What's Moving Media & Entertainment in Asia

05.02.12  Japan's GREE Acquires Social Game Developer

It has been a big couple of days for GREE (TYO:3632) already with a couple of game dev partnerships yesterday, as well as the first Android title for its North American studio. But the company just dropped even bigger news moments ago, revealing via email that it has acquired San Francisco-based social/mobile game developer Funzio for...(read more)

04.25.12  Chinese E-Commerce and Daily Deals Collaborate

There’s a new trend in the e-commerce and group buying – aka: daily deals – space in China for former rivals to work together, outsourcing a part of their business to another site that has great expertise in that area. It’s complementary, efficient – and quite unexpected; a tacit admission that the industry is both vicious and exorbitantly...(read more)

04.24.12  1 in 5 Mobile Users in Japan Owns a Smartphone

Research firm comScore Japan KK released figures today that say that one out of every five mobile users in Japan now owns a smartphone. And what’s more, they claim that among newly acquired mobile devices, smartphones have surpassed feature phones for the first time...(read more)

04.20.12  Highlights of Investment in China's Film Industry

According to the data of State Administration of Radio, Film, and Television (SARFT), in 2011, China’s total box office revenue stood at RMB13.15B, up nearly 30.0% from RMB10.17B in 2010; China produced 791 films, jumping by over 50.0% compared with the 526 films in 2010; China had 9,296 cinema screens...(read more)

04.17.12  China Meets Hollywood

China and Hollywood are gearing up to make more films together. Hollywood wants access to a rapidly growing foreign market, while China wants Hollywood's help to duplicate the success of big-budget U.S. films. Walt Disney Co. and China's DMG Entertainment said they agreed to co-produce the next "Iron Man"...(read more)