Rebecca Davis editorHuayi Brothers, China’s longest-standing privately-owned production film studio, has notched its third consecutive year of losses despite producing the world’s highest grossing film in 2020, its annual report showed.The company’s revenues for 2020 fell by 33% year-on-year to $232 million (RMB1.5 billion) while net losses hit $162 million (RMB1.05 billion).
Rebecca Davis Editorhuayi Latest Celebrity News & Gossip
variety.com
27.03.2021
Huayi Brothers Co-Founder Wang Zhongjun Resigns From Huayi Tencent Entertainment
Rebecca Davis editorHuayi Brothers Co-Founder and Chairman Wang Zhongjun has resigned from his post as executive chairman of the board at Huayi Tencent Entertainment, the latter company announced Friday.
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