China movie ticket sales soar in 2017

People print movie tickets from a machine at a cinema in Tianjin, China (Reuters)
Updated 01 January 2018
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China movie ticket sales soar in 2017

BEIJING: China’s total domestic movie ticket sales rose 13.5 percent in 2017 to 55.9 billion yuan ($8.6 billion), a state news agency said Monday.
The top-grossing title was the mainland-made action picture “Wolf Warrior 2,” which took in 5.7 billion yuan ($875 million), the Xinhua News Agency said, citing data from the State Administration of Press, Publication, Radio, Film and Television.
China is the second-largest global film market and is narrowing the gap with the US, where last year’s domestic box office is estimated to have declined 2.6 percent from 2016 to $11.1 billion.
Mainland-made movies accounted for 54 percent of 2017 ticket sales, or 30.1 billion yuan ($4.6 billion), according to Xinhua.
The No. 2-grossing title was the Hollywood action movie “The Fate of the Furious,” which earned 2.7 billion yuan.


Arab media union discusses cooperation at Tunis gathering

Members of the Arab States Broadcasting Union meet at its headquarters in Tunis on Saturday. (SPA)
Updated 08 December 2018
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Arab media union discusses cooperation at Tunis gathering

  • The ASBU provides important services to members such as engineering and consulting services

JEDDAH: The executive council of the Arab States Broadcasting Union (ASBU) met on Saturday in Tunis to discuss media-related issues in the Arab world and to come up with suggestions to boost cooperation.

The ASBU provides important services to members such as engineering and consulting services, exchange of radio and television news and programs.

In early 2009, the ASBU officially launched its Multimedia Exchange Network Over Satellite MENOS. As a first of its kind, the MENOS network enables new business models and creates opportunities for its members as well as the Arab region’s potential users.

Last year, it published a book titled “The New Media Age” which addresses the issues of media and information in the digital era, and its different and advanced users.