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Headlines from China: A Look at Top 50 Local Films in First Half of 2018

Jul 20, 2018 / Headlines From China /

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

Douyin Reaches 500 Million Monthly Active Users Worldwide

Jul 18, 2018 / News /

No matter if you like it or not, more and more global netizens are keen to watch 15-second videos of people dancing, singing, or just doing other goofy stuff on China’s popular short video platform Douyin, aka Tik Tok. Read More

Douyin to Outsource KOL Management to Multi-Channel Networks

Jul 5, 2018 / Entertainment Marketing /

Douyin will establish an official program for multi-channel networks (MCNs) to manage key opinion leaders (KOLs) on its platform, according to a report. Read More

Douyin Suspends Ads After Martyr Misstep

Jul 3, 2018 / Entertainment Marketing /

Five internet companies have been reprimanded and ordered to train their staff in revolutionary history and core socialist values. Read More

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

Jul 2, 2018 / 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

Jun 20, 2018 / 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

Jun 14, 2018 / 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?

Jun 12, 2018 / 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

Jun 7, 2018 / 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

Jun 5, 2018 / 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

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