Netflix solidified its position in Hollywood by recently taking the empty seat at the Motion Picture Association of America vacated when Disney acquired Fox.
Amazon is preparing to acquire Landmark Theaters according to unnamed sources. Fewer and fewer Americans are going to the theater, but those that do are spending more and more.
At the Sundance Film Festival, theatrical ticketing service, MoviePass launched a new service to acquire distribution rights in partnership with other buyers.
China doubled the number of movie screens from 20,000 in 2013 to 41,000 by 2016. Conversely, 2016 was the worst year in a decade at China’s box office.
On Monday, China passed its first law addressing unbridled box office fraud. For years, theatrical corruption has been accepted as a part of doing business.
January 14, 2016FilmTakeComments Off on Insight: Wanda’s Antitrust Issue After Legendary Acquisition
Antitrust issues are on the horizon for Wanda Group: CEO Wang Jianlin, China’s richest individual, announced the acquisition of Legendary for $3.5 billion.