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
In response to media’s requests for comments, China’s Film Bureau states that all digital platforms that release video and audio content are required to obtain a license, yet Smart Cinema hasn’t obtained such a license. Read More
Today, a new app called Smart Cinema is released in China. Using 2K technologies, the app allows users to purchase tickets to watch films that are currently in theater on their phone. The ticket sales will be counted as theatrical box office. Read More
The acquisition will make Alibaba the second-largest shareholder of Wanda’s film group, with Wanda still controlling a 48.1% stake in the company. Read More
The old global hierarchies of developed and developing countries have been destabilized as emerging powers such as China compete with the reigning power, the United States, for global influence, and the European Union struggles to keep it together. Read More
Along with a successful theatrical run in China, British-Chinese co-production 'The Foreigner' opened in North America on October 13, and has raked in $12.8 million during its opening weekend, ranking No. 3 in this region. Read More
Dalian Wanda Group, China’s property, and entertainment giant, reported overall revenue of RMB 134.9 billion (US$19.8 billion) for the first six months of 2017, an increase of 12.4 percent year-on-year. Read More
Pokémon, the iconic Japanese animation franchise with a global following, looks set to hit Chinese cinema screens for the first time in 20 years as relations between China and Japan continue to thaw. Read More
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