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Disney's 'Zootopia 2' to hit $1 billion box office, only the second Hollywood film to do so this year
CNBC· 2025-12-12 18:32
Disney's "Zootopia 2" follows detectives Judy Hopps and Nick Wilde find themselves on the twisting trail of a mysterious reptile who turns the mammal metropolis of Zootopia upside down.The Walt Disney Company tallied its second billion-dollar film of 2025 with the help of a determined bunny and mischievous fox."Zootopia 2" is set to top $1 billion at the global box office on Friday, according to company estimates, joining the live-action remake of "Lilo & Stitch" as the only Hollywood-made films to cross th ...
【晶采观察·解码“十四五”】“新三样”圈粉 中国出口“含新量”更足
Yang Guang Wang· 2025-08-27 01:41
Group 1 - The core achievement of the "14th Five-Year Plan" is the significant increase in the export of high-tech products, with the "new three samples" expected to grow 2.6 times by 2024 compared to 2020 [1] - The transition from traditional exports like clothing and furniture to high-tech products such as electric vehicles, lithium batteries, and solar cells indicates a structural optimization in China's foreign trade [2] - The cultural "new three samples," including online literature, web series, and video games, are gaining popularity overseas, showcasing China's growing influence in global consumption [2] Group 2 - The development of the "new three samples" reflects a shift from quantity and price competition to quality and innovation, highlighting the strengthening core competitiveness of China's foreign trade [2] - The robust supply chain and production capabilities support the high-quality and innovative demands of consumers, aided by customs protection measures for intellectual property [3] - Customs efforts in intercepting counterfeit products demonstrate China's commitment to protecting both domestic and foreign intellectual property rights, enhancing the overall business environment [3]
China's Fading Box Office Delivers Rare Profit-boost For Imax China
Benzinga· 2025-08-04 13:23
Core Insights - The big-screen movie company returned to profit growth in the first half of 2025, primarily driven by the success of the animated film "Ne Zha 2," which accounted for half of all ticket sales in a struggling market [2][3] Company Performance - Imax China reported a 32% year-on-year increase in revenue, reaching $57.8 million, while profit surged 89% to $23.89 million in the first half of 2025 [3][8] - Revenue from content solutions more than doubled to $20.8 million, up 123%, largely due to profit-sharing from "Ne Zha 2," which grossed 15.45 billion yuan [6][7] Market Context - The Chinese box office has shown signs of decline after a peak in 2019, with annual revenue consistently below 60 billion yuan; the highest post-pandemic figure was 54.9 billion yuan in 2023, but it fell to 42.5 billion yuan in 2024, a 22.6% year-on-year decrease [10][11] - In the first half of 2025, the Chinese movie industry recorded box office revenue of 29.2 billion yuan, a 23% increase year-on-year, but excluding "Ne Zha 2," the figure would have been only 19 billion yuan, down from 23.9 billion yuan in the same period last year [12] Consumer Behavior - Imax tickets are priced higher than standard films, which may deter consumers, especially during economic slowdowns when discretionary spending is cut back [13][14] - The reliance on specific genres, such as sci-fi and animated films, adds volatility to Imax China's revenue, as the success of the company is closely tied to the broader movie market trends [15][16] Future Outlook - The company's recent success may not be sustainable, as the performance heavily depended on "Ne Zha 2," and the overall market remains uncertain [9][10] - Imax China's fate is largely influenced by the availability of popular movie genres and the overall health of the box office, indicating that its future performance is not entirely within its control [17]
CGTN: A letter to inspire: Xi's words resonate across China's thriving film industry
Globenewswire· 2025-07-14 10:42
Core Insights - The article highlights the significant impact of President Xi Jinping's recent communication with veteran film artists on China's film industry, emphasizing the need for innovative and culturally resonant cinematic works [3][9][14] - China's film industry is experiencing remarkable growth, with record-breaking box office performances and a strong integration of technology and culture [2][12][8] Industry Growth and Achievements - China has become the world's second-largest film market, recording over 1.01 billion cinema visits in 2024 and surpassing 30 billion yuan (approximately $4.18 billion) in cumulative box office revenue for 2025 within just 189 days [12][13] - The animated film "Ne Zha 2" has set a new benchmark as the highest-grossing animated film globally, showcasing the industry's potential for international success [2][4] Technological Innovation - The film industry is leveraging advanced technologies such as computer graphics, 3D printing, and motion capture to enhance storytelling and visual effects, as seen in productions like "Ne Zha 2" and "The Wandering Earth 2" [5][7][6] - A collaborative effort among 138 animation studios has enabled the creation of highly detailed and immersive cinematic experiences, pushing the boundaries of what is possible in filmmaking [5][8] Cultural Significance - The blending of modern technology with China's rich cultural heritage is producing narratives that resonate with both domestic and global audiences, as evidenced by recent hits that reinterpret ancient legends [8][9] - The film industry is seen as a vital platform for expressing national identity and cultural confidence, with calls for filmmakers to create works that reflect contemporary societal aspirations [3][14]
X @Forbes
Forbes· 2025-07-09 20:53
“Ne Zha 2,” a Chinese animated film that has shattered box office records and is easily this year’s top-grossing film, will get an English-language U.S. release starring Michelle Yeoh next month. (Photo: VCG via Getty Images)https://t.co/oFhBNqVrlY https://t.co/K1QHBW0SJ3 ...
X @Forbes
Forbes· 2025-07-09 19:50
English Version Of ‘Ne Zha 2’—Biggest Box Office Hit Of 2025—Will Hit U.S. Theaters In Augusthttps://t.co/BpZVVA1oKU https://t.co/fTa6dUHqHV ...
X @Forbes
Forbes· 2025-07-09 19:49
English Version Of ‘Ne Zha 2’—Biggest Box Office Hit Of 2025—Will Hit U.S. Theaters In August https://t.co/KUr4ZZGrSE https://t.co/KUr4ZZGrSE ...
X @Bloomberg
Bloomberg· 2025-06-30 01:00
Film Industry Performance - "Ne Zha 2" is the most successful movie in Chinese history [1] Industry Sentiment - Despite the success of "Ne Zha 2", the film industry is depressed [1]
X @Bloomberg
Bloomberg· 2025-06-29 22:34
Film Industry Performance - "Ne Zha 2" is the most successful movie in Chinese history [1] - Despite the success of "Ne Zha 2", the film industry is facing depression [1]
CGTN: Two years on, China's Global Civilization Initiative gains greater relevance in a turbulent world
Globenewswire· 2025-03-15 13:01
Core Points - The Global Civilization Initiative (GCI) proposed by Chinese President Xi Jinping has gained relevance amid global uncertainty and division [2][3] - China's respect for cultural diversity positions it as a role model for promoting world peace and stability [1][3] Group 1: Initiative Overview - The GCI emphasizes respect for cultural diversity, common human values, and stronger international exchanges [2][5] - Xi Jinping highlighted the importance of embracing multiple civilizations for a harmonious world [4][5] Group 2: Global Context - The GCI is increasingly significant in the face of rising anti-globalization trends and conflicts [3][6] - The UN recognized China's commitment to civilization dialogue by designating June 10 as the International Day for Dialogue among Civilizations [6] Group 3: Public Support - A CGTN poll indicated that 80.3% of respondents view multiple civilizations as beneficial for global development, with 89.6% calling for greater dialogue [7] Group 4: Cultural Initiatives - China has hosted various international forums to promote cultural exchange and understanding, such as the World Conference of Classics [8] - Significant cultural preservation efforts include the UNESCO recognition of the Beijing Central Axis and the Chinese Spring Festival [9] Group 5: Cultural Promotion - China is actively promoting its traditional culture through successful global media, including films and video games [10] - Initiatives to strengthen people-to-people exchanges include inviting 50,000 students over five years and expanding visa-free entry to 29 countries [11]