Media Business News: Thursday, July 13th

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Molten Cloud

Molten Cloud

Radically simplifying digital media operations globally

Published Jul 13, 2023

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Company News & Strategic Moves

• Wanda Unit Sells $300 Million Stake in Its Chinese Cinema Chain - Variety
• Imax Spending $124 Million to Buy Full Control of China Subsidiary - Variety
• Lionsgate Reveals More Details About Planned Split Into Two Public Companies, One For Film And TV Production, Another Centering On Starz - Deadline
• SPI/Filmbox partners with free to launch multiple thematic channels in France - Señal News
• Blu Digital Group teams up with Atlantis Television to Launch Blu Digital Group France - Señal News
• Disney Faces TV and Streaming Crossroads In India- Hollywood Reporter

People Movements

• Cinepolis President Eduardo Acuna Set to Take Over as Cineworld CEO - Variety
• Warner Bros. Motion Picture Group Hires Katie Martin Kelley as Executive VP of Communications - Variety
• Bob Iger Extends Contract as Disney CEO Through 2026 - Variety
• Helder Marques is the New Managing Director of the Shine Iberia in Portugal - Señal News

Film Festivals & Events

• MIA Market to Host Second Edition of Spanish Screenings on Tour - Variety
• UK Genre Event FrightFest Unveils Lineup For 2023 Edition - Deadline
• Shanghai International Film Festival returns with star power and sold-out screenings - ScreenDaily

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