China's Top Movie Ticketing App Said to Plan $1 Billion IPO

Bloomberg
Maoyan Weying, China’s biggest online movie ticketing platform, is planning a Hong Kong initial public offering that could raise about $1 billion, people with knowledge of the matter said.

Americans Can’t Agree If They Loved or Hated ‘the Last Jedi.’ but China Definitely Hated It

Bloomberg
Fortune
“Star Wars: The Last Jedi” brought in an estimated $28.7 million in its opening weekend in China, coming in below its two predecessors in the world’s fastest-growing market.

“Coco” Looks Like a Surprise Hit in China—Where It Technically Should Be Banned

Josh Horwitz
Quartz
Coco, Pixar’s latest animated movie, beat two superhero films to top the US box office over Thanksgiving weekend. It could also become one of Pixar’s top-grossing films in China—a country where the studio has struggled to win over audiences.

Chinese Theaters Are Shortchanging U.S. Film Studios, MPAA Audit Finds

Daniel Miller
Los Angeles Times
Some Chinese theaters are shortchanging U.S. film studios whose movies are shown in the world’s most populous country, according to a person familiar with an audit conducted by the Motion Picture Assn. of America.

‘Dunkirk’ Conquers China's Box Office

Gaochang Zhang
Los Angeles Times
The World War II rescue tale “Dunkirk” dominated the box office in China last week, building on its international success.

China’s Quota on Hollywood Film Imports Set to Expand, State Media Says

Patrick Brzeski
Hollywood Reporter
After an “extremely cordial” call between President Trump and Chinese leader Xi Jinping, a government-backed news outlet projected an expansion to China’s film quota and a greater share of box-office revenue for Hollywood studios.

China’s Latest Hollywood Move: Pumping $1B into Paramount Movies

Sherisse Pham
CNN
Paramount Pictures has announced a $1 billion financing deal with two Chinese firms, strengthening the U.S. studio's ties with a lucrative but difficult market...

Sony and Wanda Team Up to Market Films in China

Wayne Ma and Erich Schwartzel
Wall Street Journal
Deal could boost Sony Pictures’ box-office returns, strengthen Dalian Wanda’s movie-business profile

‘Warcraft’ Marches Past $200M, ‘Finding Dory’ Debuts to Solid $17.5M

Patrick Brzeski
Hollywood Reporter
Warcraft is experiencing the big-splash, big-crash pattern followed by nearly every Hollywood tentpole in China this year.

China Could Beat Hollywood by 2017

Bloomberg
The country’s box-office sales are growing an average of 34 percent a year.

China Box Office Breaks World Record With $548M in One Week

Patrick Brzeski
Hollywood Reporter
The seven-day haul is more than the Chinese box office generated for the entire year a decade ago.

China Box Office Hits $6.3 Billion for 2015, Marking 48 Percent Yearly Growth

Patrick Brzeski
Hollywood Reporter
Local Chinese films accounted for $3.7 billion (23.7 billion yuan), more than 59 percent of the total box office earnings for the year to date.

China Accused of Fraud as Government-Backed Film Outperforms Terminator: Genisys

Ben Child
Guardian
The state allegedly offered money for bogus box-office data for "The Hundred Regiments Offensive."...

China Box Office Booms with $284-Million Week; Foreign Films Remain Shut Out

Julie Makinen
Los Angeles Times
The depth and variety of local films suggests growth in China’s domestic production.

Foreign Films Rise Again at China’s Box Office

Laurie Burkitt
Wall Street Journal
China’s movie market is booming, with $3.3 billion worth of ticket sales in the first half of the year, up nearly 50% from the same period in 2014.

China Box Office Tops U.S. for First Time Ever

Clifford Coonan
Hollywood Reporter
A Lunar New Year brought in $650 million in the second-largest movie market.

Busan: China’s Online Movie Revenues Forecast to Match Box Office in 5 Years

Clifford Coonan
Hollywood Reporter
China's online giants, who are launching a big push into the film business, have been a significant presence at the South Korean festival this year, popping up as buyers, sponsors and producers...

China Box Office: ‘Transformers’ Now No. 1 Film of All Time

Clifford Coonan
Hollywood Reporter
After only 10 days in release, Paramount’s Transformers: Age of Extinction has become the top-grossing movie of all time in China with $222.7 million in ticket sales, eclipsing the $221.9 million grossed by James Cameron’s Avatar. The 3D tentpole...

‘Transformers’ Breaks Box-Office Records in China

Julie Makinen
Los Angeles Times
“Transformers: Age of Extinction” broke multiple box-office records in mainland China in its first weekend of release and appears to be en route to displacing “Avatar” as the top-grossing film ever on the mainland.

China Box Office Worth $5 Billion to Film Studios by 2017

Jessica Reif Cohen
Variety
BofA Merrill Lynch Global Research estimates the Chinese box office could yield $5 billion in value potential for Hollywood studios by 2017 including imported and local productions (with this figure potentially doubling under further relaxed...

China Box-Office Standoff: Hollywood Could Receive Back Payments Soon

Clifford Coonan
Hollywood Reporter
A solution in a tax dispute that has resulted in delays in box-office payments to Hollywood studios could be coming soon as China Film Group explores interim solutions ahead of a more permanent resolution in coming weeks.

China Box Office Up 36% to $1.79 Billion in First Half of 2013

Patrick Brzeski and Clarence Tsui
Hollywood Reporter
Buoyed by a surge in ticket sales for homegrown domestic films, China’s box office continued its rapid expansion in the first half of 2013, according to figures released by the State Administration of Press, Publication, Radio, Film and Television...

Hollywood’s Box Office Heroes Proving Mortal In China

Michael Cieply
New York Times
If the preferences of Chinese moviegoers continue to shift to domestic releases — ticket sales for American movies in China fell 65 percent, to about $200 million in Q1 2013 — China will maintain control...

China Will Top U.S. as Biggest Film Market in the World by 2020: Study

Clarence Tsui
Hollywood Reporter
Box office haul in China, which now stands as the second-largest film market in the world after Japan, will surpass that in the U.S. by 2020, according to Ernst & Young.