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ALI PICTURES, HUANXI MEDIA Join Forces to Pour RMB5B in Fostering Film Innovation over 8 Yrs
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ALI PICTURES (01060.HK) and HUANXI MEDIA (01003.HK) announced a long-term strategic cooperation agreement. Pursuant to which, both parties committed to invest RMB5 billion in content and copyright cooperation for leading theatrical films over an eight-year period. They will also continue to provide more quality content to the film market through efficient platform synergy and joint exploration of video broadcasting service innovation. AAStocks Financial News |
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