Dalian Wanda Group
Headlines from China: Chinese Authorities Anxious about Wanda’s Assets Restructuring?
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
Headlines from China: China’s Film Bureau Denies Legitimacy of Smart Cinema
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
Headlines from China: Will This Smart Cinema App Give China Box Office A Big Push?
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
Alibaba Acquires Stake in Wanda Film as the Entertainment Conglomerate Scales Back on Debt
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
Film as Soft Power and Hard Currency: The Sino-Hollywood Courtship
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
Headlines from China: Does the Success of ‘The Foreigner’ Indicate a Brighter Future for Co-Productions?
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
What’s Next for Wanda?
Something’s amiss when China’s richest man isn’t able to do overseas deals. Read More
China Blocks Dalian Wanda from Completing Overseas Deals: Report
China is reportedly restricting the completion of six overseas deals by Wanda Group as part of a broader crackdown on offshore investments. Read More
TCB in RMB: Wanda Reports Half-Year Income Jump
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’ To Hit Chinese Cinema Screens For The First Time In 20 Years
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