Youku, the huge streaming video platform that is part of Chinese e-commerce giant Alibaba, has struck a deal to acquire and develop virtual reality (“VR”) content from Digital Domain Holdings.
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The partners will co-develop TV movies for the massive Chinese television audience, which counts an estimated 1.2 billion viewers.
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Alibaba Pictures Group has raised $260 million (RMB1.7 billion) for Taobao Movies, which offers ticketing and seat selection services
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Imax has signed a deal with Guangzhou JinYi Media Corp, one of the largest exhibitors in China, to open 40 more theaters in the country in what is being described as “a full revenue-share agreement"
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New Chinese outfit, Leading Digital Post is setting out to modernize the Chinese post-production industry and change international perceptions of the developing sector
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The conglomorate's Wanda Pictures subsidiary controls Legendary Entertainment, which it acquired for $3.5 billion earlier this year
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Leading Chinese streaming company iQIYI has teamed with Hong Kong production outfit China 3D Digital Entertainment for a long-term strategic venture
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Dana White, president of the biggest mixed martial arts business in the world, denies that the company is for sale though
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Flame Node to handle Chinese release of animation
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China’s Wanda Cinema has come on board as co-financier of Paramount’s “Teenage Mutant Ninja Turtles: Out of the Shadows.”
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