Beijing Cinema Chain Boss on How China's Industry Can Bounce Back From Pandemic

China's largest cinema chain operator Wanda Film said it expects to lose $214 to $228 million (RMB 1.5 to 1.6 billion) in the first half of 2020 thanks to over five months on continual cinema shutdowns in response to the coronavirus pandemic. The decline represents a stark reversal of fortunes from the $75 million profit the Chinese exhibition giant reported during the same period in 2019.

Rebecca Davis editorChinese production firm Aim Media has sold the North American rights of director Yang Lina’s “Spring Tide” to distributor China Lion. Smart Cinema, the new venture by former Wanda executive Jack Gao, has also bought the rights to screen the film on its platform in South Korea.

Tom Grater International Film ReporterEXCLUSIVE: Leading Russian animation outfit Riki Group has signed a deal with Beijing-based producer and distributor Joy Culture and Chinese platform Tencent Video to partner on season four of animated series The Fixies.Following its acquisition of the show’s third season, Tencent will now invest in the production of 52 new episodes of the series, which follows the comical misadventures of Tom Thomas and his secret friendship with Simka and Nolik, two young

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Rebecca Davis editorHong Kong “Mulan” star Donnie Yen this week reiterated his political loyalty to mainland China as he teased work on the upcoming theatrical adaptation of popular video game “Sleeping Dogs” and announced “Golden Empire,” a new China-backed crime thriller.His hometown is currently roiling under the impact of a controversial new national security law imposed by Beijing that strips Hong Kong of many of its former freedoms, which came into effect July 1 — the anniversary of

Tom Grater International Film ReporterAardman, the Oscar-winning UK animation studio, has inked a deal with Chinese major Tencent that will see its Shaun The Sheep series hosted on the latter’s video platform. Shaun is hosted around the world by Netflix, which isn’t in China so this latest deal completes the global picture on the franchise.

Beijing has moved quickly to impose controversial new national security legislation on Hong Kong that severely curtails the territory’s previous freedoms and could mean life in prison for violators — local and foreign alike.Hong Kong’s chief executive, Carrie Lam called the law “a crucial step to ending chaos and violence that has occurred over the past few months,” saying criticism amounted to “vicious attacks.” Within hours of the law coming into effect late Tuesday night, its presence was

Rebecca Davis editorLeading Hollywood visualization studio The Third Floor (TTF) has opened its first Beijing office. It seeks to create a hub in China on par with its other main outposts in Los Angeles and London that will cater primarily to local projects.

Australian auteur George Miller is getting into business with Beijing-based real estate giant Sunac China. The Chinese property developer has closed a deal to co-finance Miller's forthcoming "epic love story" Three Thousand Years of Longing, co-staring Idris Elba and Tilda Swinton.

Nancy Tartaglione International Box Office Editor/Senior ContributorEXCLUSIVE: While many offshore markets are showing increasing signs of life as cinemas return, there are still several question marks surrounding when the majority of the world gets back to the theatrical business – chief among them for the international box office is China.

A new strain of flu that has the potential to become a pandemic has been identified in China.Scientists in the country say the virus has been found in pigs but can infect humans.After the publication of the study, a biologist has said that there is no 'imminent threat' or risk of a new pandemic but it must be watched closely.Researchers say the strain of flu, named G4 EA H1N1, is similar to the swine flu that caused a pandemic in 2009 and possesses "all the essential hallmarks of a candidate