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Rupert Murdoch's conglomerate raises $92 million by cutting its holding in the TV company to 12.16 percent as it continues to streamline its global portfolio.
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The tax-free "culture zone" will include TV and film facilities and is modeled after the "special economic zones" that made the country a manufacturing superpower.
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Among the most basic of those limitations, according to Entgroup researcher Kady Yang, is a shortage of screens. “The capacity of China’s cinemas is very limited and their movie schedules are tight,” Ms. Yang said.
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"They're building 10 screens a day," MPAA Chairman Chris Dodd said on a conference call with media. "There's a voracious appetite for our product and our films have done well."
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With a huge expansion of Internet domain names set to launch this year, how to prevent abuse of the new technology is a growing concern for the entertainment industry in Asia.
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Star Chinese Movies (SCM) announced its partnership with Emperor Motion Pictures (EMP) to kick off a new initiative called “Go Local!” in support of the Hong Kong film industry.
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11/18/2024-11/24/2024
| Movie | Gross | Admissions | |
|---|---|---|---|
|
Gross:US$20.43(M) Admissions:3374730 Total:US$179.69(M) |
|||
| Brave New World | US$10.52(M) | 1977698 | |
| CrayonShinchantheM... | US$8.94(M) | 1715675 | |
| Gladiator II | US$3.17(M) | 531216 | |
| Venom: The Last Da... | US$3.15(M) | 542221 | |
| The Young Couple A... | US$2.82(M) | 596326 | |
| Cesium Fallout | US$2.66(M) | 461304 | |
| Harry Potter and t... | US$2.19(M) | 362864 | |
| The Untold Story | US$0.76(M) | 133104 | |
| Harry Potter and t... | US$0.74(M) | 125791 | |