WeChat media account yiqipaidianying took a look at the profitability of box office top 50 and found that only 12 of them made a profit, 6 broke even while the remaining 32 lost money. Read More
Recently, the authorities sent a letter of inquiry to Wanda with a list of harsh questions, requesting further elaborations on the company's assets restructuring process and potential risks. Read More
After Dwayne Johnson's "Skycraper" landed China release during July blackout, another American film "Show Dogs" announced today that it had also been scheduled to release in China on the same day. Read More
Following Lu Qi's resignation as Baidu COO last month, Chinese online video platform iQiyi announced yesterday that Lu Qi had resigned as iQiyi's board member and chairman of the remuneration committee with effect from June 14. Read More
Zhang defined 2017 as a year of transition for online videos; Sohu has created 20 high-quality productions in last year and aims to top that number in 2018. Read More
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