STX
Alibaba Sees Future in Hollywood Sci-Fi Co-Production
Alibaba’s film unit and U.S. production house STX Entertainment will co-produce the upcoming science-fiction film “Steel Soldiers,” extending a growing series of one-off tie-ups between China and Hollywood, even as the attraction of bigger alliances fades. Read More
TCB In RMB: A Weekly Business Roundup
SoReal, the Virtual Reality venture of acclaimed Chinese auteur Zhang Yimou opened its first concept store this past Tuesday in a 32,000 square-foot location in central Beijing. Although the company refers to it as a VR Museum, it is more like an arcade, featuring VR films, interactive VR games and other immersive experiences-- and already Chinese reports are expressing doubts regarding its commercial viability. Read More