Why Does Alibaba Still Choose To Make Films?

-


“Why does Alibaba still choose to make films? Because the film industry has unparalleled influence. When we calculate the economic impact of the film industry, we should calculate huge benefits and influence that movies bring to society and the relevant economies.”
- Li Jie, Senior Vice President of Alibaba Pictures at the 2019 China Golden Rooster & Hundred Flowers Film Festival.


Alibaba Pictures Group is a Chinese film company under Alibaba Group. The film company was formerly ChinaVision Media, of which Alibaba Group bought a majority stake in late 2014. It subsequently was renamed from ChinaVision to Alibaba Pictures Group. By April 2015, it was the largest Chinese film company by worth, with a market value of US$8.77 billion and by June of the same year it was worth US$9.6 billion.

Comments

Post a Comment

Popular posts from this blog

The Rosman Sisters of Nollywood

-
Image
The Rosman Sisters of Nollywood Meet the most beautiful sisters in Nollywood They are like the three sisters, Graces of the classical Greek mythology, gddesses of Charm, Beauty, Nature, Human creativity, goodwill, and fertility, together known as the Charites: Aglaea ("Shining"), Euphrosyne ("Joy"), and Thalia ("Blooming"). Nwandiuto Cassandra Rosman, Sunshine Rosman and Honeybell Rosman who have taken up the mantle of legacy of their father, Giovanni Rosman, a famous Canadian born actor in Nollywood, the phenomenal indie film industry in Africa that is ranked the second largest film industry in the world after Bollywood of India in the annual quantity of movies produced worldwide.  Rosman studied at the University of Victoria and worked at the British Columbia Ferries before relocating to Nigeria and got married to a Nigerian Igbo woman, a humanitarian worker..   The most popular of the sisters is Uto Rosman, who is also a singer, model and social
Read more

Champions of Our Time DVD Out On December 17

-
Image
Champions of Our Time DVD will be released nationwide on December 17, 2012 and also on Amazon.com for USA and Canada where millions of Nigerians and other Africans in the Diaspora have been demanding for the DVD version. Champions of Our Time is the family movie for this Christmas season and a collector’s item in every home. It will be sold nationwide by Denziot Integrated and logistics limited of 7B Fatai Kaffo Crescent, Off Agungi Agirun Road, Lekki, Lagos. The multiple awards winning movie sponsored by the Lagos state government became the first and the only Nollywood movie to win the major ECOWAS Special Prize and the Prix spécial du jury pour une œuvre de fiction TV/Vidéo (Special Jury Prize for TV/Video fiction) with a value of one million CFA francs at the highly competitive Panafrican Film and Television Festival of Ouagadougou ( FESPACO) in 2011. Champions of Our Time with screenplay by the award winning screenwriter Chidi Nwokeabia and directed by award winning fi
Read more