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Stock impact report

China film industry's 'bleak winter' deepens as coronavirus adds to censorship woes [Reuters (UK)]

iQIYI, Inc. - American Depositary Shares (IQ) 
Last iqiyi, inc. - american depositary shares earnings: 2/27 04:30 pm Check Earnings Report
Company Research Source: Reuters
China film industry's 'bleak winter' deepens as coronavirus adds to censorship woes - Reuters 5 Min Read BEIJING/SHANGHAI (Reuters) - Even before the new coronavirus, people working in Chinese entertainment had been calling the industry’s struggles their “bleak winter” - as tighter censorship, a crackdown on tax evasion and new government restrictions strangle opportunities for work. The epidemic is only exacerbating that misery. Cinemas across China have closed as part of efforts to curb the outbreak and the premieres of seven expected blockbusters scheduled for the Lunar New Year holidays - a time when box offices usually rake it in - were postponed or cancelled. Since Jan. 24, the day when the government warned against large gatherings in public and the day before the holidays, box office takings for the world’s most populous nation have been virtually negligible. Industry bodies have also asked actors not to return to work until further notice. “I think China’s annual box office r Show less Read more
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