Headlines from China: Listed Media Giant Sells A Painting to Survive

 /  Headlines From China  / 
Hunan CATV Network Group, the subsidiary of Hunan Broadcasting System, sold “The Foolish Old Man Moves a Mountain” by the Chinese modern art pioneer Xu Beihong at the astronomical price of $300 million on December 14th. The revenue will cover CATV‘s deficit in the past three quarters. Read More

Chinese Video Streaming Platform AcFun Reveals Security Breach

 /  Legal  / 
Chinese video streaming platform AcFun recently revealed that hackers had stolen data of tens of thousands of user. The company apologized for the breach and admitted that the leak was due to insufficient precautions to secure the platform. Read More

Everything’s a Joke for China’s Goddess of Gags

 /  Celebrity  / 
At a white-walled photo studio, China’s queen of stand-up comedy is struggling to keep a straight face. With eyelids coated in glitter and hair styled into waves, Wang Siwen looks every bit like she belongs on the glossy pages of fashion magazine Harper’s Bazaar China. Read More