Headlines from China: Peppa Pig Wins Copyright Case at Hangzhou Court of The Internet
Peppa Pig Wins Copyright Case at Hangzhou Court of The Internet On August 20, the Hangzhou Court of The Internet ordered two Chinese companies Jufan Limited and Jiale Toys Industrial to pay 150,000 yuan (US $22,000) to Peppa Pig rights holders Entertainment One UK Limited and Astley Baker David Limited for copyright infringement, and also to stop producing and selling a product with the image of Peppa Pig on it. This marks the first ruling on production copyright infringement by this newly established internet court. Since the Peppa Pig series debuted in China in 2015, its right holders have been actively protecting the copyright of this cartoon character in the middle kingdom. After discovering an unlicensed toy kitchen set decorated with Peppa Pig images on Alibaba's Taobao Marketplace, they filed a lawsuit against the online store Jufan Limited and the producer Jiale Toys Industrial.
Perfect World Reports Striking Revenue Jump in TV Production On August 21, Perfect World released the company's semi-annual report for the first half of 2018. The report shows that Perfect World's total revenues increased by 2.2% year-over-year to 3.67 billion yuan during the reporting period. Net Profit increased by 16.46% to 782 million yuan ($113.7 million). Astonishingly, the company's TV drama series generated 468 million yuan ($68 million) in revenue, a 1971.85% jump compared to the same period last year.
Huayi Brothers Reports Net Profit Drop in First Half of 2018 On August 23, Huayi Brothers Media released the company's semi-annual report for the first half of 2018. According to the report, the company's total revenues increased by 44.77 % year-over-year to 2.12 billion yuan ($310 million). However, its net revenues were 277 million yuan ($40.26 million) during the reporting period, down 35.54% compared to the same period last year. In addition, the company's entertainment division generated 1.96 billion yuan ($280 million) in revenues, a 94.5% jump year-over-year.