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According to a statement from Fun Age Entertainment, 2.84 million shares were issued at 106 yuan ($16) each, bought through private placement with 11 investment institutions and individual investors
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China is dramatically increasing its restrictions on foreign media operations in the country. Foreign-owned media or joint ventures in China will not be able to publish online without prior approval
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Chinese cinemas took 3 billion yuan (461 million U.S. dollars) in ticket sales during the six days of the Lunar New Year holiday, according to SAPPRFT.
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The entertainment industry has great growth potential for Alibaba, experts said, and has possibilities to benefit its e-commerce business one day.
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The partnership will last five years or cover the co-financing of 50 films, making the Chinese video game and TV production company a major player in global entertainment
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Hong Kong Disneyland, Disney’s first theme park in Greater China, last year lost US$19.1 million (HK$148 million) following a drop in Chinese visitor numbers
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Viacom International Media’s Paramount Channel will launch in Asia following a first deal in Thailand
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An emerging niche market for mid-budget releases could be a game-changer for independent producers hoping to get a slice of the Chinese movie boom.
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11/11/2024-11/17/2024
| Movie | Gross | Admissions | |
|---|---|---|---|
|
Gross:US$10.54(M) Admissions:1970538 Total:US$143.23(M) |
|||
| Venom: The Last Da... | US$7.66(M) | 1309247 | |
| Cesium Fallout | US$7.51(M) | 1293354 | |
| The Young Couple A... | US$4.11(M) | 871862 | |
| The Untold Story | US$3.73(M) | 674352 | |
| Harry Potter and t... | US$2.92(M) | 485566 | |
| Her Story | US$1.39(M) | 219869 | |
| ROAD TO NINJA -NAR... | US$1.23(M) | 235823 | |
| The Volunteers: To... | US$1.16(M) | 207769 | |
| Harry Potter and t... | US$0.93(M) | 157744 | |