Toutiao, a China-based content firm, has signed a deal to officially acquire Musical.ly, a Chinese video social network app that has gained popularity worldwide. Read More
China's highest grossing film 'Wolf Warrior 2' will complete its theatrical run on October 28. As of October 26, the film has raked in 5.68 billion yuan ($856 million) at box office. Read More
On September 21, Wang Jianlin, CEO of Wanda Group, had a meeting at Wanda Group's headquarter with Chris Dodd, CEO and Chairman of the Motion Picture Association of America. Read More
Movado brand ambassador and International Emmy nominee Sun Li revealed on Monday during a women and entrepreneurship conference that she and Jack Ma have been “online friends” for more than four years. 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
The company blamed soaring sales and marketing of RMB 1.1 billion (US$159.6 million) for the expanded loss, which compared with an RMB 466 million net profit in the previous year. Read More
Steven Spielberg's Amblin Partners and Chinese e-commerce and media giant have announced a partnership to co-produce films for global and Chinese audiences. Read More
Alibaba Pictures Monday announced it has established a RMB 2 billion ($300 million) fund to invest in film and TV companies, despite an expected increase in first half-year 2016 losses of RMB 400-450 million. Read More
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