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Recognized and respected throughout the world of show business, Variety is the premier source of entertainment news. Since 1905, the most influential leaders in the industry have turned to Variety for timely, credible and straight forward news and analysis - information vital to their professions.

Last Updated: July 7, 2016

China’s Poly Culture Plans Hong Kong I.P.O.

Patrick Frater
Variety
State-owned enterprise Poly Culture, one of China’s leading auction, cultural and film investors, previously planned to list its shares on the Shanghai Stock Exchange, but dropped them earlier this year due to regulatory uncertainty.&...

Will Wanda Buy Its Way Into Hollywood?

Patrick Frater
Variety
Chinese companies have an unfortunate habit of announcing deals before they are signed, or even agreed on, but Wang’s past dealings and current success give him the credibility that some other wannabe film moguls do not have. 

U.S.-China Film Summit Set to Expand

Patrick Frater
Variety
A step up from last year’s edition, the conference will expand to become an all-day seminar series on November 5, 2013 and will relocate to the Millennium Biltmore Hotel. Li Bingbing and Chris Dodd will receive their awards at a gala dinner.&...

Is China Outgrowing Hollywood Film, TV Industry?

Patrick Frater
Variety
While Western media loves to trumpet its successes in China, with the strong showing of Hollywood blockbusters, it’s clear that China audiences aren’t just sitting and waiting for the next Hollywood blockbuster. 

China’s Overdue Payments to Hollywood Could Happen This Week

Patrick Frater
Variety
Hollywood studios expect to be paid every penny of revenue that has bee earned in China, which is currently held up by a payment dispute. Studio sources suggest that an announcement will be made  within a week.

Hollywood Studios Denied Payments from China

Rachel Abrams
Variety
Sony is up against an issue that has plagued the studios since at least January: The Chinese government wants to impose a value-added tax that cuts into what the studios expected to be their 25% revenue share of the Chinese box office.