|Alexis Villarias |||Jun 13, 2016 12:38 AM EDT|
Speaking at the Shanghai International Film Festival on Sunday, CEO of Alibaba Pictures Production, Zhang Qiang, announced that the company is planning more acquisitions to develop the Chinese film industry.
|Maria Crisanta Echeverria |||Apr 19, 2016 11:49 AM EDT|
China's surging box office was brought up during the first Annual Chinese Film Festival Merchandising Summit on Monday, highlighting the 50 percent increase in first quarter revenues. It is also estimated to compete with North America as the world's largest theatrical domain next year.
|Charissa Echavez |||Jan 29, 2016 01:50 PM EST|
Over the next five years, Wanda Cinema Line, the biggest theater chain in China, has announced that it will be opening 100 new cinemas equipped with Dolby Cinema's projection and sound system.
|Charissa Echavez |||Jan 13, 2016 09:46 AM EST|
In spite of the economic slowdown, China's movie market is increasing faster than expected. In fact, experts have revealed that China will surpass the United States as the biggest movie market in the world in terms of both box office revenue and number of screens in 2017.
|Cory Doyle |||Aug 29, 2014 10:32 PM EDT|
Friday afternoon, the California Senate passed a bill to expand and extend film and TV incentives. This bill will provide 330 million dollars in tax credits for the following five years beginning next July. The passing of this bill was put to a vote and was victorious by a landslide - 32 to 2.
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