China

The Bigger They Are, The Harder They Fall

April 3, 2020 FilmTake Comments Off

AMC, the world’s largest theater chain, has hired attorneys to help restructure its mountain of debt as the company’s credit rating plummets.

The China Retreat

January 15, 2019 FilmTake Comments Off

Viacom has had enough of China. The New York-based company is in talks with at least one Chinese group to sell some or all of the company’s operations on the mainland.

The Latest China-Hollywood Failed Deal

August 30, 2017 FilmTake Comments Off

China’s Recon Group fails to close its acquisition of Avi Lerner’s Millennium Films. All Hollywood-China deals are in peril, as many have failed to close this year.

Was Wanda Group’s Chairman Barred from Leaving China?

August 28, 2017 FilmTake Comments Off

Wanda Group dismissed “vicious rumours” that its chairman Wang Jianlin and China’s richest person, was detained by authorities and forbidden to leave China.

Wanda Group’s House of Cards

July 18, 2017 FilmTake Comments Off

A mysterious document that appeared on social media in China places all of Wanda’s Hollywood acquisitions in jeopardy.

Production

Paramount’s China Lifeline is Gone [Update]

July 16, 2017 FilmTake Comments Off

If reports from China are to be believed (clearly they cannot), a company with $19 million in revenue was going to finance $1 billion of Paramount’s slate.

Netflix Will License Original Content to China’s iQiyi

April 25, 2017 FilmTake Comments Off

Censorship and foreign content restrictions will limit Netflix’s ability to transition their licensing agreement with iQiyi into a meaningful foothold.

Profit at IMAX China Fell 13% in 2016

March 30, 2017 FilmTake Comments Off

After the slowest growth rate in a decade at China’s box office, the Shanghai-based subsidiary of IMAX Corp. saw net profit fall 13% from 2015.

The “Netflix of China” Signs Streaming Deal with Warner Bros.

March 26, 2017 FilmTake Comments Off

China’s iQiyi online video service entered into a streaming output agreement with Warner Brothers.

Paramount Pictures Deal is Dead

March 21, 2017 FilmTake Comments Off

Paramount will not receive the $1 billion in slate funding from China’s Shanghai Film Group, and Hua Hua Media. A source said, the “Paramount deal is dead.”