• Source: Alibaba Pictures

Alibaba Pictures Group Limited is a Chinese film company under the Alibaba Group. The film company was formerly ChinaVision Media, of which Alibaba Group bought a majority stake in late 2014. It subsequently was renamed from ChinaVision to Alibaba Pictures Group. By April 2015, it was the largest Chinese film company by worth, with a market value of US$8.77 billion and by June of the same year it was worth US$9.6 billion.
According to researchers, Françoise Paquienséguy and Miao He, there are almost 30 companies, varying from investment groups to media and film studios, under the Alibaba umbrella. “These include, but are not limited to, such leading companies as Youku Tudou Inc., Enlight Media, Huayi Brothers, Bona Film Group, Wasu Media, Sina Weibo, XiamiMusicand Guangzhou Evergrande Taobao Football Club. In addition, Ma Yun also occasionally engages in capital operations, such as establishing Yunhuang and Yunxi Capital…” (Paquienséguy, He).




History


In March 2014, Alibaba Group bought a 60% stake in ChinaVision Media for $805 million. Alibaba initially registered a film company in the following April with the name Alibaba Films Group before changing it to Alibaba Pictures Group later in the month. Two heads from ChinaVision were listed as directors of Alibaba Pictures. In June 2014, ChinaVision Media was officially renamed to be Alibaba Pictures Group. The following July, Zhang Qiang resigned as vice president of China Film Group to become the head of Alibaba Pictures. Later in the month, Alibaba Pictures entered agreements with filmmakers and film companies, including director Wong Kar Wai and the Hong Kong-based film production company Block 2.
The company purchased Yueke and at the end of 2015, Taobao Movie and Yulebao. On October 9, 2016, Amblin Partners struck a deal with Alibaba, in which Alibaba acquired a minority equity stake in the company and will handle marketing, distribution, and merchandising of Amblin Partners films in China in addition to co-financing Amblin and DreamWorks films worldwide. As described by the Financial Times, "Amblin Partners and Alibaba Pictures teamed up to "finance, produce, market and distribute films in China and globally." Alibaba Pictures released the projection in February 2017 that its unaudited 2016 losses could be over US$140 million. The company stated the losses resulted from a promotion known as Tao Piao Piao, where theater tickets are subsidized.
In July 2017, Alibaba increased its stake in Tao Piao Piao, an online ticketing platform, from 87.6% to 96.7%, for 1.3 billion yuan.
Alibaba Pictures has become a giant in film production and finance. Its success is not limited just to mainland China. Through its first domestic release See You Tomorrow, the company combined both mainland Chinese and Hong Kong values, reaching both audiences in new ways. The installment also saw “ the ongoing mainlandization of Hong Kong filmmaking practice and the corresponding Hong Kongification of contemporary Chinese popular cinema,” according to Mark Gallagher, author of “Alibaba Goes to the Movies.”
Alibaba Pictures’ mid-2010s expansion was not limited only to Hong Kong however.
2015 saw Alibaba Pictures’ first investment in U.S. cinema, with their financial support of Mission: Impossible - Rogue Nation.
In 2016, Alibaba Group partnered with Steven Spielberg’s Amblin Partners, an American film production company.
The partnership drew international attention, with Hollywood’s highest-grossing director and one of the most active Chinese film studios coming together for production, distribution and financing.
In 2019, Alibaba Pictures financed 23 films, “ accounting for one-fifth of China's total box office,” according to Alizila, an Alibaba news outlet.
At a briefing regarding the partnership in Beijing, Spielberg was quoted by Reuters as saying, “Some of the stories I’m hoping Jack and I can tell in this new partnership between Amblin Partners and Alibaba Pictures will be able to bring Chinese-themed stories to the American audience, and we can do co-productions between our company and your company…”
Alibaba Pictures partnered with California-based STX, an American entertainment company, to bring “Peppa Celebrates Chinese New Year” to American silver screens in 2019.
After a substantial show of interest in the film on social media by Mandarin-speaking audiences STX and Alibaba partnered together for a U.S. release, with the goal of audiences being able to see the film in the States while it was still in theaters in China according to STXfilms chairman Adam Fogelson in Yahoo Finance.
“The increasing appreciation for and interest in Chinese culture, the fact that the story of a family dynamic during the holiday, and the entry point of Peppa, which most American audiences are familiar with, creates a dynamic where there certainly could be — not on the Marvel level of course — broad interest,” said Fogelson, “…Our first goal was to make sure that Mandarin speakers in the U.S. would have access to the film while the movie was playing in China.”
In March 2024, Alibaba Group announced a HK$5 billion (USD 640 million) investment over five years to boost Hong Kong's entertainment industry, investing in Hong Kong-made TV dramas, movies, performances and cultivation of young talents. The company also announced Alibaba Pictures will establish its second headquarters in Hong Kong.




Filmography


Wolf Totem (2015) – distributor
Mission: Impossible – Rogue Nation (2015) – investor
Little Door Gods (2016) - distributor
The Mermaid (2016) - production
Teenage Mutant Ninja Turtles: Out of the Shadows (2016) - investor
Star Trek Beyond (2016) - investor
League of Gods (2016) - production
See You Tomorrow (2016) – production, distributor
Journey to the West: Conquering the Demons 2 (2017) - production
Real (2017) - investor, distributor (China)
Once Upon a Time (2017) - production
Paradox (2017) - production
The Adventurers (2017) - production
Dying to Survive (2018) - production
Asura (2018)
Mission: Impossible – Fallout (2018) - investor
Next Gen (2018)
Legend of the Ancient Sword (2018) - production, distributor
Green Book (2018) - investor
On the Basis of Sex (2018) - investor
The Wandering Earth (2019) - Co-Producer
Peppa Celebrates Chinese New Year (2019)
UglyDolls (2019) - investor
A Dog's Journey (2019) - investor
The Climbers (2019) - production
The Captain (2019) - production
Gemini Man (2019) - investor
1917 (2019) - investor
The Eight Hundred (2020) - production
Chinese Doctors (2021) - production
Green Snake (2021) - distributor
The Battle at Lake Changjin (2021) - production
Finch (2021) - investor
Embrace Again (2021) - production
The Battle at Lake Changjin II (2022) - production
Return to Dust (2022) - production
Moon Man (2022) - production
Ordinary Hero (2022) - production
Come Back Home (2022) - production
Night at the Museum: Kahmunrah Rises Again (2022)
Journey to the West (2023) - production
Ride On (2023) - production
Born to Fly (2023) - distributor
Chang'an (2023) - production
Meg 2: The Trench (2023) - Investor
Just for Meeting You (2023) - production
I Did It My Way (2024) - production
YOLO (2024) - production
Successor (2024) - production
Ao Jiao Yu Pian Jian (TBA)
The Flying Tigers (TBA)
Ge Jin Tao Hua (television series, TBA)
The Legend of Zu 2 (television series, TBA)
My Fair Princess animated film (TBA) - production
No Other Love (TBA)
Qi Huan Zhi Lv (TBA)
Qing He Male College (TBA)
Storming 30 Years (TBA)
Sword of Legends 2 (TBA)
Zhengtu (TBA)
Untitled Giuseppe Tornatore film (TBA)
Warriors (TBA)
Steel Soldiers (TBA) - investor




References

Kata Kunci Pencarian:

• Jack Ma
• See You Tomorrow (film 2016)
• Love Is Full of Jiudaowan
• UglyDolls
• Real (film 2017)
• Legend of the Ancient Sword
• My People, My Country
• The Coolest World
• YOLO (film)
• Little Door Gods
• Alibaba Pictures
• Biao Ren (film)
• Real (2017 film)
• A Dog's Journey (film)
• Renny Harlin
• Green Snake (2021 film)
• Walt Disney Pictures
• List of Walt Disney Pictures films
• Major film studios
• Chang'an (film)