News

Reality TV Show Sends Chinese Stars Back to Acting School

Nov 15, 2017  /  News  / 
“The Birth of Actors” debuted on Zhejiang Satellite TV in October and has already received 330 million online views for just its first two episodes. The show has reignited debate on social media about the dubious acting skills of some millennial stars. Read More

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

Nov 15, 2017  /  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

10 Highest Paid Chinese Film Stars Are All Men

Nov 14, 2017  /  News  / 
It’s no surprise that Jackie Chan tops the list this year and earns an average of 80 million yuan per film. What is surprising, however, is that the first woman enters the list at number 14. Read More

Headlines From China: Tough Journey Ahead For Alibaba’s Entertainment Segment, With or Without Yu Yongfu

Nov 14, 2017  /  Headlines From China  / 
It's evident that Alibaba's entertainment arm is facing various challenges, with or without Yu Yongfu. Read More

Jack Ma’s Potential Successor Reportedly to Step Down as Alibaba Pictures CEO

Nov 13, 2017  /  News  / 
Despite the buzz, the circulation of this rumor reflects the troubles Alibaba Pictures is facing: mediocre performance of a unit where the parent company had placed high hopes (and money) on. Read More

China’s Luxin-Rio Acquires Arts Alliance Media

Nov 13, 2017  /  News  / 
Arts Alliance Media (AAM), leading operational software system provider to the cinema industry, has been acquired by Shandong Luxin-Rio Visual Technology Co., Ltd. (Luxin-Rio) of Qingdao, China. Read More

Headlines from China: More Money to be Burned by Chinese Video Platforms in 2018?

Nov 13, 2017  /  Headlines From China  / 
As the online streaming sector has been seeing continual growth in advertising revenue and number of paid users, the leading platforms backed by giant tech companies, such as Baidu, Alibaba, and Tencent, seem to be willing to burn more money in 2018 to conquer the market. Read More

Headlines from China: Chinese Media Giant Toutiao Acquires Popular Video App Musical.ly

Nov 10, 2017  /  Headlines From China  / 
Toutiao, a China-based content firm, has signed a deal to officially acquire Musical.ly, a Chinese video social network app that has gained popularity worldwide. Read More

With “3 x 10 billion” Open Platform, Tencent is Transforming into a Big Content Company

Nov 10, 2017  /  News  / 
Tencent announced its ambition to transition from being a tech company to a “new tech + big content” company at the seventh annual Tencent Global Partners Conference held in Chengdu this week. Read More

Headlines from China: AMC Entertainment Holdings Considers IPO for Its European Cinemas

Nov 9, 2017  /  Headlines From China  / 
For Wanda Group, AMC’s parent company, being able to raise funds outside China might be a relief, as moving money out of China is certainly difficult and stressful at the moment. Read More

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