Alibaba Entertainment released the “Hong Kong Arts Revitalization Plan”, announcing that it will invest no less than HK$5 billion in the next 5 years in the four major fields of Hong Kong series, movies, performances, and youth talent training. Alibaba Pictures officially unveiled the Phoenix Yunzhi International Edition iCiRena, exploring a new path for the entertainment industry to “go overseas with technology”.
The Zhitong Finance App learned that on March 11, the Hong Kong International Film and Television Festival officially opened. As the largest cross-media, cross-industry film and television entertainment trade fair in Asia, this year's exhibition not only brought together rich film and television productions, but also significantly increased the technological elements behind the entertainment industry. Alibaba Entertainment released the “Hong Kong Arts Revitalization Plan”, announcing that it will invest no less than HK$5 billion in the next 5 years in the four major fields of Hong Kong series, movies, performances, and youth talent training. Alibaba Pictures (01060) Phoenix Yunzhi's international edition iCiRena officially unveiled, exploring a new path for the entertainment industry to “go overseas with technology”. He Mi, COO of Alibaba Pictures, said, “We hope to build on the Guangdong-Hong Kong-Macao Greater Bay Area in this exploration of 'technology going overseas, 'radiate Southeast Asia, and bring more 'cost reduction, efficiency improvement, and revenue growth' experiences to partners in the entertainment industry.”