China’s Cinema Screen Count Leaps Despite COVID Closures

Rebecca Davis editorChina’s top law-making body will consider this week a popular proposition to ban actors who have used drugs from entertainment industry for life at its annual weeklong meeting, which kicked off Friday.The National People’s Congress, the country’s rubber stamp parliament, counts some 3,000 professionals from across the country as delegates, including directors Jia Zhangke, Feng Xiaogang and Chen Kaige, as well as Jackie Chan and Yao Ming.

Patrick Frater Asia Bureau ChiefImax China, the supplier of giant screen cinema facilities and services in Greater China, is one of the purest plays on the mainland Chinese movie exhibition market available to investors.

Brent Lang Executive Editor of Film and MediaImax’s quarterly revenue beat Wall Street’s expectations even as its losses were steeper than expected. The theater company reported revenues of $56 million, a 55% drop from the prior-year quarter’s revenues of $124.3 million.

Imax sales slumped last quarter but beat Wall Street estimates and it swung to a loss. The stock popped in late trading as the company highlighted a strong box office in China and Japan, upbeat outlook and continued sales of its big-screen systems despite the pandemic.

Exactly one year ago, Chinese film buyers were almost entirely absent from Berlin's European Film Market as broad swaths of the world's second-biggest economy remained in a state of total shutdown. Business in the U.S.

Pierre Morel’s upcoming action thrillerThe Blacksmith, which recently lost its star Nick Jonas due to a scheduling conflict, has a deal in place for the important China market. Beijing-based distributor Infotainment China Media picked up rights to the film ahead of Berlin's European Film Market and plans to stick with the project despite the casting change-up.

Rebecca Davis editorAfter Chloe Zhao became the first Asian woman to ever win the Golden Globe for best director, Chinese social media was abuzz about everything related to Zhao—except the film itself.Although most Chinese viewers have yet to see the film, many cheered the Golden Globe win. Scores of posts praised Zhao’s heartfelt acceptance speech about compassion and described her as an inspiration to women in the arts.

Rebecca Davis editorWarner Bros. and Legendary Entertainment’s “Godzilla vs.

Rebecca Davis editorChina’s $1.2 billion Lunar New Year box office broke world records earlier this month, but Chinese film buyers and sales agents are not jumping to interpret that as a sign of lasting market recovery, particularly for arthouse productions and indie firms.Despite astonishing ticket sales, some 80% of the six-day holiday box office went to just the top two out of seven titles — “Detective Chinatown 3″ and ‘Hi, Mom” (pictured) — causing the others to underperform.This, coupled

Refresh for latest…: Warner Bros’ hybrid live-action/animated feature Tom & Jerry began offshore rollout in mid-February, and this session became the first studio title to hit China in the wake of the Lunar New Year, as well as adding a host of other new markets. The Hanna-Barbera rascals scampered off with a further $19.4M from 33 markets at the international box office in the session, which made for a global $33.1M weekend including domestic‘s strong start.

Rebecca Davis editorMore than 35,300 suspected links to pirated versions of Chinese New Year’s films and major holiday TV programs are available online, despite government directives to crack down on piracy, new data from China shows. Rampant piracy did not stop the seven new year’s blockbusters released on Feb.