 | |
| Industry | Film |
|---|---|
| Headquarters | , |
Key people | Fan Luyuan (chairman & CEO) |
| Parent | Alibaba Group |
| Subsidiaries | Amblin Partners (minority stake) |
| Website | www |
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[1] and by June of the same year it was worth US$9.6 billion.[2]
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).
- ^ Patrick Frater (April 9, 2015). "Chinese Media Stocks Stage Major Rally in U.S. and Asian Markets". variety.com. Archived from the original on November 21, 2018. Retrieved April 14, 2015.
- ^ Rob Cain (June 7, 2015). "Is Jack Ma's Alibaba Pictures Really Worth $10 Billion?". forbes.com. Archived from the original on March 27, 2019. Retrieved June 17, 2015.