TCB in RMB: Wanda Invests in Bona to Strengthen its Domination

 /  Money  / 
Wanda Cinema Line, the world’s biggest cinema chain operator, is buying a 1.875 percent stake in private-owned Bona Film Group for RMB 300 million (US$43.51 million), the companies announced Monday. Read More

Wanda Cinema Line To Acquire 1.9 Percent Stake In Bona Film Group

 /  Money  / 
New Bona cinemas -- including both newly constructed and newly purchased cinemas -- will now become a part of Wanda Cinema Line, according to the agreement. Read More

TCB in RMB: Disney Attributes Strong EPS Growth to Shanghai Disney

 /  Money  / 
Disney's impressive quarterly gains per share were because of the Shanghai Disney Resort, which opened in the third quarter of 2016, and also increases at its U.S. theme parks, the media giant said. Read More

‘Manchester By The Sea’ Passes China Censorship

 /  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

 /  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 Film Insiders: Winston Ma

 /  China Film Insiders  / 
The Managing Director of the PRC's sovereign wealth fund says, “Data to the next generation digital economy is like oil to the machine, or bullets to a gun.” Read More

iQiyi Nabs Rights to ‘Moonlight,’ ‘La La Land’

 /  News  / 
Video streaming service iQiyi announced Tuesday it had secured exclusive streaming rights to Academy Award-winning films Moonlight and La La Land as well as the best foreign language film, The Salesman. Read More

China Copyrights: No, You Can’t Call It Fair Use

 /  Legal  / 
As China’s homegrown media companies like Baidu, Alibaba, and Tencent continue to pay serious money for the rights to stream tv shows, movies, and other copyrighted material, more lawsuits are being filed in Chinese courts seeking to enforce China’s copyright law, and more official efforts are underway to reduce the amount of pirated material available in China. Read More

On Screen China: Gamer’s Delight — ‘Resident Evil’ vs. ‘Assassin’s Creed’

 /  Box Office  / 
“Has the Chinese market become a dumping ground for Hollywood’s trash?” wondered a recent Beijing Daily headline, a question both apt and timely. Last summer’s computer game fantasy adaptation, Warcraft, produced by Dalian Wanda-owned Legendary Pictures, with financing from heavyweights China Film Group, Tencent, and Huayi Brothers, skyrocketed to $220 million to become China’s third highest-grossing Read More

Film Review: ‘Some Like It Hot’ More like Lukewarm Water

 /  Reviews  / 
A typical, and not unentertaining contemporary Chinese comedy of upwardly-mobile, city-dwelling, professional-class Chinese boy-men, dumbstruck by hot young women who are not their wives, with an unsubtle moral tacked on the end. Read More

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