Trending in China: Actress Sun Li Reveals Online Friendship with Jack Ma

 /  News  / 
Movado brand ambassador and International Emmy nominee Sun Li revealed on Monday during a women and entrepreneurship conference that she and Jack Ma have been “online friends” for more than four years. Read More

TCB in RMB: Wanda Reports Half-Year Income Jump

 /  Money  / 
Dalian Wanda Group, China’s property, and entertainment giant, reported overall revenue of RMB 134.9 billion (US$19.8 billion) for the first six months of 2017, an increase of 12.4 percent year-on-year. Read More

Alibaba Pictures Posts $139 Million 2016 Loss

 /  Money  / 
The company blamed soaring sales and marketing of RMB 1.1 billion (US$159.6 million) for the expanded loss, which compared with an RMB 466 million net profit in the previous year. Read More

Steven Spielberg’s Amblin Partners, Alibaba Pictures Announce Partnership

 /  Money  / 
Steven Spielberg's Amblin Partners and Chinese e-commerce and media giant have announced a partnership to co-produce films for global and Chinese audiences. Read More

Alibaba Pictures Launches $300M Investment Fund

 /  News  / 
Alibaba Pictures Monday announced it has established a RMB 2 billion ($300 million) fund to invest in film and TV companies, despite an expected increase in first half-year 2016 losses of RMB 400-450 million. Read More

Legal Roundup: Government to Pay Theaters for Screening Domestic Films

 /  Legal  / 
Imported movies accounted for 38.4% of 2015's total revenues, down from 45.5% in 2014. Read More

Legal Roundup: Media Crackdown Convergence

 /  Legal  / 
New content rules that specify in great detail what cannot be shown on TV. Read More

Legal Roundup: Wang Jianlin’s European Tour

 /  Legal  / 
Wanda sets sites on France and U.K., Han Capital raises $300M for film, TV; China tightens Web controls, censors shows, raises hurdles to participation. Read More

China’s Film Industry Online, Part 2. Mobile is Key

 /  Legal  / 
This is the second in a series of posts on developments in China’s digital ancillaries market. Part 1 is here. In this post I consider the potential for growth in ancillary revenues from handheld devices. With around 380 million Internet shoppers expected by 2016, China is leading the world in online consumption. As Alibaba founder, Read More