Latest in Alibaba Pictures

Alibaba Pictures, the entertainment arm of Chinese e-commerce giant Alibaba Group, has issued a profit warning, saying it expects losses for the financial year ended March 31, 2020 to range from RMB 1.1B-1.2B ($156M-$170M). That would be an increase of over 330% as compared to the previous year. The company cited…

Chinese viewers tuned in to watch the Oscars live beginning at 7:30 AM Monday local time, following along as Green Book took Best Picture honors. The win has made national headlines in the Middle Kingdom and could have significant resonance in the country, where the film releases Friday and has the muscle of Alibaba Pi…

STXfilms is reteaming with Alibaba Pictures for U.S. distribution rights to Peppa Celebrates Chinese New Year, a feature film based on the  British cartoon franchise. The film opens in China on February 5, in time for the first day of Chinese New Year and the first day of the Chinese zodiac's Year of the Pig. At the…

STX Entertainment is partnering with Alibaba Pictures to co-produce and co-finance content from its upcoming UglyDolls franchise as the studio looks to build a long-term global IP. The animated feature film based on David Horvath and Sun-Min Kim’s popular toy line opens on May 3. Already, STX is planning an animated…

Tom Cruise traveled to Beijing this week ahead of today’s opening of Mission: Impossible – Fallout which has scored a Day One debut of $28M. That includes Thursday midnights and makes this the biggest launch for the franchise in the Middle Kingdom. The international box office cume on the Paramount Pictures/Skydance…

Amblin Partners has begun principal photography on A Dog's Purpose sequel, A Dog's Journey with Dennis Quaid and Josh Gad returning to reprise their roles from the original. Co-financed and co-produced by Walden Media and Alibaba Pictures, A Dog's Journey is set for domestic release via Universal on May 17, 2019. The…

STX Entertainment and China’s Alibaba Pictures have made a deal to co-develop and co-produce Steel Soldiers, an action/sci-fi film to be produced by Robert Zemeckis’ ImageMovers. Under terms of the pact, STX will handle U.S. and international distribution, with Alibaba Pictures retaining rights in Greater China. The…

Alibaba Pictures’ content business did well in the first six months of 2017 — but the entertainment e-commerce business drove the company in the period, it reports today. The film division of Jack Ma's Chinese e-commerce giant Alibaba saw revenues increase 313% to 1.06 billion yuan $161.1 million). But costs also…

Alibaba Pictures has named Fan Luyuan as CEO and chairman of the executive committee, the company said in a regulatory filing to the Hong Kong Stock Exchange today. Fan is already executive director and member of the executive committee. He succeeds Yu Yongfu, the fast-rising tech exec who was appointed CEO last…

FoxNext, the new gaming and VR division of 21st Century Fox, has made its first big play in the gaming space by acquiring mobile-game developer Aftershock. The company, which has offices in Los Angeles and San Francisco, earlier this year spun off from Kabam, after South Korean gaming company NetMarble purchased…

With a very vocal Donald Trump ready to become President of the United States, his appointments of trade policy maker Peter Navarro (who penned the book and subsequent documentary Death By China) and protectionist advocate Robert Lighthizer as United States Trade Representative, and Republicans and Democrats alike…

In response to new market demands and technological applications, Alibaba Pictures is joining forces with the Shanghai Theatre Academy and Fosun Group to explore new models for developing film and TV talent in China. An aim is to reform arts education and open new areas for the integration of industry, academia and…