Post Tagged with: "China"

Australia’s Quickflix Cancels China Takeover Deal
/ August 24, 2015 1:59 pm

Variety reports "Australian streaming video company Quicklix says it has called off a deal announced earlier this month to acquire a Chinese film and TV firm. The cancellation is a further blow to Quickflix which is struggling to make headway in the newly competitive Australian online video sector, and follows the cancellation of a previously announced sub-distribution deal with Presto, a larger rival.". Read More

Nintendo had its best fiscal Q1 since 2012 as it beats analyst expectations
/ July 29, 2015 6:28 pm

VentureBeat reports "This morning, the publisher reported the results of the first quarter of its fiscal 2016, which represents the three months ending on June 30. And the company revealed that it generated more than $729 million (90 billion yen) in sales. That is up from $603 million (75 billion yen) during the same period last year.". Read More

Game companies must temper expectations for Chinese market
/ July 21, 2015 5:50 pm
Game companies must temper expectations for Chinese market

Gamesindustry.biz reports "Superdata's Joost van Dreunen on why Western companies will find China a hard market to crack for some time.". Read More

Eight Reasons Why Netflix Will Struggle In China
/ June 17, 2015 4:19 pm
Eight Reasons Why Netflix Will Struggle In China

Variety reports "This week’s first-time disclosure by Chinese online video firm iQIYI of its subscriber numbers and the confirmation that Alibaba will soon be ramping up its own subscription video service have put a new spotlight on the financial feasibility of China’s video streaming sector.". Read More

Imax Sets China Unit IPO Goal at $300 Million
/ June 16, 2015 1:09 pm
Imax Sets China Unit IPO Goal at $300 Million

The Hollywood Reporter reports "Imax is looking to raise as much as $300 million via a Hong Kong stock exchange IPO of its Imax China unit in the third quarter of 2015, The Wall Street Journal reported Tuesday.". Read More

China’s LeTV To Invest $775 Million in Hong Kong Expansion
/ June 2, 2015 1:03 pm
China’s LeTV To Invest $775 Million in Hong Kong Expansion

Variety reports "LeTV, one of China’s top online video platforms, has announced plans to expand from mainland China into the Hong Kong video entertainment market. The company said that it will invest up to HK$6 billion (US$775 million) in the development. The company said that it would offer an extensive array of video content. It reported that it has struck TV content supply deals with companies including the BBC and Sanlih Entertainment Television.". Read More

Succeeding in China — where 91% of the 34K mobile games released since October have failed
/ May 27, 2015 12:28 pm

VentureBeat reports "China is enormous for smartphone gaming, but that’s led to developers oversaturating the app stores in the world’s most populous nation. Even if your game isn’t related to wagering or gambling, NG says that Chinese players are more likely to respond to an app if it features some sort of game of chance in it. These same players also enjoy more competitive games and enjoy going head-to-head.". Read More

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