just why. Read More
How do you know when a copyright has been infringed? For years, this wasn’t even a question people asked in China because it was so obvious. Slowly but surely, though, China’s enforcement of copyright infringement has improved. Read More
At a recent event, Wanda Film President Zeng Maojun introduced the company's business activities across the world. Zeng stressed the importance of integrating film IPs into the companies' other products and services, saying that Disney is Wanda's role model in terms of IP development and monetization. Read More
Chinese game company Perfect World has partnered with Valve to launch a localized version of Steam. The partnership aims to provide Chinese gamers and developers with a new channel to access games and other entertainment products on Steam’s distribution platform. Read More
Major entertainment and cultural players are moving aggressively into the IP game. The attractive Chinese market holds challenges and opportunities. The theme of China’s reliance on international IP is still strong, but demands in emotional reciprocity and generation Z’s rise are creating a new landscape. Read More
Douyin rival, short video sharing and live streaming platform Kuaishou (快手), has 100% acquired Acfun (A站), a platform for ACG (anime, comics, and gaming) fans. Read More
More than one year ago, Alibaba sold down stakes in Momo four times and lost its position as the second largest shareholder. Momo's live streaming business then unexpectedly took off last year and brought the company significant amount of revenue. Read More
Hidden Man, an upcoming Chinese film directed by Jiang Wen, has scored a July 13 China release. Following Let The Bullets Fly and Alma de Sant Pere, Hidden Man is Jaing Wen’s third film that is set in the Republic of China. Read More
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