On Monday, China Literature Limited announced replacement changes to its management team. Mr. Wu Wenhui and Mr. Liang Xiaodong, currently the Co-Chief Executive Officers have decided to step down from their positions. Read More
In China, a whole new industry chain surrounding online literature IPs is taking form and now involves music, games, TV dramas, and movie production. Tencent, Alibaba, and Baidu have all entered the battle to compete for the best IPs. Read More
China’s top market watchdog on Monday slapped administrative penalties on three leading companies for failure to notify concentration of undertakings in advance, which violated the country's anti-monopoly law. Alibaba Investment Limited, Tencent-owned China Literature Limited, and Hive-box Technology Company. Read More
A forum about online literature and movie adaptation was held in Sanya on Sunday during the ongoing third Hainan Island International Film Festival(HIIFF). Many writers and editors in the online literature field attended the forum. Read More
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