Summary: In recent years, Chinese-owned companies have become the film industry’s biggest power players by scooping up production companies and cinema chains. The latest example came when AMC Theatres, owned by China’s richest man Wang Jianlin, announced it will acquire Carmike Cinemas to become the world’s largest motion picture exhibitor.<br> It’s easy to see why the Chinese are so hot on the cinema business given that their box office surpassed that of North America during the month of February for the second time ever. Yet if you were to ask some financial analysts, Hollywood Hollywood is starting to look like the video game industry before it imploded; bigger budgets, fewer winners and more losers. Is Hollywood about to shrivel up like Pac-Man?<br> Then there are those like Sean Parker, one of the founders of Napster and Facebook, who are trying to convince Hollywood that it’s time to start making big movies available in consumer’s homes the same day they hit theaters. Is there any business model in which that could actually work?<br> Of course we also cover the week’s top entertainment news including the authors nominated for this year’s prestigious Man Booker Prize, music sales in France plummet and Kevin Spacey won’t be heading up Relativity Media after all.<br> <br> ‘Spotlight’s’ Best Picture Oscar Boosts Box Office Around the Globe<br><br> <a href="https://variety.com/2016/film/box-office/spotlight-best-picture-oscar-win-box-office-1201726461/" target="_blank">https://variety.com/2016/film/box-office/spotlight-best-picture-oscar-win-box-office-1201726461/</a><br> ‘Zootopia’ Roars to Record $25M Saturday in China, Nears $100M<br><br> <a href="https://www.hollywoodreporter.com/news/box-office-zootopia-roars-record-874827" target="_blank">https://www.hollywoodreporter.com/news/box-office-zootopia-roars-record-874827</a><br> China Box Office Pulls in Massive $1B in February, Topping North America<br><br> <a href="https://www.hollywoodreporter.com/news/china-box-office-pulls-massive-871688" target="_blank">https://www.hollywoodreporter.com/news/china-box-office-pulls-massive-871688</a><br> ‘The Mermaid’ Reaches $500 Million at Chinese Box Office<br><br> <a href="https://variety.com/2016/film/asia/the-mermaid-500-million-at-chinese-box-office-1201723721/" target="_blank">https://variety.com/2016/film/asia/the-mermaid-500-million-at-chinese-box-office-1201723721/</a><br> China Grants Hollywood Films More Favorable Spring Release Schedule<br><br> <a href="http://www.hollywoodreporter.com/news/china-grants-hollywood-films-more-873782" target="_blank">http://www.hollywoodreporter.com/news/china-grants-hollywood-films-more-873782</a><br> From Factory Manager to Chinese Mogul: ‘Ip Man 3’ Financier Shi Jianxiang Draws Scrutiny<br><br> <a href="http://www.latimes.com/entertainment/la-et-ct-china-box-office-fraud-jianxiang-20160308-story.html" target="_blank">http://www.latimes.com/entertainment/la-et-ct-china-box-office-fraud-jianxiang-20160308-story.html</a><br> ‘Increasingly Dire’ Film Industry Has Fewer Winning Films, Studios<br><br> <a href="https://variety.com/2016/film/news/hollywood-dire-outlook-tentpoles-1201722775/" target="_blank">https://variety.com/2016/film/news/hollywood-dire-outlook-tentpoles-1201722775/</a><br> China Cracks Down on Online Television<br><br> <a href="http://artsbeat.blogs.nytimes.com/2016/03/03/china-cracks-down-on-online-television/" target="_blank">http://artsbeat.blogs.nytimes.com/2016/03/03/china-cracks-down-on-online-television/</a><br> Three Missing Hong Kong Booksellers To Be Freed On Bail<br><br> <a href="http://www.theguardian.com/world/2016/mar/03/three-missing-hong-kong-booksellers-to-be-freed-on-bail-say-police" target="_blank">http://www.theguardian.com/world/2016/mar/03/three-missing-hong-kong-booksellers-to-be-freed-on-bail-say-police</a><br> Kevin Spacey Pulls Out of Relativity Chairman Role<br><br> <a href="https://www."></a>
