EFM: China-U.S. Animation ‘Shimmy: The First Monkey King’ Picked Up by Odin’s Eye
Odin’s Eye Animation has picked up sales rights to “Shimmy: The First Monkey King,” an animated family entertainment film that is rare official China-U.S. coproduction. Sales activity will begin at the European Film Market starting next week alongside the Berlin Film Festival. Read more Variety
Stakes High as China’s Game Makers Gamble on Overseas Markets
As large and small developers attempt to expand abroad in the face of a tough domestic market, industry insiders warn of soaring costs and culture clashes. According to third-party data site AppMagic, seven of the 30 top-earning mobile game developers in 2022 were Chinese. Tencent, NetEase and miHoYo claimed the top three spots, having generated a combined $10.35 billion in annual revenue. Read more Sixth Tone
