The Wandering Earth 3, scheduled for release on the 1st day of Chinese New Year, 2027.
Chinese film, television, music
- Thread starter ABC78
- Start date
What's the timeline of Wandering Earth 3? Is is still behind the first one?
's industry is expected to become a hot investment destination. Its output value is expected to exceed RMB 300 Billion in 2023, noted the China Animation Association, at a parallel forum during the 2023 Annual Conference of the Financial Street Forum..
this is was expected, as China continue to push boundaries in all sectors. original ideas and people's thoughts is about to explode.
Key takeaways from the analysis:
- Niko Partners projects 2023 video game software and services revenue will reach $47.76 billion, up 5.2% YoY. The increase comes after a 2.5% decline in 2022, indicating that 2023 is a year of recovery.
- Total gamers will reach 710.3 million, up 1.63% YoY and Monthly ARPU will reach $5.60.
- Notable drivers of growth in 2023 include: The return to a regular cadence of game approvals, an increased number of successful new game launches, higher spending on legacy titles, and continued access to unlicensed games on PC & console, among others.
- However, the growth will be partially offset by the weak Yuan and other macroeconomic challenges.
- China’s video game market will surpass $56.7 billion in 2027, growing at a 5-Year CAGR of 4.5%, in line with our June 2023 forecast.
- There will be 734.6 million gamers in 2027, growing at a 5-Year CAGR of 1.0%, also in line with our June 2023 forecast.
- Key growth areas in 2024 and beyond will include the integration of AI-generated content and gaming [plz no], new game launches driven by the normalization of game approvals, higher spending in game, and esports industry growth, among others.
- The NPPA has approved a total of 844 domestic and import video games in 2023 through October 30. This is already higher than the 512 and 755 games approved in 2022 and 2021, respectively.
- Chinese game companies have reduced investment in external studios this year, instead opting to focus on internal expansion through the creation of new owned studios.
- Total viewers and tips for Douyu, Huya and Bilibili (China Game Live Streaming Platforms) have increased by 6.2% YoY and 12.7% YoY for the period between Jan-Sep 2023, according to data from .
- China is the largest esports market in the world with over 400 million fans and $445 million in industry revenue. The lifting of COVID controls in China has led to 53% of esports events held in person or in a hybrid format this year, according to data from .
In4ser
Junior Member
Slightly off-topic but Japanese Anime/Manga is facing an impending crisis in which the industry could die out soon or at least need to change significantly. This could be an opportune time for Chinese Donghua and Chinese studios to capitalize on it and perhaps co-develop kind of like how Genshin Impact used Japanese VAs to promote a Chinese game.
Supposedly a very anticipated series by wong kar wai (his movies seem too abstract for me lol)
Wong Kar Wai is one my favorite filmmakers of all time. But the last good film he directed was 2046, which was nearly 20 years ago. The Grandmaster and The Hand were mediocre at best. My Blueberry Nights was an unmitigated disaster.
I hope Blossoms Shanghai is a return to form for him.
