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Imax to Open Four Theaters in Shanghai With Broadway Group (EXCLUSIVE)

Imax to Open Four Theaters in Shanghai With Broadway Group (EXCLUSIVE)
Patrick Frater, provided by
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Giant-screen cinema company Imax and Greater China exhibition company Broadway have struck a deal to build four additional Imax theaters in mainland China’s biggest city Shanghai. The agreement means that Imax is on course to have close to 1,000 venues in operation in mainland China.
All four downtown Shanghai sites will adopt top-end laser technology. They include One East, a flagship mixed use property owned and operated by Brookfield Properties that is set to open later in 2021.
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Broadway, affiliated to Bill Kong’s Hong Kong-based Edko distribution and exhibition group, now operates 436 screens in 52 complexes in China. Broadway has eight Imax theaters in some of mainland China’s top markets, including Shanghai, Shenzhen, Guangzhou, Hangzhou and Chongqing.

China , Guangzhou , Guangdong , Chongqing , Shanghai , Hong-kong , Shenzhen , Hangzhou , Zhejiang , Tessa-lau , Instagram , Brookfield-properties

China's Cinema Screen Count Leaps Despite COVID Closures

China's Cinema Screen Count Leaps Despite COVID Closures
Rebecca Davis, provided by
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Despite nearly six months of cinema closures due to COVID-19, China actually built nearly 6,000 more new screens in 2020, according to a new report from the country’s film authorities.
The data contradicts the disastrous predictions made over the summer about the extent to which the pandemic would devastate the Chinese exhibition sector.
More from Variety
China now boasts 75,581 screens nationwide at some 12,700 complexes, having built 5,794 more screens last year, said the National Office for Special Film Funds, a committee under the direct management of the powerful Central Propaganda Department made up of cadres from that body and the Ministry of Finance. Growth did slow, however: to compare, China built around 9,700 new screens in both 2019 and 2018. It began 2020 with around 69,800 screens at some 12,400 complexes.

Hengdian , Zhejiang , China , Xinjiang , Jiangxi , Shanghai , Hainan , Maoyan , Jiangsu , Qinghai , Guizhou , Inner-mongolia

Netflix Picks up Chinese New Year Fantasy 'The Yin Yang Master'

Netflix Picks up Chinese New Year Fantasy 'The Yin Yang Master'
Patrick Frater, provided by
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Netflix has picked up international rights to “The Yin Yang Master” a film that is one of the big seven tentpole titles that will open in mainland Chinese cinemas on Friday and compete for Lunar New Year holiday audiences.
Netflix acquired distribution rights in the rest of the world ex-mainland China from Huayi Brothers Media (“The Eight Hundred”).
More from Variety
The fantasy movie is a game-to-film adaptation of “Onmyoji” directed by Li Weiran (“Love Will Tear Us Apart,” “Welcome to Shamatown”) and starring Chen Kun (“Mojin: The Lost Legend”) and Zhou Xun (“Cloud Atlas,” “Painted Skin”).

China , Japan , Huayi , Shanghai , Yin-yang , Jiangsu , Hong-kong , Maoyan , Chinese , Chang-chia-lu , Shigeru-umebayashi , Chen-kuo-fu

U.S. Box Office Plummets 80%, Global Revenue Drops 71% in 2020 Amid Pandemic

U.S. Box Office Plummets 80%, Global Revenue Drops 71% in 2020 Amid Pandemic
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China , United-states , Canada , America , American , Paul-dergarabedian , Will-smith , Ben-rothstein , Warner-bros , Instagram , Ctmg-inc , Twitter