Alibaba Pictures Group is launching a new talent agency and a “variety show production and distribution” company, according to a new filing with the Hong Kong Stock Exchange. Read More
Headlines from China: Is This Real Estate Company Trying to Replace Wanda in the Entertainment Industry?
Will Evergrande Group, a real estate company with big ambitions to conquer the entertainment market, replace Wanda one day? Read More
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
Alibaba Pictures said that it will increase its stake in online ticketing platform Tao Piao Piao for 1.3 billion yuan and further its goal of building an entertainment ecosystem. Read More
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
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
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