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Headlines from China: China Now Has about 10,000 Movie Theaters

Apr 3, 2018 / Headlines From China /

According to data released by China’s film bureau, the number of movie theaters in mainland China was 9,965 as of March, 2018. These 9,965 movie theaters offer 54,165 screens, pipping the United States, which had about 45,000 screens as of 2017. Read More

Headlines from China: Le Vision Pictures Changed Company Name to Associate Itself with Sunac China

Mar 27, 2018 / Headlines From China /

Le Vision Pictures, a film production company and subsidiary of the troubled LeEco, has changed its name to Le Chuang Entertainment (乐创文娱）, according to an internal letter from the company's CEO Zhang Zhao to its employees. Read More

Headlines from China: Sun Hongbin Resigns as Leshi Chairman

Mar 14, 2018 / Headlines From China /

Sun Hongbin will step down as the Chairman of Leshi, the listed arm of the troubled LeEco. Liu Shuqing, the current General Manager of LeShi, is appointed as interim chairwoman. Read More

Alibaba Acquires Stake in Wanda Film as the Entertainment Conglomerate Scales Back on Debt

Feb 6, 2018 / Money /

The acquisition will make Alibaba the second-largest shareholder of Wanda’s film group, with Wanda still controlling a 48.1% stake in the company. Read More

Headlines From China: What Can Blockchain Technology Do in Entertainment and Media?

Jan 24, 2018 / Headlines From China /

After the launch of bitcoin futures in major exchanges, blockchain has become a hot topic across industries in China. Many entertainment and media companies are trying to ride the blockchain wave in order to raise more funds. Read More

Headlines from China: Disney’s “Mulan” Liu Yifei Among Frontrunners for China’s Razzie Awards

Jan 19, 2018 / Headlines From China /

Golden Broom Awards, often dubbed as China's Golden Raspberry Awards, recently opened its online poll. This year, the competition for the Most Disappointing Actress Award is much fiercer compared to previous years. Read More

Headlines from China: Mary Elizabeth Winstead to Star in Ang Lee’s ‘Gemini Man’

Jan 17, 2018 / Headlines From China /

American actress Mary Elizabeth Winstead is set to star in Ang Lee's upcoming film Gemini Man, which also features Will Smith. Read More

Headlines from China: A Run-down of China’s Private Studios in 2017

Jan 5, 2018 / Headlines From China /

Huayi Brothers Media, Wanda Pictures, Beijing Enlight Media, Bona Film Group, and Le Vision Pictures are considered top 5 private studios in China. In 2017, some of them successfully enhanced their prominent positions in the Chinese film market, while some didn't. Read More

Headlines from China: Top 100 Most Powerful Film Producers in China

Jan 2, 2018 / Headlines From China /

The Top 100 Most Powerful Film Producers list was recently released, with Wang Zhonglei, Jiang Zhiqiang, and Chen Guofu being in the top 3. Read More

Headlines from China: Jia Yueting Ordered to Come Back to China to Settle Debts

Dec 26, 2017 / Headlines From China /

The China Securities Regulatory Commission issued an order Monday for LeEco founder Jia Yueting to return to China by the end of this year to deal with financial troubles. Read More

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