TCB In RMB: Le Eco Woes, Gu Crows, CAA & IMAX Grow

 /  Money  / 
Premiere Age’s market capitalization stood at RMB 602 million ($87 million) at Thursday's close, meaning the company is poised to reap a 3168.99% premium from its sale to Great Wall Movie And Television. Fifth Generation director/cinematographer Gu Changwei and his actress-wife, Jiang Wenli stand to cash out some RMB 800 million ($116 million) through the deal. Read More

Bona Film Group Signs 30-Theater Deal with IMAX

 /  News  / 
IMAX added to its backlog of upcoming theater builds, just days after announcing a record number of new signings but decreased profit for 2016. Read More

IMAX China Blames 2016 Box Office Slowdown for Profit Drop

 /  News  / 
IMAX China Holding Inc. saw profits fall 13 percent in 2016, dipping even the three percent growth that China's box office experienced during the year, the company announced Friday. Read More

Huahua Media, Shanghai Media Group Invest US$1 Billion in Paramount Pictures

 /  Uncategorized  / 
Huahua Media surprised China and Hollywood observers again when it, along with Shanghai Media Group, announced an investment of US$1 billion in Paramount Pictures. Read More

Alibaba Pictures Invests in Hangzhou Cinema Company

 /  Money  / 
Alibaba Pictures is investing RMB 100 million (US$15.2 million) for an 80 percent stake in a cinema operator in its hometown of Hangzhou, as it takes on rival Dalian Wanda. Read More

IMAX China, CMC Formally Launch $50M China Film Fund

 /  News  / 
IMAX Corporation, IMAX China, and China Media Capital (CMC) have completed formative agreements to establish the IMAX China Film Fund, with initial capitalization of U.S.$50 million. Read More

‘Tarzan’ Gets July China Release Date

 /  News  / 
Warner Bros. "The Legend of Tarzan," a new version of the ape-man saga, will open in China on July 19, over two weeks after its US opening, the studio announced Monday. Read More

On Screen China: ‘Mojin’ Racks Up the Box Office Records

 /  Box Office  / 
While the rest of the world flocked to see Star Wars: The Force Awakens, Chinese moviegoers instead rushed to catch a homegrown blockbuster, Mojin—The Lost Legend (寻龙诀), buying tickets worth $91.9 million in just three days and helping the film from Wanda Pictures, Enlight Pictures, and Huayi Brothers to set several box office records for Chinese-language films. As predicted, Mojin and runner-up Surprise (万万没想到)—which grossed a modest $22.9 million over the three-day weekend—completely dominated China’s box office, accounting for a weekend market share of over 96%. Read More

IMAX Bets China’s Rich Will Skip Box Office for Lavish Private Theaters

 /  News  / 
IMAX is giving wealthy Chinese the luxury to stay home for that next blockbuster to come to the big screen. All they need is $400,000 and a large house to fit the gargantuan 20-feet-by-10-feet screens. The Canadian company partnered with Chinese company TCL Multimedia Technology Holdings Ltd. to launch its home theater system earlier this Read More