Other News

  • Breaking news China (mainland) film

    China faces hurdles to make its films successful

    China’s film industry, which has been growing very fast domestically, still faces hurdles to be really successful in the global market, one of China’s top film industry leaders told Xinhua. While Chinese film industry has been enjoying the fastest growth in the world, “it is still hard to say when a Chinese movie can win the Oscar award,” said Zhou Tiedong, president of China Film Promotion International (CFPI), in a recent interview. In the past decade, China have had an [...]

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  • Breaking news China (mainland) film

    Problems hindering growth of film industry

    Weak IPR protection, lack of communication between investors and film makers cited as barriers to success Despite rapid growth, the Chinese film industry still faces some nagging problems that industry experts say must be resolved before it moves on to the next level of its development. Zhang Tian, the general manager of Shanghai ‘s Culture Asse ts and Equity Exchange -the first pilot program backed by the central government for cultural enterprises to trade copyright s and equities -told a [...]

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  • Breaking news China (mainland) film Non classé Huayi Brothers releases new movie plan

    Huayi Brothers releases new movie plan

    Huayi Brothers Media Corp, one of China’s leading movie producers, announced on Sunday during the 16th Shanghai International Film Festival that it will release 15 films this year and next. Five will be released this year, and the rest will be screened in 2014. “Movie audiences are becoming younger and are showing a tendency to watch films depicting real life. The top three popular genre films are romance, comedy and action movies,” said Wang Zhonglei, president of the listed company. [...]

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  • Breaking news China (mainland) Digital

    China’s mobile game market booms in Q1

    China’s mobile game market reached a value of 2.16 billion yuan (352.3 million U.S. dollars) in the first quarter of 2013, a major tech and Internet information provider has said. The figure represents a 30.26-percent increase compared with the volume in the last quarter of 2012, according to the results of a seasonal survey released by Analysys International on Friday. The booming market is largely attributable to the growth of mobile network gaming, gaming which requires an Internet connection. This [...]

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  • America Breaking news China (mainland) film Press review Filmmakers eye further opportunities in China

    Filmmakers eye further opportunities in China

    (China Daily,2013-06-07) Chinese companies and their foreign counterparts are eyeing coo peration opportunities to tap into the country’s booming film market, executives at the Chengdu Fortune Forum said on Thursday. During a morning session, Jeffrey Katzenberg, CEO of DreamWorks Animation, told delegates he was keen to realize his dream of bringing the finest technology and artists to China to create world-class animation. “The country will be able to make world-class animation within a handful of years,” said the head of [...]

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  • Breaking news China (mainland) Partnership Youku Tudou Collaborates with Sina for Content Promotion

    Youku Tudou Collaborates with Sina for Content Promotion

    BEIJING, June 7, 2013 – Youku Tudou Inc. (NYSE: YOKU), China’s leading Internet television company (“Youku Tudou”), today announced a strategic content-sharing alliance with SINA Corporation (“SINA”), an online media company servingChina and the global Chinese communities. Under the deal, in exchange for access to Youku Tudou’s video library, Sina will leverage their PC and mobile platform to promote Youku Tudou’s licensed content to its users on Weibo. The multi-screen strategic collaboration also draws on huge gains in mobile traffic for both companies – 76% of Weibo’s daily active users access Weibo through mobile devices, [...]

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  • Breaking news China (mainland) Finance Financial results Phoenix New Media Reports First Quarter 2013 Unaudited Financial Results

    Phoenix New Media Reports First Quarter 2013 Unaudited Financial Results

    BEIJING, May 14, 2013 — Phoenix New Media Limited (FENG), a leading new media company in China (“Phoenix New Media”, “ifeng” or the “Company”), today announced its unaudited financial results for the first quarter ended March 31, 2013. First Quarter 2013 Highlights Total revenues increased by 17.7% year-over-year to RMB281.4 million (US$45.3 million), driven by a 29.1% increase in net advertising revenues. Net income attributable to Phoenix New Media Limited increased by 19.0% year-over-year to RMB39.2 million (US$6.3 million). Adjusted net [...]

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  • Breaking news China (mainland) Financial results Sohu.com Reports First Quarter 2013 Unaudited Financial Results

    Sohu.com Reports First Quarter 2013 Unaudited Financial Results

    BEIJING, CHINA, April 29, 2013 – Sohu.com Inc. (NASDAQ: SOHU), China’s leading online media, search, gaming, community and mobile service group, today reported unaudited financial results for the first quarter ended March 31, 2013. First Quarter Highlights Total revenues were US$308 million, up 36% year-over-year and 3% quarter-over-quarter. Brand advertising revenues were US$80 million, up 32% year-over-year and down 2% quarter-over-quarter. Sogou[1] revenues were US$39 million, up 73% year-over-year and down 4% quarter-over-quarter. Online game revenues were US$167 million, up 33% year-over-year [...]

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