China’s New Oriental Education Giant Finds New Life in English Live Streaming |

China’s New Oriental Education Giant Finds New Life in English Live Streaming

Shares in China’s New Oriental climbed for a fourth straight day on Wednesday, after analysts said its new live-streaming sales strategy could help it recover from a regulatory crackdown that decimated its education business. That company was once one of China’s largest private tutoring firms, but its fortunes turned overnight last July when Beijing enacted sweeping new rules on private education that banned for-profit tutoring. New Oriental shares plummeted and laid off thousands of employees. read more Reuters

IMAX CEO talks ticket prices, crackdown in the Chinese market, expansion plans and ‘Avatar 2’

Ahead of this week’s CineEurope, Richard Gelfond spoke with Screen about Imax’s post-pandemic plans. “We have 800 screens in China.” he said. During 2020 and 2021, [Chinese films] Spy Chinatown 3 And Battle on Changjin Lake [shot with Imax cameras] There weren’t only number one Imax movies – they were the number one movies in the world. read more screen daily