Video Site YY Streams Into Southeast Asia With Bigo Deal

 /  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

 /  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

Alibaba Acquires Stake in Wanda Film as the Entertainment Conglomerate Scales Back on Debt

 /  Money  / 
The acquisition will make Alibaba the second-largest shareholder of Wanda’s film group, with Wanda still controlling a 48.1% stake in the company. 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

As Baidu Retreats, Alibaba and Tencent Battle for Online Ticketing Dominance

 /  News  / 
Following online travel services and food delivery, online movie ticket booking has become the latest corner of the O2O (online to offline) market to see consolidation after years of cutthroat price wars. 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: Is IP Losing Its Magic in China?

 /  Headlines From China  / 
While China's film industry is obsessed with IP, this year's most successful films such as 'Wolf Warriors 2', 'Paths of the Soul' and 'Twenty Two' are not based on popular IPs. Read More

Wanda’s AMC Entertainment Acquires Nordic Cinema Group for US$929 Million

 /  News  / 
The Beijing-based company now owns more than 10 percent of the world’s cinema screens. Dalian Wanda Group continued to push its dominant position as the world’s leading cinema exhibitor with the acquisition of over 400 more screens, buying Nordic Cinema Group for US$929 million. It is Wanda’s US cinema arm, AMC Entertainment, that is officially Read More

Strange Chinese Copper Mining Firm Buy of Hollywood Studio Scuttled

 /  News  / 
Anhui Xinke stated the cancellation of the Voltage Pictures deal was due to the cancellation of a planned internal restructuring. Read More