Headlines From China: Tencent To Become Second Largest Shareholder Of New Classics Media

 /  Headlines From China  / 
Enlight Media has entered into an equity transfer agreement with an industry fund under Tencent that it will sell 27.64% stake in film and TV production company New Classics Media (新丽传媒)for approximately $524 million. Upon completion, Tencent will become the second largest shareholder of New Classics Media. Read More

Headlines From China: Cultural And Entertainment Industry Trends In 2018

 /  Headlines From China  / 
With China’s "two sessions," the annual meetings of the national legislature and the top political advisory body opening in Beijing, and showbiz veterans attending the meetings, a few trends have emerged that will likely affect the Chinese cultural and entertainment industry this year. Read More

Headlines From China: ‘Detective Chinatown 2’ Defeats “Monster Hunt 2” On Day 3 Of Chinese New Year

 /  Box Office  / 
The first three days of Chinese New Year saw box office earnings reach an accumulated 3.21 billion yuan ($501 million) with the weekend box office earnings totaling at over 500 million, breaking the record for highest weekend box office in a single market. Read More

Headlines From China: Perfect World To Transfer $262 Million Worth Of Cinema Businesses 

 /  Headlines From China  / 
Researchers believe that the rising number of cinema screens has exceeded the actual demand, while online video platforms see continued growth in the number of users. Focusing on content-based products will likely make Perfect World more competitive. Read More

Headlines from China: ‘Mad World’ and ‘Small Talk’ Submitted to Compete for the Oscars; Maoyan and Weying Officially Merge

 /  Headlines From China  / 
Chinese language films 'Mad World' and 'Small Talk' are submitted by Hong Kong and Taiwan to compete for this year's Academy Award for Best Foreign Language Film. Read More

Headlines from China: Which American TV Series Will Win Over Chinese Audience This Year?

 /  Headlines From China  / 
China has a large number of fans of American TV series, and September is an important month for them, as many new series are released in this month. Read More

Headlines from China: Enlight Media Increases Eleven Percent Stake in Maoyan Culture

 /  Headlines From China  / 
According to an announcement made by Enlight Media on September 5 (Beijing Time), the company will acquire 11.11 percent stake in Tianjin Maoyan Culture Media, the operator of China's top online ticketing platform Maoyan.com. Read More