Headlines from China: Yu Yongfu Officially Resigns from Alibaba Digital Media and Entertainment Group 

 /  Headlines From China  / 
Yu Yongfu will officially step down as the Chairman of Alibaba Digital Media and Entertainment Group on December 1. Meanwhile, Yu is assigned as the head of eWTP, a new strategic investment unit to be established by Alibaba Group. Read More

CAA, Bona Film Group Launch $150 Million Film Fund with ‘Midway’

 /  Money  / 
Creative Artists Agency (CAA) and Bona Film Group will kick off a US$150 million film production fund with an investment in blockbuster director Roland Emmerich's upcoming "Midway," the two companies announced Friday. Read More

TCB in RMB: LeSports Defaults, Jia Zhangke Skint, iQIYI Goes Hip-Hop

 /  Money  / 
LeSports, sports arm of China's internet conglomerate LeEco, canceled the broadcast of a Wednesday European Championship match between Spanish soccer giants Real Madrid and Atletico Madrid, increasing concerns over the floundering titan’s recent financial situation. Read More

Bona Film Group Takes First Step Towards China IPO

 /  Money  / 
On Wednesday Bona Film Group announced it had filed the necessary documents required for a stock market listing with the Xinjiang Securities Regulatory Bureau and had received confirmation from the regulator. Read More

Bona Film Group Delists from U.S. but Won’t Turn Its Back on Hollywood

 /  News  / 
After five years, Bona raised only $100M on NASDAQ, small for an investor in 60 films and builder of 30 theaters. Read More

China’s Film Industry Online, Part 3. Production and Distribution Converge in Cyberspace

 /  Legal  / 
This is the third in a series of posts looking at developments in China’s digital ancillaries market. Part I is here and Part II is here. In this post I comment on the impending online convergence of motion picture production and motion picture distribution in China. Online giants Baidu, Alibaba and Tencent (collectively, “BAT”) have each Read More