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TCB in RMB: LeSports Defaults, Jia Zhangke Skint, iQIYI Goes Hip-Hop

May 5, 2017 / Money /

LeSports, sports arm of China's internet conglomerate LeEco, canceled the broadcast of a Wednesday European Championship match between Spanish soccer giants Real Madrid and Atletico Madrid, increasing concerns over the floundering titan’s recent financial situation. Read More

‘Manchester By The Sea’ Passes China Censorship

May 3, 2017 / News /

Amazon Studios's Oscar-winning film Manchester by the Sea has passed Chinese censors and could be heading to screens in the world’s second-largest entertainment market soon, according to sources familiar with the matter. Read More

TCB In RMB: Paramount, Short Films, Streaming Music, Celebrity Investment

Apr 28, 2017 / Money /

Thursday, the Shenzhen Exchange wrote to Shanxi Meijin Energy, inquiring about a joint fund it had announced that included a $100 million investment from superstar actor Chen Kun. The letter expressed concern over Chen’s inexperience in professional investment institutions, as well as his apparent unfamiliarity with the areas in which the fund was targeted to invest. Read More

China Box Office: Meek ‘Ghost’ Stays In Shell

Apr 10, 2017 / Box Office /

Sunday morning, after a feeble $7.4 million opening Friday and only a slight increase in ticket sales Saturday amid paltry word of mouth, Chinese media was already describing Ghost in the Shell as pūjiē (扑街) or a flop — literally something that had “fallen flat on its face.” Read More

TCB In RMB: Pirates, Racers, Zombies, Oz

Apr 7, 2017 / Money /

TCB In RMB is a weekly summary of important developments in the Chinese entertainment business. Read More

This VR Company Films for CCTV, and Provides Technology for Low-End VR Cameras

Mar 28, 2017 / News /

CFI’s take: Despite slow uptake in North America, virtual reality is gaining traction in China, to the point where even its biggest broadcaster is producing content for the new format. China’s virtual reality (VR) market is expected to expand more than four-fold in 2017 as more major players enter the industry, according to IDC’s forecasts released Read More