Jack gao says he is looking for "game-changing" companies he can back through his own Gao Entertainment investment vehicle. To give an idea of what he means, Gao points to his company's stake in…
Executives including Jeffrey Chan, Chen Sijie, Lionsgate International's Wendy Reeds, Li Yansong and Allen Zhu will take part in a China summit conference at Cannes.
"Fast & Furious 7" added a further $17.4 million and remained in top position at the Chinese box office for the fourth week.
Huayi Brothers has signed a deal to install IMAX screens at three of its cinemas in China.
Bona Film Group saw net profits reach $4.9 million in the first quarter, outpacing revenues which doubled.
Alibaba, the Chinese e-commerce giant, ended the year with revenues up by 45% and profits up 26% at $5.64 billion.
Chinese Internet giant Baidu reported revenues up by 34% in the first quarter of 2015. Mobile now accounts for 50%.
Martial arts film would be first co-production between the two countries
"Fast & Furious 7" grossed $72.7 million in its second week at the Chinese box office -- an all time record
Sohu, the Chinese portal, games and search group, reported revenues up by a quarter in the first three months of the year. Losses stabilized.