Now that Wanda has completely pulled out of the Film Metropolis project, we have decided this is a good time to take a look at what has happened at the project subsequent to its official opening this year. Read More
Wanda Group CEO Wang Jianlin is getting ready to let Sunac China Holdings Ltd. completely take over his cultural tourism business, according to a reporter from Caijing Magazine. Read More
Douyin's huge popularity among Chinese young people and its ability to influence consumer behaviors led many internet and e-commerce firms to create their own short-video apps. Read More
On April 28, Wang Jianlin and Wanda formally opened their Qingdao Movie Metropolis, a massive complex featuring 30 film studios, a theme park, shopping mall, luxury hotels, and even a yacht club and international hospital. Read More
Yesterday, Walt Disney Pictures hosted a press conference in China and apologized to Avengers Fans for making them disappointed at the 10th Anniversary celebration of the Marvel Cinematic Universe last Thursday at Shanghai Disney Resort. Read More
Le Vision Pictures, a film production company and subsidiary of the troubled LeEco, has changed its name to Le Chuang Entertainment (乐创文娱）, according to an internal letter from the company's CEO Zhang Zhao to its employees. Read More
Yu Yongfu will officially step down as the Chairman of Alibaba Digital Media and Entertainment Group on December 1. Meanwhile, Yu is assigned as the head of eWTP, a new strategic investment unit to be established by Alibaba Group. Read More
Leshi Internet Information & Technology Corp., the listed arm of embattled tech giant LeEco, extended its share-trading halt after a six-month suspension, citing uncertainties in a restructuring plan. Read More
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