www射-国产免费一级-欧美福利-亚洲成人福利-成人一区在线观看-亚州成人

US EUROPE AFRICA ASIA 中文
Business / Technology

Alibaba Pictures is on a mission

By Meng Jing (China Daily) Updated: 2015-06-25 07:35

Alibaba Pictures is on a mission

The Hong Kong-listed Alibaba Pictures will team up with Paramount in online ticketing, promotions and merchandising for Mission: Impossible-Rogue Nation in China. [Photo/IC]?

Cash-rich Alibaba Pictures Group Ltd made its first major move into Hollywood by investing in the next Mission: Impossible movie.

The film division of e-commerce giant Alibaba Group Holding Ltd has agreed to a deal with California-based Paramount Pictures to promote the Hollywood blockbuster in China, it said in a statement on Wednesday.

The Hong Kong-listed Alibaba Pictures will team up with Paramount in online ticketing, promotions and merchandising for Mission: Impossible-Rogue Nation in China.

No financial figures about the deal were released.

"Mission: Impossible-Rogue Nation is our first step toward internationalization and Alibaba Pictures looks forward to collaborating with more international movie studios," Zhang Qiang, CEO of Alibaba Pictures, said in a statement.

The film stars Tom Cruise and is due in theaters on July 31. One of Paramount's big box-office earners, the previous four films in the franchise grossed $2 billion worldwide.

Mission: Impossible-Rogue Nation is expected to be another smash hit for Paramount and at the same time increase the presence of Alibaba Pictures on the global stage.

Set up last year to tap into the digital entertainment industry, Alibaba Pictures has a team in California to look for investment and partnership opportunities.

This deal with Paramount is the latest move to cash in on China's movie boom, according to Huang Guofeng, an analyst at Internet consultancy Analysys International.

Teaming up with Hollywood movie studios is important for Chinese companies as they expand into the country's booming digital entertainment industry.

"Hollywood movies often get higher returns in China compared with domestic movies," Huang said. "By teaming up with Hollywood partners, Alibaba Pictures can be a key player in the future when China increases its quota on foreign movie imports."

China's quota system restricts foreign film imports to 34 a year. But the number is likely to increase further in 2017, according to industry insiders, when a new quota system is brought in.

Many of China's traditional filmmakers, such as Huayi Brothers Media Group and Bona Film Group, have been riding the going global wave. But this has not stopped China's powerful Internet companies from flexing their muscles in the film industry.

Huang said Alibaba Pictures may lack experience in making movies, but its online platforms can be used to promote and sell tickets online.

"Plus, it has enough cash to invest and buy new titles because it has a very rich parent company, which raised $25 billion in the world's largest initial public offering last year," he said. "Whatever it lacks, it can go out and buy."

Hot Topics

Editor's Picks
...
主站蜘蛛池模板: 一个人看的免费高清视频日本 | 在线观看视频一区二区三区 | 国产欧美日韩视频在线观看一区二区 | 久色小说| 九九视频国产 | 亚洲在线中文字幕 | 国产深夜福利视频网站在线观看 | 亚洲精品午夜一区二区在线观看 | 国产精选一区 | 久久亚洲国产视频 | 未满14周岁啪啪网站 | 国产乱子伦在线观看不卡 | 手机看片国产免费久久网 | 在线观看国产日本 | 一本久道久久综合婷婷五 | 亚洲一区免费在线 | 一级aaaaaa毛片免费 | 亚洲逼 | 国产成人tv在线观看 | 久久羞羞 | 久久免费视频播放 | 日韩免费一级a毛片在线播放一级 | 亚洲悠悠色综合中文字幕 | 欧美成人性色大片在线观看 | 免费国产不卡午夜福在线观看 | 一级毛片一级毛片a毛片欧美 | 日本丶国产丶欧美色综合 | 久草在线青青草 | 99精品在线视频观看 | 久久超级碰 | 日本一区二区三区欧美在线观看 | 国内精品2020情侣视频 | 黑人巨大交牲老太 | 久草视频免费播放 | 韩国美女爽快一级毛片黄 | 久久久精品一区 | 黄黄的网站在线观看 | 久久亚洲精品中文字幕第一区 | 国产日产精品_国产精品毛片 | 二级毛片在线播放 | 日韩a级片 |