Hong Kong filmmaker Wong Kar Wai will produce and direct two web series for China’s Huanxi Media Group, as part of a wide-ranging pact with the company.

Hong Kong filmmaker Wong Kar Wai will produce and direct two web series for China’s Huanxi Media Group, as part of a wide-ranging pact with the company.
UK-based SVOD platform MUBI has formed a joint venture with Dong Ping’s Huanxi Media Group to launch a streaming service in China later this year.
Chinese internet giant Alibaba has unveiled details of its new film and TV production company, Alibaba Pictures Group, which aims to produce 8-10 films a year.