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Alibaba Pictures logo

CJ Cinema Digest – Wednesday 11 May 2016

Alibaba signs deal with Dadi, PPB expands in Vietnam, Angry Arabic Birds, Webedia buys Tixos, Cliff Marks President of NCM, Landmark cut energy, Coke brings Overwatch to Vue, Aurora jury selected, and music videos in 35mm.
Finixx

Alibaba Buys China Cinema Ticketing Company for $134m

The biggest financial cinema news of the week was not at the CinemaCon trade show in Las Vegas. Demonstrating instead the importance of China to the cinema business, e-commerce giant Alibaba paid 840 million yuan (USD $134 million) for cinema ticketing software company Yueke Software Engineering Com…
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