2017

China International
Cartoon & Animation Festival

News

Chinese Online Film Industry: New Prospect on Smaller Screens

07 Apr 2017

China's streaming giant iQiyi has announced it would release an action movie in collaboration with Sony Pictures Television and Hollywood producer Roger Corman. The film, when it is released in 2019, will be launched across smart TVs, computers, mobiles, or tablets, rather than the big screen. ...

'Moonlight' to Hit the Big Screen in China

07 Apr 2017

The film presents three stages in the life of the main character. It explores the difficulties he faces with his sexuality and identity, including the physical and emotional abuse he receives as a result of it. The film was released in the US on Oct 21, 2016, and has grossed $55 million worldwide. ...

Tencent Reports Profit of Nearly $6 Billion as Paid Video Consumption Rises

07 Apr 2017

The number was included in Tencent’s 2016 financial report, which was published Wednesday after the close of the Hong Kong stock exchange. The group’s massively popular QQ and WeChat (aka Weixin) messaging platforms are driving users in the world’s most populous nation to Tencent&r...

Hangzhou to host MIPCOM TV trade forum

07 Apr 2017

Television and entertainment industry players from around the world will gather in east China next May when Hangzhou hosts a TV trade forum, MIP China Summit Hangzhou. The municipal government of Hangzhou confirmed on Friday that Zhejiang Megamedia will jointly hold the event with Reed MIDEM, the F...

China's Wanda Reports 31 Percent Increase in Film Income in 2016

07 Apr 2017

  China's Dalian Wanda Group, led by the country's richest man, Wang Jianlin, reported a 13.9 percent drop in revenue for 2016, due to a slump in the conglomerate's core commercial property business. The group said Saturday that operating income rose to 254.98 billion yuan ($36.96...

'The Great Wall’ Conquers China Box Office

07 Apr 2017

Chinese auteur Zhang Yimou’s eagerly-anticipated The Great Wall easily conquered the Chinese box office in the week of Dec 12-18. Its three-day opening weekend reached $70.05m, including $7m from IMAX screens, the third highest IMAX opening ever for a local title. For comparison, th...