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Major Media Investor Subsidiary Given Green Light to Operate Cinema Chain

UME, a cinema company belonging to Chinese media investor CMC Capital Group, has received approval for
In Depth: Never-Ending Competition Leaves Online Video Pioneer Youku in Search of Direction

* Rumors spread last December that Alibaba plans to offload money-losing streaming site Youku Tudou,
Exclusive: Thousands of Video Games Forced to Re-Apply for Approval

Thousands of video games that have been queued up for government approval — some for more than a year
Pricey Purchase Plan for Popular WeChat Account Draws Regulator Scrutiny

The Shenzhen Stock Exchange demanded that an online education company disclose more about its eye-popping
New President Brings Major Staff Shakeup to Alibaba's Youku Video Platform

New Youku President Fan Luyuan is making major personnel changes at the Alibaba-owned video platform,
Popular WeChat Account Valued at 2 Billion Yuan Snapped Up By Education Firm

Tencent-backed WeChat is not just a social networking app — it's also a huge content production and circulation
Movie Industry Players Report Poor Performance in 2018

Two of China’s major movie industry players reported poor performance for 2018, even as the country set
5,000 Online Games Await Government Approval After Freeze

Authorities approved a withering one-tenth of online computer and mobile device games waiting to be green-lit
Alibaba Buys 7.8% Stake in Tencent-Backed Video Site Bilibili

“Alibaba is naturally the biggest channel.” Bilibili Chairman and CEO Chen Rui said in December that the
Wanda Film Scales Back Wanda Media Acquisition Plan

A state-owned minority shareholder dropped out of Chinese conglomerate Dalian Wanda Group ’s plans to