With the coronavirus and everyone staying home, China’s ByteDance releases more movies on their steaming video apps.
China’s Streaming Wars Just Got a Little More Interesting With All Major Films Postponing Their Releases Due to the Coronavirus Outbreak in Wuhan, One Company is Taking Advantage of the Masses Staying Indoors.
The 2019 China Box-Office was a lack luster year for the Middle Kingdom, with most pundits talking about Hollywood’s declining cinema take. While in reality it it was the local films inability to increase year-on-year ticket sales above 0.5% from 2018 that is the real issue.
With “Ne Zha” making over $700MM at the China Box-Office this could be the beginning of the Chinese superhero, not only the rise of Chinese Animation aka Sinomation.
With $2.8 billion dollars already at the China Box-Office Shang-Chi And The Legend Of The Ten Rings, with two MCU coming before it, has the potential of putting Marvel Studios at $4 billion in China.
Dan Mintz’s Chinese media company turned mini movie studio is at risk of going under, and will it take Valiant Comics with it?