Pop singer Kiesza stars in a short film documenting the world’s empty streets in lockdown through drone footage.
China’s Alibaba Pictures Issues Profit Warning With Potential $156M+ Loss Amid Coronavirus
13.04.2020 - 11:27 / deadline.com
By Nancy Tartaglione
International Box Office Editor/Senior Contributor
Alibaba Pictures, the entertainment arm of Chinese e-commerce giant Alibaba Group, has issued a profit warning, saying it expects losses for the financial year ended March 31, 2020 to range from RMB 1.1B-1.2B ($156M-$170M). That would be an increase of over 330% as compared to the previous year. The company cited “complicated difficulties in pursuing profitable operation faced by the entertainment industry in mainland
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