Mismanagement of Sony’s film unit over the years has propelled the studio into a downward spiral. Sony is under pressure by investors to sell the film unit.
Update: Dick Clark Productions sues Dalian Wanda for $25 million after the Chinese conglomerate failed to complete it’s $1.07 billion buyout.
After a string of massive hits, Lionsgate traveled full circle in 2016 when its top-grossing domestic film was Boo! A Medea Halloween.
iQiyi, a Chinese online video site owned by Baidu, announced in December that the company is coproducing a three-part local-language series with Sony.
If there is one thing that Relativity Media’s Ryan Kavanaugh knows, it’s a comeback. Relativity Media’s Ryan Kavanaugh has given many successful pitches…
One week before Shanghai Film went public, state-owned Omnijoi Media, listed on the ChiNext. On the very next day, China Film made debut on the main board.
BOTTOM LINE ~> FilmRise secures capital to acquire content for online consumption. The digital distribution company just raised $25M to expand their licensing operations. The Brooklyn-based company gained momentum with previous library acquisitions of B-films, namely from Troma Entertainment, but have since moved into more speciality projects including documentaries about Janis Joplin and Steve McQueen.