Headlines from China: China Now Has about 10,000 Movie Theaters

 /  Headlines From China  / 
According to data released by China’s film bureau, the number of movie theaters in mainland China was 9,965 as of March, 2018. These 9,965 movie theaters offer 54,165 screens, pipping the United States, which had about 45,000 screens as of 2017. Read More

Headlines from China: Nasdaq Welcomes ‘China’s Netflix’ iQiyi Today

 /  Headlines From China  / 
Today, iQiyi (IQ) rang the Nasdaq stock market opening bell in celebration of its IPO. Founded in 2010 by Chinese internet giant Baidu, iQiyi is one of the largest video-streaming platforms in China. Read More

Headlines from China: China’s Video-Sharing Site Bilibili Officially Listed on Nasdaq

 /  Headlines From China  / 
Today, Nasdaq officially welcomes Bilibili (BILI), China's leading video-sharing platform for young generations, to trade in its stock market. Read More

Headlines from China: ‘The Three Body Problem’ is Better Off with Amazon? 

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After the Financial Times reported that Amazon might develop and produce three seasons of episodes based on Chinese sci-fi novel The Three Body Problem, Chinese netizens and sci-fi fans have been expressing their joy over such possibility. 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: Six Facts About China’s Small-Town Moviegoers

 /  Headlines From China  / 
100 youngsters from small-town China have been interviewed about their favorite movies and moviegoing habits, and here are the findings. Read More

Deals Slide in China’s Technology, Media and Telecom Sector

 /  Money  / 
Mergers and acquisitions in China’s technology, media and telecom (TMT) sector dropped in 2017, according to a new report. Read More

Baidu’s iQiyi said to have filed for $1 billion US IPO

 /  Money  / 
China’s popular video streaming service, iQiyi, has filed confidentially for US IPO according to IFR. Sources familiar with the plans said the company is looking to raise $1 billion by the end of Q1 or early Q2 of 2018. Read More

Headlines from China: How Chinese Conglomerates Fail to Conquer the Local Film Market

 /  Headlines From China  / 
With a string of collapsed investment deals attracting attention in 2017, many people believe that the Chinese government's tightened control over overseas investments hinder Chinese conglomerates' expansions in the entertainment industry. But is it true? Read More

Headlines from China: Bilibili Getting Ready for US IPO with Cornerstone Investments

 /  Headlines From China  / 
Although Bilibili is a leading video site in China, most people in the west are unfamiliar with this brand. By securing cornerstone investments, Bilibili hopes to increase American investors' confidence in the company. Read More