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TCB in RMB: Great Wall Buys Gu Changwei’s Premiere Age
Some big deals in film and television in our weekly wrap of China entertainment investment and M&A activity. Read More
VP of TV Unit Takes over as CEO of Leshi, YT Jia to Remain Chairman
Jia Yueting, the legendary Chinese corporate leader, will step down as CEO of Leshi Internet Information & Technology Corp Beijing. Read More
TCB in RMB: Disney Attributes Strong EPS Growth to Shanghai Disney
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
TCB in RMB: LeSports Defaults, Jia Zhangke Skint, iQIYI Goes Hip-Hop
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
China Film Insiders: Winston Ma
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
TCB In RMB: Le Eco Woes, Gu Crows, CAA & IMAX Grow
Premiere Age’s market capitalization stood at RMB 602 million ($87 million) at Thursday's close, meaning the company is poised to reap a 3168.99% premium from its sale to Great Wall Movie And Television. Fifth Generation director/cinematographer Gu Changwei and his actress-wife, Jiang Wenli stand to cash out some RMB 800 million ($116 million) through the deal. Read More
TCB In RMB: M&A, Copycats, IPO and Noncompetes
TCB In RMB is a weekly summary of important developments in the Chinese entertainment business. Read More
TCB In RMB: A Weekly Business Roundup
SoReal, the Virtual Reality venture of acclaimed Chinese auteur Zhang Yimou opened its first concept store this past Tuesday in a 32,000 square-foot location in central Beijing. Although the company refers to it as a VR Museum, it is more like an arcade, featuring VR films, interactive VR games and other immersive experiences-- and already Chinese reports are expressing doubts regarding its commercial viability. Read More
Xiaomi Pictures Beats a Retreat from Filmmaking
The company is paring back its involvement in filmmaking from production and marketing to just investing as the device maker refocus on its core business. Chinese technology company Xiaomi is radically scaling back its filmmaking division amidst market-share struggles and high-level executive changes as the firm continues to overhaul it business. Barely a year after Read More
TechNode’s Top VR and AR Stories of 2016
From arcades to humanity’s greatest obsessions, from this year’s biggest disappointment to Korean startups, we present you with the top VR and AR stories from our site this year. Read More
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