Huanxi’s bet looks sound as movie streaming services have gone from strength to strength amid plummeting box-office revenues. Photo: SCMP Handout
Producer of Oscar-winning Crouching Tiger, Hidden Dragon aims to turn film studio Huanxi Media into ‘China’s Disney+’ as pandemic leaves cinemas reeling
- Dong Ping has unveiled the extent of his ambitions – to build the movie streaming platform into China’s answer to Disney+
- The days of using box-office receipts to gauge a movie’s success may be numbered as online streaming takes over, says PwC analyst
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Huanxi’s bet looks sound as movie streaming services have gone from strength to strength amid plummeting box-office revenues. Photo: SCMP Handout
