Recently, the authorities sent a letter of inquiry to Wanda with a list of harsh questions, requesting further elaborations on the company's assets restructuring process and potential risks. Read More
The subsidies are a marketing tool used by film studios, distributors and online platforms to fill seats during competitive periods. The companies pay for part of the cost of the ticket, which is set by the distributor and the cinema. Read More
Headlines from China: Wanda Officially Announces Exclusion of Legendary Entertainment in Restructuring
After having suspended its stocks for half a year, Wanda has officially announced that U.S. movie studio Legendary Entertainment will not be part of the reorganization that has been in progress in July last year. Read More
Headlines from China: Does the Success of ‘The Foreigner’ Indicate a Brighter Future for Co-Productions?
Along with a successful theatrical run in China, British-Chinese co-production 'The Foreigner' opened in North America on October 13, and has raked in $12.8 million during its opening weekend, ranking No. 3 in this region. Read More
Headlines from China: Wanda Film to Continue Suspension of Trading, Requesting More Time for Assets Consolidation
Wanda Film Holding Co plans to file a request to the Shenzhen Stock Exchange to continue the suspension of trading in its shares, as the company needs more time to prepare for its assets consolidation. Read More