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Not A Hollywood Ending: Are Hollywood films losing luster in China?

December 26, 2018 By Lu-Hai Liang

Learning how to please Chinese audiences without alienating moviegoers in the US is becoming crucial for Hollywood as box office receipts stagnate in home market but explode in China. Quarterly ticket revenues in China surpassed those in North America for the first time ever in the first three months of 2018, with Chinese cinemas netting $3.15 billion compared to $2.85 billion in Canada and the US. Those figures were boosted by massive takings during the Lunar New Year holiday, always a peak time for Chinese cinemas, but China could become the world’s largest film market in whole-year terms in 2019.

Filed Under: China, Consumers, Culture, Intellectual Property, Marketing, Movie Industry Tagged With: Chinese movie goers, Hollywood, Movie Industry

A Firm Called Wanda

October 10, 2016 By Tom Nunlist

Wang Jianlin, Wanda’s CEO, the richest man in Asia once said, “Our goal is to make Wanda a brand like Walmart or IBM or Google, a brand known by everyone in the world, a brand from China.” Dalian Wanda, with assets of over $96 billion, has grown from a property company to a large conglomerate, and has its fingers in many pies: from real estate and retail to sports and entertainment. It is also leading a world-wide buying spree, acquiring top assets such as AMC Theatres, Legendary Pictures, World Triathlon Corporation, and Infront Sports & Media. While trying hard to diversify its business, real estate still takes the largest portion in its revenue structure. But how stable is Wanda empire’s future?

Filed Under: All Articles, China, Entrepreneurship, Know China, Mergers and Acquisitions Tagged With: Entertainment Industry, M&A, Movie Industry, Wanda, Wanda Group, Wang Jianlin

Chinese Culture’s Journey to the West

July 25, 2016 By Jocelyn Richards

As one of the more influential components of the so-called “soft power” push, China’s film industry reflects the overall weak cultural impact of the whole. Even as economic ties multiply between China and the outside world, the flow of cultural exchange remains imbalanced. Chinese works, traditional or modern, consistently struggle to find the same acceptance abroad as Western works enjoy on the mainland. While money remains at the heart of China’s soft power push abroad, time is also required for fulfilling China’s creative potential—it’s going to be a long process towards change.

Filed Under: All Articles, Culture, Know China Tagged With: China soft power, Chinese art, Intellectual Property, Movie Industry

China and Hollywood Shake up the Box Office

June 19, 2015 By Li Hui

The unlikely partnership of China and Hollywood is creating big blockbusters like Iron Man 3 and Furious 7. But why are such co-production arrangements necessary?

Filed Under: All Articles, Best Practice, Consumers, Infographics, Know China, Movie Industry Tagged With: Film Production, Hollywood, Infographics, Movie Industry, Sino-US, Slider

Chinese Outbound Investment in Entertainment: Pass Me the Popcorn!

November 27, 2014 By Li Hui

Chinese outbound investment in entertainment is growing phenomenally. A look at the big deals like Dalian Wanda’s purchase of US-based AMC Entertainment.

Filed Under: All Articles, Finance, Infographics, Mergers and Acquisitions, Winning in China Tagged With: Alibaba, Chinese Outbound Investment, Fosun, Infographic, Investment, Movie Industry, TCL, Wanda

China Roundup: Transformers in China; Tencent’s stake in 58.com; and Hon Hai dumps Huawei

July 4, 2014 By Major Tian

The week that was: Transformers raked in the riches in China; Chinese brands stole market share from global brands; Tencent picked up a stake in China’s Craigslist 58.com; and the exchange rate for the RMB was further liberalized. Transformers in China: Age of Prosperity Michael Bay’s latest movie doesn’t have the apocalyptic undertones in China […]

Filed Under: All Articles, Best Practice, China Round-up, Consumers, Digital Economy, eCommerce, Economics, Finance, Know China, Movie Industry, Policy and Law, Stock Exchange, Technology Tagged With: Alibaba, Chinese Brands, Chinese Economy, Chinese Market, Craigslist, Foreign Exchange, Hollywood, Huawei, IBM, JD.com, Movie Industry, PBOC, RMB, Slider, Tencent, WeChat

Box Office Sales: It’s all a Matter of Timing (Part 2)

April 17, 2014 By Brian Viard

Last time I discussed how important movie-release timing is to box office sales in the US and how studios play a game of “chicken” to obtain the choicest time slots. This time I talk about how differently things work in China. Last time I talked about how studios play a game of “chicken” when scheduling movie releases […]

Filed Under: All Articles, Best Practice, ExpertSpeak, Invisible Hand Revealed, Know China, Marketing, Movie Industry, Strategy Tagged With: Brian Viard, Chinese Films, Invisible Hand Revealed, Movie Industry, Slider

Box Office Sales: It’s all a Matter of Timing (Part 1)

April 7, 2014 By Brian Viard

  Box office sales are a function of movie release timings, but warding off competition is a different ball game altogether.   If you have ever watched James Dean in the movie Rebel Without a Cause, you probably remember the famous scene in which Dean’s character Jim Stark plays a game of “chicken” against the […]

Filed Under: All Articles, Best Practice, ExpertSpeak, Invisible Hand Revealed, Know China, Marketing, Movie Industry, Strategy Tagged With: Film Production, Game Theory, Invisible Hand Revealed, Marketing Strategy, Movie Industry, Slider

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Information, analysis, and interviews about the Chinese economy and doing business in China, from the people who know it best. Presented by the Cheung Kong Graduate School of Business, China's leading business school.


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