Alibaba Pictures Expands Powers of Fan Luyuan – Variety

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Alibaba Pictures has expanded the powers of Fan Luyuan, who was appointed CEO two months ago. He is the company’s third leader in 15 months, and replaces Yu Yongfu, who was appointed last December.

Fan appears to have been granted all of the multiple powers that Yu accumulated. As well as the CEO title, he is set as executive director and chairman of the executive committee, chairman of the board, chairman of the nomination committee and member of the remuneration committee.

“In view of the group’s continuous business growth in line with its clear strategic direction, and the fact that Fan has demonstrated outstanding management and leadership capabilities along with his thorough understanding of the group’s strategy of building new infrastructure for the domestic movie industry since his appointment as the CEO, Yu decided to resign as chairman of the board in succession by Fan who, as chairman of the board and the CEO concurrently, will lead the group in accelerating its development and creating more value for the shareholders of the group,” Alibaba Pictures said in a statement.

Fan’s accumulation of so many job titles is in breach of Hong Kong Stock Exchange rules. But the company says it believes it has enough board diversity anyway.

Alibaba Pictures is the film-specific division within China’s Alibaba e-commerce giant. It has share listings in Hong Kong and Singapore that are separate from New York-listed Alibaba.

The company started out with a mission to invest in and produce films, and struck expensive deals with Wong Kar-wai and Peter Chan Ho-sun. It also bought a stake of undisclosed value in Steven Spielberg’s Amblin Partners. However, in the last year, under the leadership of Yu, it has been reoriented to become much more of a technology and service platform for the domestic Chinese film industry. It includes the massive Tao Piao Piao online ticketing platform, but excludes Alibaba’s video streaming business Youku Tudou, which is operated under the parent company’s Alibaba Digital Entertainment umbrella.

Respected producer Zhang Qiang, who joined from state-controlled China Film Corp., led the company soon after Alibaba acquired ChinaVision in 2014, until he resigned in June 2016.

Fan is one of the architects of cashless payment system Alipay and the Yu’e Bao fintech giant. He joined Alibaba Pictures in January 2016.

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10 Things OBAMA Doesn’t Want Us To Know About His Daughters



top 10 facts President Obama doesn’t want you to know about Sasha and Malia Subscribe to our channel: http://goo.gl/9CwQhg For copyright matters please …

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Pic: Amy Jackson is all set to shoot with superstar Rajinikanth for ‘2.0’ – Pictures that will make you follow Amy Jackson on social media

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Being a social media freak, Amy Jackson keeps updating her fans about her life through her fun-loving posts on Instagram.

In her recent post, the green-eyed beauty is seen sporting a white and beige crochet top and her eyes are mesmerizing. She captioned the image as, “‘There’s nowhere you can be, that isn’t where you’re meant to be… ‘”

The actress, who was last seen in ‘Freaky Ali’ alongside Nawazuddin Siddiqui and Arbaaz Khan, never fails to impress her fans with her posts.

On the work front, she will next be seen alongside Rajinikanth and Akshay Kumar in ‘2.0’.

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Sara Ali Khan looks drop dead gorgeous on the sets of ‘Kedarnath’ – Saif Ali Khan’s daughter Sara Ali Khan’s most stunning pictures

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There has been a lot of buzz around Saif Ali Khan and Amrita Singh’s daughter Sara Ali Khan’s debut into Bollywood. The star kid, who is all set to make her debut opposite Sushant Singh Rajput in Abhishek Kapoor’s movie titled ‘Kedarnath’, has become the talk of the town.
Last night, Sara was spotted attending a fashion event in the city along with her mother Amrita. The beauty looked ethereal dressed in a pink embroidered lehenga and a silver sequined blouse while her mother turned up in an elegant golden salwar kameez.
The mother-daughter-duo were seen having an enjoyable time on their front row seats as Bollywood star Sonam Kapoor turned show stopper for the night.
With such elegance, poise and mesmerising looks, Sara has the makings of a Bollywood diva, don’t you think?

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Kim Kardashian FAIL (Funny Pictures) – UhOhBro



Kim Kardashian, she fails a lot right? Maybe? Well… let’s see some examples of fail here and now. 100 LIKES = 100 MORE LEAKED KIM VIDEOS ▻ This …

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Navya Naveli Nanda’s pictures with birthday boy Amitabh Bachchan are too cute to miss – Navya Naveli Nanda’s most interesting pictures

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Navya Naveli Nanda, who is the daughter of Shweta Nanda and grandchild of megastar Amitabh Bachchan shares a great camaraderie with her grandfather. Recently, Big B even took her by the hand and lead her to his pedestal in his residence Jalsa and introduced her to his many fans. Today, on his 75th birthday, fans and friends alike have been sharing a number of pictures and heartiest wishes for the birthday boy.
Fans of the young diva have also been flooding Instagram with some of the best grandfather-granddaughter moments the two have shared over the years. While one picture is a cute collage of family pictures, the other has the two enjoying their moment playing the piano and others from their public appearances together.
The Bachchans have jetted out to the Maldives to ring in Amitabh’s birthday with a private family celebration.

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Amitabh Bachchan birthday special: Candid family pictures

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TNN| Niyati Budhiraja | October 11, 2017

Amitabh Bachchan birthday special: Candid family pictures

1/8Amitabh Bachchan birthday special: Candid family pictures

Amitabh Bachchan is an evergreen actor who is loved by his fans since time for decades now. The veteran has fans of all ages and in all parts of the world. The actor, who gave Hindi cinema a face to ‘the angry young man’, has turned 75 today. The ‘102 Not Out’ actor has given Bollywood various blockbusters one can binge watch. He’s that husband any wife could kill to have and that father any child would look up to. Apart from being loved for the kind of work he does onscreen, Big B is loved for his generosity, kind-heartedness, and warmth towards people off screen too. On account of his birthday, here are some candid pictures of their family. by Niyati Budhiraja

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