private | |
Industry | Film Production, Entertainment |
Founded | 2011 |
Founder | Zhang Zhao |
Headquarters | Beijing, China |
Number of locations
|
4 |
Area served
|
China |
Key people
|
Zhang Zhao (Chairman & CEO) |
Products | Movies, Television Shows, Web Series |
Profit | CN¥128.2 million (2015) |
Total equity | CN¥2.109 billion (2015) |
Owner |
|
Footnotes / references financial data unaudited |
Le Vision Pictures (Levp), a subsidiary of LeEco, is one of the largest film production and distribution companies in China. Founded in 2011, Le Vision Pictures has headquarters in Beijing and offices in Hong Kong and Los Angeles, U.S.. It has produced and distributed several hits, including The Bullet Vanishes, The Expendables franchise and the Tiny Times franchise. More recently, Le Vision has signed Zhang Yimou, Lu Chuan, Tsui Hark and Guo Jingming, whose names are among China's most influential contemporary filmmakers. In 2014, the company was the sixth-largest film distributor in China, with 4.1% of the market.
In 2011, former president of Enlight Pictures, Zhang Zhao (Chinese: 张昭; pinyin: Zhāng Zhāo), founded Le Vision Pictures. He currently serves as Chairman & CEO of the new company. In May 2013, Zhang Yimou, joined the firm as a contracted movie director and Creative Director. In March 2014, director Lu Chuan joined.
In August 2013, the firm raised RMB 200MM in its first round of financing, valuing it at RMB 1.5 billion
In September 2014, Le Vision announced a second round of financing of RMB 340 millions, at which time its value reached RMB 4.8 billion.
in 2014, Le Vision established Korean and US branches, and began collaborating with Hollywood studios over both co-production and global distribution of films.
On 5 December 2015, LeEco announced that Le Vision Pictures would be sold to sister company le.com, subject to the approval of the shareholders of the listed company. As at 8 November 2016, the deal was not completed.