Magazine article Screen International

Alibaba Pictures Appoints Zhang Wei as President

Magazine article Screen International

Alibaba Pictures Appoints Zhang Wei as President

Article excerpt

Zhang, who is currently Alibaba Group senior vice president, will be responsible for the company's overseas business, including investments and mergers and acquisitions. She may be based out of the company's LA office, although this has yet to be confirmed.

Deng will oversee e-commerce business and various administrative functions, including legal, finance, human resources, marketing and public relations. Both appointees will report to Alibaba Pictures CEO Zhang Qiang.

In a statement, Alibaba Pictures said it will establish four key strategic areas of focus: content development and production; marketing and publishing of film and TV programmes; development of an e-commerce entertainment platform; and development of an overseas entertainment business.

Zhang Qiang, CEO of Alibaba Pictures, said: "Technological changes in the film industry will have a great impact on the development of Alibaba Pictures and it will transform the industry's value proposition and the role of traditional film companies. …

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