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Douyin and TikTok Rake in $11.7 Million in User Spending in July

Aug 21, 2019 / News /

Short video app Douyin and its overseas version TikTok grossed a total of $11.7 million through in-app sales of virtual coins in July, increasing by 290% year-over-year, according to mobile app intelligence firm Sensor Tower. Read More

Headlines from China: Holiday Box Office: RMB 7 Billion for the 70th Anniversary of PRC?

Aug 20, 2019 / Headlines From China /

As the summer movie-going season comes to an end, box office analysts start shifting their attention to the upcoming National Day Holiday season. Read More

Headlines from China: Previously Cancelled ‘The Eight Hundred’ May Still Open This Year

Aug 19, 2019 / Headlines From China /

Huayi Brothers CEO Wang Zhongjun recently attended the summer summit of Yabuli Forum and said that he was looking forward to the release of war epic The Eight Hundred at the end of this year. Read More

Headlines from China: ‘Ne Zha’ to Hit Cinemas in North America, Australia, and New Zealand

Aug 16, 2019 / Headlines From China /

On August 15, American film distributor Well Go USA confirmed on Weibo that Ne Zha, the highest-earning animated film ever in China, will be released in North America. Read More

Beijing to Open Streaming Market to Foreign Firms that Obey Content Rules

Aug 16, 2019 / News /

The new plan would also require foreign streamers to comply with the country’s online content censorship system. Read More

Headlines from China: UBISOFT is Developing Games Set in Ancient China

Aug 15, 2019 / Headlines From China /

Recently, Chinese media outlet 21st Century Business Herald did an interview with game company UBISOFT's founder and CEO Yves Guillmot on the company's performance, its expansion in China and overall future development. Read More

Chinese Director Says He’s ‘Truly Sorry’ for Sci-Fi Flop

Aug 14, 2019 / News /

After the big-budget film ‘Shanghai Fortress’ tanked in theaters, netizens are wondering whether there will ever be new hope for the genre to live long and prosper in China. Read More

Headlines from China: Short-video Company Kuaishou Invests in China’s Quora

Aug 13, 2019 / Headlines From China /

Zhihu, a Chinese online Q&A service similar to Quora, raised $434 million from its F round of financing led by Tencent backed short-video company Kuaishou and Baidu. Tencent and Bytedance, two existing investors of Zhihu, invested in this round as well. Read More

Headlines from China: Is Live-streaming of Esports in Movie Theaters A Good Business?

Aug 12, 2019 / Headlines From China /

In countries like Europe, North America and Japan, movie theaters have been widely used to live broadcast concerts, sports and plays. In the U.K., live-broadcasting of opera and ballet has become a big source of income of cinemas. In China, the live-broadcasting of esports shows great potential. Read More

Headlines from China: Hong Kong Film Studios Cancels Participation in Golden Horse Awards

Aug 9, 2019 / Headlines From China /

After China's film bureau banned mainland Chinese films and filmmakers from participating in this year's Golden Horse Awards, several Hong Kong film studios also announced that they decided to cancel their participation in this year's Golden Horse in Taiwan. Read More

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