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Five years ago, a market analyst even told the press that the Chinese audience does not have a habit to see animated flms in the cinemas. Years later, it is an entire different story.
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Chinese audiences are demanding a greater number of dubbed foreign films at their local cinemas, but the domestic industry faces unpredecented problems.
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It is the season for the nation's film-loving public to give thanks. Never has a month featured such a strong lineup of good movies as this November. It is a wonder that popcorn trash such as 2012 with an extra dimension could still attract a sizeable audience.
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Bona Film Group has secured a $20 million revolving credit facility from East West Bank in what's perhaps the first instance of a Chinese company borrowing U.S. money to make and acquire multiple films.
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Beijing Galloping Horse won the bid for the animated film "The Legend of Tembo" Wednesday pending court approval, former Digital Domain Media Group CEO John Textor confirmed.
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China’s online video business, forecast to hit $1.2 billion, up 115% in 2012, is at a pivotal moment. Audiences are huge, but the ad dollars are not. Content licensing deals have come down but are still pricey.
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The country’s media and entertainment industry will grow by 17 percent annually until 2015 and will become the second-biggest advertising market by 2013, says an Ernst & Young report.
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- Weekly Box Office
- more>>
11/18/2024-11/24/2024
| Movie | Gross | Admissions | |
|---|---|---|---|
|
Gross:US$20.43(M) Admissions:3374723 Total:US$165.11(M) |
|||
| Brave New World | US$10.52(M) | 1977621 | |
| CrayonShinchantheM... | US$8.94(M) | 1715679 | |
| Gladiator II | US$3.17(M) | 531214 | |
| Venom: The Last Da... | US$3.15(M) | 542180 | |
| The Young Couple A... | US$2.82(M) | 596256 | |
| Cesium Fallout | US$2.66(M) | 461276 | |
| Harry Potter and t... | US$2.19(M) | 362864 | |
| The Untold Story | US$0.76(M) | 132976 | |
| Harry Potter and t... | US$0.74(M) | 125786 | |