“We plan more acquisitions to help the development of the Chinese film industry,” said Zhang Qiang, CEO of Alibaba Pictures. “The capital feast has just begun.” Zhang was speaking Sunday at a seminar…
Bona Film Group
Bona Film Group shareholders have overwhelmingly voted to be taken private by companies including Alibaba, Tencent and Fosun.
Bona Film Group, one of China's top film distributors and producers, has secured a $100 million loan agreement.
China's Bona Film Group has settled terms for its withdrawal from NASDAQ, with investment arms of both Alibaba and Tencent buying in
Supposed disappearance raises corruption investigation concerns. Firm is substantial backer of Jeff Robinov's Studio 8.
"The Martian" delivered a solid opening at the Chinese box office with a $5.91 million score on Wednesday (Nov 25.) With a day of previews worth another $1 million, that gave the Matt Damon-starring…
Revenues from its chain of theaters helped Chinese film studio Bona Film Group weather a weak quarter for its distribution activities.
Bona film group celebrated its 15th anniversary in June with a lavish dinner for some 200 friends at a luxury hotel in Shanghai. Among the touches were Coca-Cola bottles personalized with the names…
The Chinese group now owns 20% of Ridley Scott's hit film "The Martian," investing in five upcoming studio titles.
Profits at China's Bona Film Group rose by 58% in the second quarter of the year, hitting $8.7 million.
The rout on China's roller coaster stock markets has dented the business plans of media and entertainment firms. Real damage could follow.