Alibaba Pictures Invests in Hangzhou Cinema Company

 /  Money  / 
Alibaba Pictures is investing RMB 100 million (US$15.2 million) for an 80 percent stake in a cinema operator in its hometown of Hangzhou, as it takes on rival Dalian Wanda. Read More

Wanda, Dolby Grow State-of-the-Art Theaters, Eye Productions

 /  News  / 
Wanda Cinema Line and Dolby Cinema will also collaborate on movie production in China. Read More

On Screen China: Booming Box Office Ends 2015 Up 48.7%

 /  Box Office  / 
In 2015, China’s booming box office grew an incredible 48.7% to reach a record $6.8 billion (RMB 44.07 billion) according to a statement released late Thursday by SARFT (State Administration of Press, Publication, Radio, Film, and Television). The yearly growth was the second highest since China’s modern film industry began to develop in 2004, second Read More