Headlines from China: Chinese Gaming Company Yoozoo Gets Rights to ‘Game of Thrones’

Game of Thrones. Photo: Official still via HBO.

China’s Yoozoo to Develop Mobile Games based on ‘Game of Thrones’
At the 2017 China Digital Entertainment Expo and Conference (ChinaJoy), Yoozoo, a Chinese game developer, announced a strategic partnership with Warner Brothers. Yoozoo will receive rights from Warner Brothers to develop mobile games based on hit HBO show ‘Game of Thrones.’ This partnership makes Yoozoo the first Chinese company to acquire gaming rights to a well known HBO show. D-entertainment

China’s Second Largest Cinema Group Dadi Settles Acquisition Deal with OSGH Cinemas
Back in January 2017, China’s second largest exhibition group, Dadi, signed a deal to acquire Orange Sky Golden Harvest (OSGH), a pan-Asian cinema operator, at 3.39 billion yuan. On July 28, the transaction was finally settled, and Dadi officially became the owner of OSGH. Dadi now owns 445 theaters and 2569 screens in China. Dadi Cinema Group’s General Manager Yu Xin expressed her confidence in managing such a gigantic system. Ent Group

Recommended ReadingChina Malls Exhibit ‘Game of Thrones’ ManiaBy Kenrick Davis

Tencent Has Become the King of China’s Gaming Market
After four years in the gaming market, Tencent has developed several top grossing games, including ‘Honor of Kings’, and has become the world’s largest gaming company by market share. In 2016, total revenue from the global gaming market reached $99.6 billion, of which Tencent comprised $10.2 billion. In China, Tencent’s No. 1 position is unrivaled. Tencent’s success in the gaming industry largely depends on the company’s user base built through its social media platforms WeChat and QQ. China Venture

Toutiao’s VP Talks about Trends in China’s Short Video Sector
Jinri Toutiao (which means ‘Today’s Headlines’), China’s largest mobile platform for content creation and distribution, presented the ‘Golden Second Award’ on July 28 to acknowledge outstanding creators of short video content. At the awards ceremony, Jinri Toutiao’s Vice President Zhao Tian delivered a speech, in which he discussed new trends in China’s short video sector. Based on his observations, an increasing number of online video creators are from tier-2 and tier-3 cities rather than tier-1 cities. The number of international creators has been growing as well. In addition, video makers tend to include more than one popular theme in each video in order to reach a broader audience. TMT Post

Over 100 Investors Participated in the 2017 FIRST International Film Festival
FIRST International Film Festival closed its 11th edition on July 27 in Xining, China. Dedicated to supporting emerging filmmakers, the festival successfully discovered many talented filmmakers over the past 11 years, and has truly become a platform for emerging filmmakers and investors to connect with each other. According to the festival organizers, FIRST received 1116 submissions this year and selected 45 to screen during the festival. In addition, 116 investors registered to attend the festival in the hopes of finding good projects to invest in. yuleguan 001