Tencent reportedly raising stake to become largest Ubisoft shareholder

Patrick Frater Asia Bureau ChiefShares of China’s Bona Film Group soared by 44% on Thursday, their first day of trading following an initial public offering on the Shenzhen stock market.The company had offered its shares for sale at RMB5.03 apiece. They quickly climbed to RMB7.24, before hitting the market’s ceiling on daily price movements. At this price, the company is valued at RMB9.96 billion or $1.47 billion.

A.D. Amorosi “A Black Lady Sketch Show,” created by Robin Thede with fellow actors Gabrielle Dennis, Ashley Nicole Black and Skye Townsend is certainly an improvisational, production-heavy, comic masterpiece.

Patrick Frater Asia Bureau ChiefTencent, the Chinese games and social media giant, revealed a more than 50% drop in profits for the three months to June 2022, the second quarter of its financial year. The figures were affected by a slowing economy in China, an operating environment made harder by regulatory changes and a slowdown in video games as users adjusted to post-pandemic activity.Net profits for the quarter weighed in at RMB19.2 billion ($2.83 billion), which represented a 55% slump compared with the same quarter in 2021, and down 19% compared with the first quarter of the current year.

Grimes has teased more about her upcoming collaboration with The Weeknd, suggesting that the track will be released this summer.The star first revealed that the team-up existed last year when replying to fans on her Discord server. After fans asked for a collaboration with the ‘Dawn FM’ musician, Grimes replied: “Hmmm surprise for yalls.” When another person asked “Grimes an weeknd collab when”, she replied: “It’s called Sci Fi.”Now, in a new interview with Vogue China, the artist has shared more about the song.

Jennifer Lopez and Ben Affleck will reportedly host a three-day wedding celebration for their friends and family this weekend, one month after they tied the knot in Las Vegas. A source revealed to Page Six on Monday that the three-day “intimate celebration for family and friends” will begin with a rehearsal dinner on Friday, followed by the wedding ceremony on Saturday. The couple will reportedly conclude the weekend on Sunday with a barbecue and picnic.

Patrick Frater Asia Bureau ChiefA long-term shift towards subscriptions can’t come fast enough for Tencent Music Entertainment, China’s largest digital music company and stakeholder in Spotify and Universal Music.Revenues and net profits in the six months to June, the company’s first half year, were both down, as weaker advertising and lower music sales undermined the period. Subscriptions, on the other hand, increased in number and in value. The group reported total revenues of RMB6.91 billion ($1.03 billion), representing a 14% year-over-year decrease and a 3.9% increase on a sequential basis.

Article updated on 15/08/22: Ben Affleck reportedly 'freaked out' on his Paris honeymoon with Jennifer LopezBen Affleck reportedly 'freaked out' on his Paris honeymoon with Jennifer Lopez after their intimate Las Vegas ceremony on July 16. This was believed to have happened when a swarm of paparazzi followed him and Lopez around the City of Lights from the Louvre to the Musée d'Orsay, then to the Élysée Palace gardens, and eventually to Sephora. A source told Page Six the attention the newlyweds received in France was 'almost Princess Diana-level'.

Naman Ramachandran During his eclectic career so far British actor Shubham Saraf has played a variety of roles.Saraf, who studied at the U.K.’s Guildhall School of Music and Drama and France’s École Philippe Gaulier, played an aristocrat in newly independent India in Mira Nair’s BBC/Netflix series “A Suitable Boy”; a policeman in Netflix procedural “Criminal: U.K.” and a PR advisor in Jed Mercurio’s BBC series “Bodyguard.”The actor stars opposite Charlie Hunnam and Alexander Siddig in the upcoming Apple TV+ adaptation of Gregory David Roberts’ bestseller “Shantaram,” which tells the story of a heroin addict and convicted bank robber who, in the 1980s, flees Australia to India, where he reinvents himself as a doctor and a gangster in the slums of Bombay. Saraf’s role is under wraps at the moment but he describes the process as an “intense life-altering experience.” Once cast, in the middle of COVID-19, Saraf’s life was “upended at short notice” and he shot in Thailand and Australia for six months after spending two weeks in quarantine in each country.

Clayton Davis Hollywood producer Janet Yang has been named the new president of the Academy of Motion Picture Arts and Sciences by the organization’s Board of Governors. Yang, who is of Chinese descent, is the first Asian person ever to hold the position and the fourth woman behind Fay Kanin (1979-1983), Cheryl Boone Isaacs (2013-2017) and Bette Davis (Davis resigned after two months in 1941).Yang is beginning her first term as president and her second term as a Governor-at-Large.

Patrick Frater Asia Bureau ChiefBona Film Group, one of China’s most consistently successful private sector movie studios, is in the final stages of launching an IPO on the Shenzhen stock exchange. The company was behind last year’s “The Battle of Lake Changjin,” the highest grossing film of all time in China.The IPO move represents a return to public company status for a firm that has frequently been ahead of its time.Bona was in the early wave of Chinese companies to list their share in the U.S. and achieved an IPO on the NASDAQ exchange in 2010, in the hope that U.S.

Beyoncé launched the first single ‘Break My Soul’ last month, the queen of pop has broadened her oeuvre once again, this time taking on dance hall beats, 90s house, Afrobeats, and soul influences.  The release follows a leak two days earlier, after the album arrived at retailers in France.  It’s the first solo album she’s released in six years since her critically acclaimed album, ‘Lemonade’.

No worries? Fans think Jennifer Garner’s response to Ben Affleck and Jennifer Lopez’s honeymoon and wedding were revealed in a cryptic Instagram post.

Bullet Train or running his winery in France, a source that is getting back into the dating game. “He has a large group of artsy friends in L.A. that he hangs out with,” the source said.

Not over yet. Brad Pitt and Angelina Jolie‘s battle over their winery is still ongoing, and it may not be finished for a while, an insider exclusively reveals in the new issue of Us Weekly.

Deadline has hired former Business Insider Entertainment Reporter Zac Ntim as International Film Reporter, based in London.

Elsa Keslassy International CorrespondentLast week, the French government reappointed Dominique Boutonnat for a second three-year term as president of the National Film Board (CNC), the country’s most powerful film institution, in a controversial decision that illustrates the country’s halfhearted embrace of the #MeToo movement.Boutonnat, a former producer and financier with close ties with newly reelected French president Emmanuel Macron, was indicted in February 2021 for alleged sexual assault of his 22-year-old godson the year prior. After a lengthy investigation, the prosecutor’s office has requested that the case be brought before a criminal court.