#China Box Office: ‘Ninja Turtles’ Bombs as Local Blockbuster ‘No More Bets’ Hits Jackpot With 1M

#China Box Office: ‘Ninja Turtles’ Bombs as Local Blockbuster ‘No More Bets’ Hits Jackpot With $101M

Local crime thriller No More Bets dominated China’s box office during the Aug. 11-13 weekend, bringing in a boffo $101.1 million haul. The film enjoyed generous preview screenings ahead of its opening on Wednesday and has earned an eye-popping $247.5 million already. Meg 2: The Trench, the giant shark action sequel co-produced by Warner Bros….

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#Sony India, Zee Entertainment Merger Gets Key Approval

#Sony India, Zee Entertainment Merger Gets Key Approval

Indian regulators have approved, after much delay, the proposed merger between Sony’s TV operations in India and the country’s Zee Entertainment Enterprises. It would bring together linear TV networks, digital businesses, production operations and content libraries to create an Indian sector powerhouse. The merger, first unveiled in 2021, faced antitrust and other concerns. Last year, the…

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#Netflix Unveils Five Japanese Reality Series

#Netflix Unveils Five Japanese Reality Series

Netflix is betting big on reality TV as it seeks to expand its reach in Japan, a key international growth market amid plateauing subscriber gains for streaming services in much of the West. The company unveiled a slate of five reality series Wednesday at its offices in Seoul, South Korea, during an event showcasing unscripted…

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#Sony Pictures Quarterly Profit Drops to 5M

#Sony Pictures Quarterly Profit Drops to $115M

Sony Pictures saw its fiscal first-quarter bottom line drop to a profit of $115 million (16 billion yen), down 68 percent from the $394 million (50.7 billion yen) profit it reported during the same period in 2022. While theatrical sales were up, revenue from new TV series and streaming licensing were down. Promotional costs also…

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