Networking Giant Cisco Indirectly Acquires Piece Of China’s Biggest Online Game Company Shanda
The development of the Chinese online gaming industry is not just marked by its domestic profitability, but reflected in its international recognition. As some indigenous online game companies are becoming more and more successful, they have attracted the attention from many international investors. Based on this article from Red Herring, this trend of internationalization seems to have been ongoing and is likely to continue.
Chinese Audience to Enjoy French Flavour at Film Festival
In recent years, there has been an increasing amount of cultural communication and exchange between China and France. The movie tour described in this article from Sina.com is a typical example of how the French government is promoting its culture in China, and how that is welcomed by Chinese authorities. It could be considered as a sign of China’s willingness to enhance the understanding and appreciation of other cultures through entertainment.
Analysys International Rates China’s IPTV Short-term Investment Value Low
Most telecommunication and media practitioners hold the belief that IPTV has huge potentials in China. But based on a report by Analysys International, the return on investment may not be quite optimistic in the short term. This brief summary from TVover.net has some additional details.
China’s First Scifi TV Series: 天使在线 (Angel Online)
Science fiction has not been a popular genre in domestic TV or film production in China. It could possibly be due to the high costs in creating special effects, as well as the abundance of foreign sci-fi media products already available in the Chinese market. It seems rather curiosity arousing to learn more about the first Chinese science fiction TV series from this following article.
Jet Li: Growing Chinese Box Office Will Force Hollywood to Cater to Chinese Tastes
It is true that the box office of the Chinese film industry has been continuously growing in the past few years. According to Jet Li in this story from Sina.com, Hollywood studios would be driven by the demand of this huge market to produce films that meet the preferences of Chinese moviegoers. While his comments seem to make sense to a certain extent, what really concerns Hollywood and other international media corporations at this point, though, appears to be whether government restrictions on the foreign films will be loosened to allow more opportunities for international competition.
“The total Chinese box office in 2004, mainly derived from big cities, was 1.5 billion yuan (US$186 million; €154 million) and the figure is expected to have risen to 2 billion yuan (US$248 million; €205 million) in 2005, according to official statistics.”