Reported 8 months ago
WebBank International, a game development company, announced on June 21st that it has acquired a 35.69% stake in Vieshow Cinemas from Hong Kong’s Orange Sky Golden Harvest Group for over NT$1.2 billion, making it the largest shareholder in Vieshow Cinemas and its subsidiaries. In addition to expanding its physical cinema presence, WebBank International's film production company plans to release over 10 movies this year, including Hollywood blockbusters, Korean action films, and family-friendly animations.
Source: YAHOO