Headlines from China: Another Co-produced Cash Grab Failed at the Box Office in China

 /  Headlines From China  / 
"Escape Plan 2: Hades," which is co-financed by China's Leomus Pictures and stars Sylvester Stallone and Chinese actor Huang Xiaoming, opened in Chinese theaters on June 29. Upon scrutiny, this blockbuster-like action movie seems more like a cash grab. Read More

Headlines from China: Disney is Our Role Model Says Wanda Film President

 /  Headlines From China  / 
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

Why China’s Viral Video App Douyin is No Good for Luxury

 /  Opinion  / 
The app’s popularity has led many luxury brands to consider if they need to jump on the Douyin bandwagon. Despite its appeal, many argue the mainstream app is unable to meet the needs of a luxury brand. Here Jing Daily gives three reasons why. Read More

Headlines from China: Can China Film Group Return to Its Glorious Days? 

 /  Headlines From China  / 
As the only state-owned studio in the A-share market, China Film Group Corporation has certain political and financial advantages that other film companies don't have. However, the special background also makes CFGC less profit-oriented and relatively inflexible. Read More

Video Site YY Streams Into Southeast Asia With Bigo Deal

 /  News  / 
YY Inc., one of China’s biggest livestreaming platforms, announced a further $272 million investment in its Singaporean cousin, Bigo Inc., which enjoys an established presence in Southeast Asia and a foothold in South Asia and the Middle East. Read More

Douyin Rival Acquires Anime And Video Sharing Platform Acfun

 /  Money  / 
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

Video Platform Douyin Sues Tencent for Defamation

 /  Legal  / 
The court in Beijing’s Haidian district has accepted a case brought by Bytedance-operated short video platform Douyin which is suing Tencent for defamation and requesting RMB 1 million in damages including an apology. Read More

Douyin is the Most Downloaded App in the Apple App Store

 /  Technology  / 
Douyin has become the world most downloaded non-game app in the iOS App Store, according to market research company SensorTower. The short video app has been downloaded 45.8 million times from the App Store during the first three months of 2018 exceeding Facebook, Instagram, and YouTube. Read More

Headlines from China: CAA China and Production Firm Give Me Five to Launch New Fund

 /  Headlines From China  / 
On April 26, CAA China and Chinese film and TV production company Give Me Five (五元文化) officially entered a deal to jointly launch a new script development fund. Read More

Tencent and Baidu Make Strides into Already-crowded Short Video Market

 /  News  / 
Kuaishou and Douyin may currently be among the frontrunners in China’s short video streaming industry, but new entrant apps from Tencent and Baidu are hoping to challenge their dominance. Read More