By Patrick Frater
China’s Wanda Film To Build More Cinemas Despite Heavy 2019 Losses, Coronavirus Impact
27.04.2020 - 18:27 / deadline.com
By Nancy Tartaglione
International Box Office Editor/Senior Contributor
Undeterred by the current state of the industry, and despite posting a $668M profit loss for 2019, China’s Wanda Film is betting big on the local theatrical business. The division of Dalian Wanda Group said that it intends to spend about $431M raised in a non-public offering of A shares to build more Middle Kingdom movie theaters over the next two years. This comes at a time when the parent company recently declared
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variety.com
12.05.2020 / 13:19
China’s Tencent Music Is Little Shaken by Coronavirus Impact
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12.05.2020 / 08:15
Orange Sky Golden Harvest To Build Live Performance Venue in China
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pinkvilla.com
10.05.2020 / 16:53
From What Men Want to Murder Mystery, best comedy films of 2019 to lift your mood amidst the lockdown
With the global Coronavirus pandemic that broke out in 2020, cinema halls, production houses, and all forms of entertainment put their shutters down. The year began with Coronavirus spreading its claws to take different parts of the globe in its clutches.
deadline.com
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Fox Business Sets ‘America Vs. China’ Documentary Anchored By Maria Bartiromo
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dailyrecord.co.uk
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WHO denies Donald Trump's claims coronavirus was created in Chinese labratory
The WHO has denied President Donald Trump 's claims that coronavirus was created in a Chinese labratory.
variety.com
30.04.2020 / 04:41
China Box Office Likely to Drop More Than $4.2 Billion Due to Coronavirus
By Rebecca Davis
hollywoodreporter.com
28.04.2020 / 17:45
China's Wanda Doubles Down on Cinema Construction Amid Pandemic
With movie theaters shuttered worldwide in the wake of the coronavirus pandemic, the theatrical film business has never looked more precarious. But that's not stopping China's largest exhibition company from doubling down on cinema construction.
variety.com
28.04.2020 / 17:37
Beijing International Film Festival Moves Online With Streamer iQIYI
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deadline.com
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In Second Deal For Finished Film This Week, Netflix Lands Millie Bobby Brown-Starrer ‘Enola Holmes’
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hollywoodreporter.com
15.04.2020 / 23:41
Will China's Wanda Group Bail Out AMC Theatres?
The emerging narrative on Wall Street about AMC Theatres, North America's largest cinema circuit, is that the company may be on the brink of bankruptcy amid the coronavirus pandemic. The theater chain's hefty debt load is trading at highly distressed levels, and analysts have sounded the alarm that "AMC has minimal liquidity options to make it through" the virus crisis, recommending investors sell off stock before the exhibition giant files for Chapter 11 protection.
