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China s Talent-Owned Companies Under Scrutiny as New Tax Crackdown Looms

China s Talent-Owned Companies Under Scrutiny as New Tax Crackdown Looms Rebecca Davis, provided by FacebookTwitterEmail Chinese authorities have issued warnings of a new crackdown on entertainment industry financial practices and astronomical star salaries in wake of another high-profile celebrity tax scandal. The latest furor, involving actor Zheng Shuang, is the biggest since the 2018 downfall of Fan Bingbing and has echoes of the earlier scandal, albeit without a mysterious disappearance by the leading lady. Last week, allegations emerged online that the immensely sought-after TV actor Zheng was paid $24.6 million for her work on a single web series. The figure massively exceeds the $7.7 million (RMB50 million) maximum that Chinese industry bodies say individuals can be paid for a single production.

What next for Yoozoo after CEO Lin′s shock death? | World| Breaking news and perspectives from around the globe | DW

Computer games in the age of COVID-19 The Three Body Problem problem Lin and Xu s movie production arm at Yoozoo had been working on a film adaptation of the sci-fi series Three Body Problem for Netflix. In March 2019, Amazon was reportedly in talks with Yoozoo to buy filming rights for the project for $1 billion (€930 million). Yoozoo later denied this and then sold the rights to Netflix for an undisclosed sum. Netflix said in September it would adapt the bestselling books into an English series with Game of Thrones creators David Benioff and D.B. Weiss, according to Variety. Lin was involved as executive producer on the project, but after having helped the company navigate the transition into mobile games, moving into film production proved more difficult.

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