Suvarna Garge (Editor)

Alibaba Pictures

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Covid-19
Industry  Film
Headquarters  Hong Kong
Parent organization  Alibaba Group
Key people  Zhang Qiang (CEO)
Founded  2014
Alibaba Pictures httpsuploadwikimediaorgwikipediaen99dAli
Stock price  1060 (HKG) HK$ 1.36 -0.01 (-0.73%)24 Feb, 4:08 PM GMT+8 - Disclaimer
Films produced  See You Tomorrow, Once Upon a Time, Journey to the West: Conqueri, Paradox, Legend of the Ancient Sword

Alibaba pictures buy shares in steven spielberg s ambin partners


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.

Contents

Losses halved at alibaba pictures


History

In March 2014, Alibaba Group bought a 60% stake in ChinaVision Media for $805 million. Alibaba initially registered a film company in the following April with the name Alibaba Films Group before changing it to Alibaba Pictures Group later in the month. Two heads from ChinaVision were listed as directors of Alibaba Pictures. In June 2014, ChinaVision Media was officially renamed to be Alibaba Pictures Group. The following July, Zhang Qiang resigned as vice president of China Film Group to become the head of Alibaba Pictures. Later in the month, Alibaba Pictures entered agreements with filmmakers and film companies, including director Wong Kar Wai and the Hong Kong-based film production company Block 2. The company purchased Yueke and at the end of 2015, Taobao Movie and Yulebao. On October 9, 2016, Amblin Partners struck a deal with Alibaba, in which Alibaba acquired a minority equity stake in the company and will handle marketing, distribution, and merchandising of Amblin Partners films in China in addition to co-financing Amblin and DreamWorks films worldwide.

Filmography

  • Wolf Totem (2015) – distributor
  • Mission: Impossible - Rogue Nation (2015) – investor
  • Little Door Gods (2016) - distributor
  • Teenage Mutant Ninja Turtles: Out of the Shadows (2016) - investor
  • Star Trek Beyond (2016) - investor
  • See You Tomorrow (2016) – production, distributor
  • Real (2016) - investor, distributor (China)
  • Journey to the West: Conquering the Demons 2 (2017) - production
  • Once Upon a Time (2017) - production
  • Ao Jiao Yu Pian Jian (TBA)
  • Asura (2018)
  • The Flying Tigers (TBA)
  • Ge Jin Tao Hua (television series, TBA)
  • Legend of the Ancient Sword film (Renny Harlin, TBA) - production, distributor (in production)
  • The Legend of Zu 2 (television series, TBA)
  • My Fair Princess animated film (TBA) - production
  • Night at the Museum remake (TBA)
  • No Other Love (TBA)
  • Qi Huan Zhi Lv (TBA)
  • Qing He Male College (TBA)
  • Storming 30 Years (TBA)
  • Sword of Legends 2 (TBA)
  • Zhengtu (TBA)
  • Untitled Giuseppe Tornatore film (TBA)
  • Warrior Cats (TBA)
  • References

    Alibaba Pictures Wikipedia


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