Damai rides China’s offline leisure boom to bumper profits
The company’s dominance in live entertainment ticketing and IP franchises has turbocharged its revenue, despite persistent consumer complaints and monopolistic behavior Key Takeaways: Damai’s profit rose around 50% in the…
FAST NEWS: Alibaba Pictures bleeds red ink on pandemic movie blow
The latest: Filmed entertainment maker Alibaba Pictures Group Ltd. (1060.HK) reported Wednesday that revenue for its fiscal year through March fell 4% to 3.52 billion yuan ($495 million). It recorded a net…
Maoyan Leans on Tech Giants to Tap China’s Film Rebound
The online ticket seller and film producer has renewed key agreements with Tencent and Meituan as China's film industry starts to recoverKey Takeaways:Maoyan has announced renewed tie-ups with internet giants…
FAST NEWS: Alibaba Pictures’ First-Half Loss Narrows Sharply
The latest: Filmed entertainment maker Alibaba Pictures Group Ltd. (1060.HK) last Friday estimated its net loss for the first half of its fiscal year through September narrowed at least 43.6%…
YH Entertainment Takes Its Act to the Hong Kong Stock Exchange
The idol-making success story has been approved for a Hong Kong IPO and is expected to debut as the exchange’s first talent agency stock next month Key Takeaways: YH Entertainment…
Maoyan Springs Back on Rebounding China Box Office
China’s leading movie ticket seller swung back to profitability last year, but is still valued weakly as the film sector faces numerous uncertainties Key takeaways: Maoyan Entertainment returned to profitability…
It’s ‘Lights, Camera and Some Action’ for Imax China After Strong Holiday Box Office
Nationwide ticket sales reached $943 million over seven-day Lunar New Year holiday, down 21% from last year but ahead of pre-pandemic levels in 2019 Key Takeaways: China’s Lunar New Year…
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