Prosecutors in Busan have formally charged former Busan festival chief Lee Yong-kwan with fraud. The decision is certain to be labelled as politically-motivated.
Shanghai Bestar Cinemas Management has signed a deal to open 10 IMAX theaters in China.
Regulators have launched a probe into Baidu, China's largest online search engine operator and one of the country's entertainment giants.
Romantic comedy, "Book of Love" opened a new chapter at the Chinese box office, replacing "The Jungle Book" as the top film.
China's Bruno Wu and Hollywood producer Arthur Sarkissian to work on slate of five projects under Peak Time Entertainment venture.
Viacom agrees Nickelodeon content deal with LeEco, one of China's biggest VoD platforms.
Fortissimo Films picks up rights to "The White King," a dark fable with a largely British cast including Jonathan Pryce and Agyness Deyn.
Mubi, the curated SVoD service, is seeking an upstream move into film production. It will also seek new funding of over $100 million.
Endemol Shine is set as a co-producer on Indian feature movie "Te3n." It will also soon begin its first film in China.
Malaysian pay-TV group Astro has teamed with mobile company Globe Telecom to launch the Tribe OTT video service in The Philippines.
Japanese electronics and entertainment group Sony returned to profit for the year to March. But its Sony Pictures Entertainment division saw its profits drop by 34%. Revenues in Sony’s ‘pictures…