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.
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.
