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Headlines from China: Lang Ping’s Biopic ‘The Iron Hammer’ Exits From ‘We Are One’ Global Film Festival

Jun 8, 2020  /  Headlines From China  / 
Originally planned to be screened for free on the “We Are One: A Global Film Festival”, Lang Ping’s biopic “The Iron Hammer” is pulled out of the festival’s lineup a day before the opening. The producer followed up with the fans of the film quickly with a statement, saying that the move to not screen on “We Are One” is because they are considering the opportunity of a theatrical release in China Read More

Headlines from China: Cannes Film Market Sets China Event ‘Bridging The Dragon’, Focuses On Global Business Reopen

Jun 5, 2020  /  Headlines From China  / 
The 2020 edition of “Bridging the Dragon”, an initiative operated by Sino-European Producers Association in Cannes’ Marche du Film every year, announced its speakers line-up today. Studiocanal's CEO Anna Marsh and Bona Film's VP Jeffrey Chan are among the invited speakers. Read More

Uzi, China’s League of Legends Legend, Retires at 23

Jun 5, 2020  /  Game  / 
The beloved gamer, affectionately called “Puppy” by his legion of fans, had suffered health setbacks including arm pain and diabetes. Read More

Headlines from China: Hainan Designated As the New Free Trading Zone, What Dose The Future Hold For Film Industry There?

Jun 4, 2020  /  Headlines From China  / 
Chinese authorities on Monday released a master plan for the Hainan free trade port, which aims to build this southern island into a globally integrated and influential free trading zone by 2050. Thanks to this policy boost, the local government will also level up investment in building the film festival Hainan International Film Festival. Read More

Court Rules Against iQiyi for Charging Premium Subscribers Extra

Jun 4, 2020  /  Streaming  / 
The Netflix-like video site had imposed a surcharge on its VIP users for advance screenings of a popular Chinese period drama. Read More

TikTok Owner ByteDance Increasing Indian Operations: Reports

Jun 3, 2020  /  News  / 
ByteDance is reportedly opening its second corporate entity in India to provide information technology services to all of its platforms worldwide, the latest sign that the Chinese tech unicorn is expanding its global footprint. Read More

Headlines from China: IQiyi Lost A Lawsuit On Controversial ‘Advance Watching Pay View’ Mode 

Jun 3, 2020  /  Headlines From China  / 
Last December, Chinese streaming giants iQiyi and Tencent Video, simultaneously launched a new controversial pay view mode where VIP members can pay extra RMB if they want to watch the then-trending web series “Joy of Life” before its official release date. Read More

NetEase Starts $2.6 Billion Hong Kong Secondary Listing

Jun 2, 2020  /  News  / 
Chinese online gaming company NetEase kicked off its secondary listing in Hong Kong to raise about $2.6 billion, based on a term sheet seen by Caixin. Read More

Headlines from China: Market Research Shows That Over 40% Theaters Believe That They Would Go Bankrupt This Year 

Jun 2, 2020  /  Headlines From China  / 
In a recent market research conducted by Chinese Film Distribution Association, a staggering 40% of the interviewed theaters believe that they would have to permanently close their businesses this year. Read More

Video Streamer Bilibili Plans to Issue $650 Million in Convertible Bonds

Jun 1, 2020  /  Streaming  / 
New York-listed Chinese video streaming platform Bilibili has announced plans to raise $650 million through the sale of convertible senior notes, as the company seeks more cash to expand its user base. Read More

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