IMAX China’s Profit, Revenue Rebound As Theaters Recover From Pandemic Hit
IMAX China, the Hong Kong-listed subsidiary of Canadian-American film technology supplier IMAX, enjoyed a big rebound in earnings and revenue in the first six months of the year as the country recovered from the impact of the Covid-19 outbreak a year earlier. More than 90% of IMAX’s theaters in China, the world’s most populous country and second-largest economy, were open as of the year of June, IMAX China said. China’s GDP expanded by 7.9% in the second quarter of the year, one of the world’s best performances. Read more Forbes
China Mutes Response to Surprise Cannes Hong Kong Doc Screening, But Raises Questions for Venice
Cannes’ decision to screen “Revolution of Our Times” from Hong Kong director Kiwi Chow, a chronicle of the mass anti-government protests that drew millions to the street, is certain to be considered a political affront by Beijing. The title itself is a slogan of the protest movement whose very display or utterance is now illegal in Hong Kong. Chinese media published regular news coverage of Cannes without obstruction, and even celebrated Hong Kong director Tang Yi for winning best short for “All the Crows in the World.” Factual reports or commentary about the documentary screening itself, however, were not only nearly non-existent, but actively suppressed. Read more Variety
