According to those with knowledge of the situation, the Avatar sequel has been assigned a release date in China. Last is good news for Walt Disney Co. in a crucial market as it attempts to recover from this week’s management shakeup. According to ticketing website Maoyan Entertainment, 23 American movies have been screened in China so far this year, making up 10% of all box office receipts, the lowest percentage since records began in 2011.
This month, the award-winning 2018 film Hotel By The River, directed by Hong Sang-soo, began streaming on the Chinese streaming service Tencent Video. It is the first South Korean movie to be streamed in China since Beijing effectively outlawed it following the deployment of the US anti-ballistic missile defence system THAAD.
