Jack Gao, the former senior VP at Dalian Wanda and former interim head of Legendary Entertainment, has reemerged as the head of a company that could massively expand the Chinese box office.
Gao is set as CEO of Smart Cinema, which will stream new-release movies to hundreds of millions of mobile devices in China within the theatrical window. Revenues will be considered as part of box-office earnings.
The “mobile exhibition” system is also capable of carrying library and specialty titles, all delivered in a Dci-compliant 2K image. The technology was developed in association with Crisft, part of China’s entertainment industry regulatory body Sarft, and the company maintains close to 100 software engineers.
The company is headed and partly financed by Gao, alongside an array of private investors. Executives include Luke Xiang, who previously headed WeChat Movies, a forerunner of today’s ubiquitous online ticketing businesses. Xiang has been tapped as head of content.
Gao is set as CEO of Smart Cinema, which will stream new-release movies to hundreds of millions of mobile devices in China within the theatrical window. Revenues will be considered as part of box-office earnings.
The “mobile exhibition” system is also capable of carrying library and specialty titles, all delivered in a Dci-compliant 2K image. The technology was developed in association with Crisft, part of China’s entertainment industry regulatory body Sarft, and the company maintains close to 100 software engineers.
The company is headed and partly financed by Gao, alongside an array of private investors. Executives include Luke Xiang, who previously headed WeChat Movies, a forerunner of today’s ubiquitous online ticketing businesses. Xiang has been tapped as head of content.
- 5/10/2018
- by Patrick Frater
- Variety Film + TV
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