China Box Office: Zhang Yimou’s ‘Cliff Walkers’ Outrun By ‘My Love’ in Labor Day Weekend Debuts
Zhang Yimou’s snowy period spy thriller “Cliff Walkers” debuted in China this Labor Day holiday weekend with $37.7 million. But it was outrun by local rom-com “My Love,” which took a comfortable box office victory. New Classics Media’s thriller “Home Sweet Home” was third with a $19.4 million two-day debut. iQiyi Pictures’ corruption crime thriller “Break Through the Darkness” debuted Saturday to a two-day sum of $7.3 million. The combined box office draw of “My Love,” “Cliff Walkers” and a handful of thrillers pulled a punch almost equal to the record-breaking sales of “Avengers: Endgame.” China’s box office is back in business, but with the flow of American films stanched by COVID-19, local films have become its lifeblood. Read more Variety
Streaming Services Create New Opportunities for Digital Providers
As the pandemic continues to put a strain on the worldwide economy, one of the side effects is the sharp increase in online streaming content consumption. Video streaming companies have come up with new solutions to the isolation problem. Social media has played a major role in the development of the current live streaming infrastructure. Live streaming sites have gained precedence in light of emerging social media platforms and affordable data consumption plans.This is attributed to public figures, celebrities, and government agencies using the software to reach the masses. Furthermore, the growing popularity of online gaming and esports tournaments is evidence of the large potential of the industry. Read more PR Newswire
