Huanxi’s bet looks sound as movie streaming services have gone from strength to strength amid plummeting box-office revenues. Photo: SCMP Handout Huanxi’s bet looks sound as movie streaming services have gone from strength to strength amid plummeting box-office revenues. Photo: SCMP Handout
Huanxi’s bet looks sound as movie streaming services have gone from strength to strength amid plummeting box-office revenues. Photo: SCMP Handout
Cinema
Business /  Companies

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

Topic |   Cinema
Pearl Liu
Pearl Liu

Updated: 8:30pm, 14 Feb, 2021

Why you can trust SCMP
Huanxi’s bet looks sound as movie streaming services have gone from strength to strength amid plummeting box-office revenues. Photo: SCMP Handout Huanxi’s bet looks sound as movie streaming services have gone from strength to strength amid plummeting box-office revenues. Photo: SCMP Handout
Huanxi’s bet looks sound as movie streaming services have gone from strength to strength amid plummeting box-office revenues. Photo: SCMP Handout
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