Headlines from China: Will This Be The End of Ticket Price Subsidy in China?

 /  Headlines From China  / 
China's film authorities will introduce new regulations on October 1, banning ticket price subsidy through online ticketing platforms, according to unnamed online sources. Read More

Alibaba Pictures Posts $139 Million 2016 Loss

 /  Money  / 
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

Alibaba Pictures Launches $300M Investment Fund

 /  News  / 
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