China's biggest film holiday has crashed to 1.16 billion yuan across 96,000 screens. The market Hollywood rewrote its films for has stalled, and the studios have little to show for it.
Tom Cruise's Digger vanished from Hong Kong and Macau cinemas two days before its National Day opening. The censor, the distributor and a studio in mid-takeover have all stayed silent.
At CinemaCon the studios dazzle cinema owners with stars and spectacle. Behind the show, Hollywood is fighting streaming, flat ticket sales and the loss of Chinese money.
Last Friday, Dick Clark Production (DCP)’s owners, Eldridge Industries, issued a statement confirming the termination of the deal, saying that “Wanda failed to honor its contractual obligations, and that it was legally…
As China’s film quota expires, Hollywood hopes for more release slots and a bigger cut of the box office.
Wang Jianlin promised to leave Hollywood's managers in place. A year after paying $3.5 billion for Legendary, he has replaced its founder, Thomas Tull. Insiders explain who really won the deal.
There was little surprise when Dalian Wanda Group announced last week that it was in talks to buy the Hollywood-based Dick Clark production (DCP), the prolific company behind live television events such…
