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Media & Gaming

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Box office wonder

Another hit for the studio behind some of China most successful movies
Mar 1, 2019 (WiC 442)

‘Rags to Riches’ and ‘Voyage and Return’ are two of the commonest plots in the movie industry. There is a well-trodden plot for Chinese investors when a movie does well at the local box office too. Find out who is behind it – and if a ...

The plot thickens

What’s left of Wanda after a year of brutal deleveraging?
Jan 25, 2019 (WiC 438)

The month of January is so-called ‘nianhui season’ in China. Meaning ‘annual conference’, larger corporates hold company dinners with staff and shareholders to round off the previous year’s work. They are often followed by a ...

Political reporting

Newspapers told to downplay bad news
Nov 23, 2018 (WiC 433)

What’s the best way to work out how well the Chinese economy is doing? It’s probably not a good idea to rely too much on the official GDP figures, which even Premier Li Keqiang learned to treat with scepticism some years ago. Others have ...

Pony Ma looks for answers on China’s Quora-equivalent Zhihu
Nov 16, 2018 (WiC 432)

Chinese internet giant Tencent can afford to hire the best management consultants. But its boss Pony Ma has recently resorted to Zhihu, the country’s most popular online question-and-answer platform for fresh ideas. Late last month the tech ...

NetEase closes down its financial news portal
Sep 21, 2018 (WiC 425)

In June last year China’s Cyberspace Administration introduced new rules governing online news portals. All content managers had to be accredited and trained by government propaganda departments. “Internet news and information services ...

Is China Mobile set for more of a say in Hong Kong television?
Sep 14, 2018 (WiC 424)

Changes in media ownership in Hong Kong often stir up controversy, and especially so when local broadcasters are linked to buyers from mainland China This explains why a share buyback plan from Television Broadcast (TVB), the territory’s ...

Less brotherly love

Investors spooked by Huayi share pledge
Jun 22, 2018 (WiC 414)

Shortly before Jia Yueting’s empire started to unravel last year, the founder and largest shareholder of technology and media group LeEco pledged Rmb39 billion ($6 billion) of shares in the group’s Shenzhen-listed unit, Leshi Internet ...

Headline earnings

Zimeiti hunt media profits but they still need to play by the rules
Jun 15, 2018 (WiC 413)

“Call it ‘We Media’. Journalism is evolving away from its lecture mode – i.e. here's the news, and you buy it or you don't,” wrote Silicon Valley journalist Dan Gillmor in the Columbia Journalism Review in 2003. Gillmor later ...

Evergrande puts Wanda rivalry on big screens
Mar 16, 2018 (WiC 401)

In September 1998, fans were shocked after Dalian Wanda, the runaway leader of China’s football league, lost a cup semi-final to a lower division side. That was not because of the defeat but the unexpected appearance of the club’s owner Wang ...

Censors hard at work as Xi extends term at Two Sessions
Mar 16, 2018 (WiC 401)

The annual meetings of China’s legislative and consultative bodies – known as the Two Sessions – is always a sensitive time for the country’s media industry. But following a constitutional amendment to drop the Chinese president’s term ...

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