Strawbear slips into the red but seeks salvation in AI
The drama production company has lost 90% of its market value since an IPO three years ago, and just posted its first annual loss Key Takeaways: Strawbear Entertainment made a…
FAST NEWS: Maoyan profit surges on post-pandemic rebound
The latest: Online movie ticketing platform Maoyan Entertainment (1896.HK) reported Thursday its profit rose 7.7 times to 908 million yuan ($126 million) in 2023, in line with its previous estimate last…
FAST NEWS: Maoyan profit doubles on strong movie box office
The latest: Maoyan Entertainment (1896.HK), China’s main online movie ticketing platform, issued a positive profit alert Thursday, forecasting its net profit for the first half of the year would range between 380 million…
Maoyan Leans on Tech Giants to Tap China’s Film Rebound
The online ticket seller and film producer has renewed key agreements with Tencent and Meituan as China's film industry starts to recoverKey Takeaways:Maoyan has announced renewed tie-ups with internet giants…
FAST NEWS: Maoyan Entertainment Announces President’s Departure
The latest: Online movie ticketing platform Maoyan Entertainment (1896.HK) said on Thursday its President Gu Sibin resigned effective Sept. 30 to pursue other personal goals. Looking up: The company said…
FAST NEWS: Maoyan’s Profit Havled as Pandemic Weighs on Movie Distribution
The latest: Maoyan Entertainment (1896.HK), China's main online movie ticketing platform, issued a profit warning Wednesday, forecasting its net profit for the first half of the year would range between 130…
FAST NEWS: Maoyan Makes Further $21 Million Impairment Provision for Uncollected Receivables
The latest: Chinese online movie ticket seller Maoyan Entertainment (1896.HK) announced Tuesday it is making a further impairment provision of 139.9 yuan million ($21 million) following a revaluation of receivables, with…
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