A joint venture of U.S.-based DreamWorks Animation (DWA) and a consortium of Chinese companies will be located in Shanghai's West Bank Media Port (WBMP), government authorities said Thursday.
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China's box office revenues are expected to reach 19.98 billion yuan this year, up 48.99 percent year-on-year, according to a report issued by EntGroup Inc this month.
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The deal for a theater in a Tianjin cineplex follows the giant screen exhibitor screening the Chinese producer's "Flying Swords of Dragon Gate" in 3D.
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Online advertising in China is expected to rebound in the second half of the year as ad spend shifts from traditional media to the internet with search engine Baidu, video site Youku and web portal Sina likely to benefit the most from this expected increase.
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New research shows fewer people than ever are watching TV in Beijing. What used to be the centerpiece of every front room is fast losing its prime-time appeal. Is television really falling out of favor with the capital's viewers and to what extent?
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