China’s Virus Crisis Hands Initiative to Video Streamers, Games Companies

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China’s streaming and online games companies have received a boost from the cancelation of seven major film releases that were expected to have dominated the Chinese New Year holidays, and the enfo…

on Friday announced via social media that they had picked up the Donnie Yen-starring “Enter the Fat Dragon.” The film, which is a remake of the 1978 Wong Jing-directed action comedy. co-directed by Wong and Japan’s Kenji Tanigaki, had been scheduled to release on Feb. 10. It will play online from Feb. 1.

The decisions by Huanxi and Bytedance have caused anger among cinema owners, who have said that the streaming first approach damages the industry. A letter of complaint was sent by 23 cinema chains and film studios, including“This goes against the payment and revenue model that the movie industry has cultivated over many years, is trampling and intentionally destroying the movie industry and premiere models, and play a lead role in causing destruction,” it said.

Both Bona and Huanxi say that they have reserved judgement on whether they will give the titles theatrical outings in the future, when the virus outbreak is under greater control and cinemas reopen. On Thursday, The World Health Organization named the outbreak as a “global emergency.” It defines that as an “extraordinary event” that constitutes a risk to other countries and requires a coordinated international response.

 

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