Burbank, California – The Walt Disney Company announced on April 28 that it has reached an agreement with Shanghai Shendi Group, its joint venture partner in China, to accelerate the expansion of Shanghai Disney Resort. The increased investment of approximately 5 billion yuan (US$800 million) will be used primarily for additional attractions, entertainment and other offerings to increase capacity at the theme park, with the majority targeted to be completed for opening day. … [Read more...] about Shanghai Disney Resort to accelerate expansion
China
YOU On Demand launches YOU Cinema on Xiaomi OTT set-top boxes
New York – YOU On Demand Holdings, Inc., a multi-platform entertainment and Video On Demand company in China, announced on April 28 that its YOU Cinema movie subscription service made its commercial debut on the Xiaomi over-the-top (“OTT”) set-top box as part of YOU On Demand's previously announced distribution deal with China Network Television's (CNTV) subsidiary, Future TV Co. Ltd. Future TV, operating under CNTV's Internet TV broadcasting control license, provides OTT … [Read more...] about YOU On Demand launches YOU Cinema on Xiaomi OTT set-top boxes
Alibaba to invest US$1.22 billion in Youku Tudou
Beijing – Youku Tudou Inc., China's Internet television company (“Youku Tudou” or the “Company”), announced on April 28 that it has entered into definitive agreements with a joint investment vehicle of Alibaba Group Holding Limited (“Alibaba”) and Yunfeng Capital, pursuant to which Alibaba and Yunfeng Capital, through the joint investment vehicle, will invest an aggregate of approximately US$1.22 billion to purchase a number of Class A ordinary shares … [Read more...] about Alibaba to invest US$1.22 billion in Youku Tudou
DHX Media renews licensing rights deals in China
Halifax, Los Angeles, London, Toronto, Vancouver – DHX Media, an independent creator, producer, distributor and licensor of children’s entertainment content, has renewed its deal with BBC Worldwide Asia to represent the licensing rights to key brands Teletubbies (365 x 30’) and In the Night Garden (100 x 30’) in China across all categories. This over-arching deal complements DHX Media and BBC Worldwide’s sub-agent agreement with UYoung Media Group which was … [Read more...] about DHX Media renews licensing rights deals in China
Chinese websites ordered to remove U.S. TV shows
The South China Morning Post reports that Chinese authorities have ordered video streaming websites to stop showing four popular American TV shows, including The Big Bang Theory and The Good Wife, representatives from two sites said on April 27. The move suggests government attention is intensifying on the online content-streaming industry, which is freer than state television and China’s cinemas to show foreign productions and other content and has stretched the boundaries of what can be … [Read more...] about Chinese websites ordered to remove U.S. TV shows
AOL’s MAKERS launches in China
New York and Beijing – MAKERS, the first-of-its-kind multi-platform initiative from AOL becomes a global platform on April 24 with the launch of MAKERS in China. In partnership with Yang Lan, a broadcast journalist and founder of Sun Media Group – one of China's private media companies – MAKERS China highlights and celebrates ten trailblazing Chinese women, and presents an unprecedented opportunity for MAKERS to reach hundreds of millions of new viewers. “By leveraging a … [Read more...] about AOL’s MAKERS launches in China