Despite the buzz, the circulation of this rumor reflects the troubles Alibaba Pictures is facing: mediocre performance of a unit where the parent company had placed high hopes (and money) on. Read More
As the online streaming sector has been seeing continual growth in advertising revenue and number of paid users, the leading platforms backed by giant tech companies, such as Baidu, Alibaba, and Tencent, seem to be willing to burn more money in 2018 to conquer the market. Read More
In China, a whole new industry chain surrounding online literature IPs is taking form and now involves music, games, TV dramas, and movie production. Tencent, Alibaba, and Baidu have all entered the battle to compete for the best IPs. Read More
Following online travel services and food delivery, online movie ticket booking has become the latest corner of the O2O (online to offline) market to see consolidation after years of cutthroat price wars. Read More
American neo-noir science fiction film 'Blade Runner 2049', a sequel to Ridley Scott's 'Blade Runner', has passed Chinese censorship and is expected to be imported into China for a theatrical release. Read More
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