by Rebecca Davis
Former Wanda executive Jack Gao’s new venture, the movie-streaming mobile app Smart Cinema, has brought in around $4 million in virtual ticket sales and distributed 120 titles so far in its first year of operation, passing the million-ticket mark earlier this year.
Founded last May, the company seeks to boost the Chinese box office by giving viewers the ability to stream a large array of theatrical releases directly on their phones for easy viewing on the train, in the tub, or in one of the regions under-served by the country’s existing 60,000 screens…
Read more at Variety
April 12, 2019 — 2:54AM PT