The 2019 Oscar winners are here, and it’s not a U.S. award only!
Alibaba Pictures Group Limited co-produced Green Book, which won Oscars for Best Picture, Best Original Screenplay and Best Actor in a Supporting Role at the 91st Academy Awards (The Oscars).
“Green Book’s win at the Oscars is a milestone for Alibaba Pictures. The Alibaba Group unit is the only affiliate of an internet company to ever co-produce a film that won Best Picture,” the company said in its press release.
Investment in Green Book is part of Alibaba Pictures’ global development strategy. The company has been driving collaboration with Hollywood movie companies to bring critically-acclaimed Hollywood titles to Chinese audiences.
Recently, Alita: Battle Angel, a motion-capture sci-fi movie written by James Cameron, debuted with a boffo $64.8 million in China this weekend. Taopiaopiao, Alibaba Pictures’ online ticketing platform, is the primary online marketing and sales outlet for the movie.
Other popular titles under Alibaba Pictures’ global efforts include Mission Impossible: Rogue Nation and Mission Impossible: Fallout, in collaboration with Paramount Pictures, as well as A Dog’s Purpose and A Dog’s Journey, in collaboration with Amblin Partners. The last one will debut in America in May while Ugly Dolls, another joint production with Huaxia Film Distribution and STX Entertainment will be released this summer.
Within China, Alibaba Pictures co-produced and co-distributed the hit Chinese sci-fi movie the Wandering Earth which has generated over 4 billion yuan in box-office sales.
Featured Image Source: Variety