Le Vision Pictures

Le Vision Pictures (Levp), a subsidiary of LeEco, is a production and distribution company 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. In 2014, the company was the sixth-largest film distributor in China, with 4.1% of the market.

History

In 2011, former president of Enlight Pictures, Zhang Zhao (), 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.

During its first two years, Le Vision launched its “O2O Marketing System”, a business model to connect with consumers across new and established on-line/off-line platforms.

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 million, at which time its value reached RMB 4.8 billion.

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.

In January 2017 Sunac China acquired 15% stake from LeEco.

Films

Le Vision produced and distributed six films in 2012. ''The Bullet Vanishes'' was nominated for four Golden Horse Awards (Taiwan), including “Best Picture”, and thirteen Hong Kong Film Awards. ''The Expendables 2'', in which Le Vision co-invested and also co-distributed in China, grossed over $57 million in China, accounting for 18.5% of its total global box office revenue.

In 2013, Le Vision released nine films, grossing a total of $170 million. This included ''Love Will Tear Us Apart'', ''Tiny Times'' & ''Tiny Times 2''. ''Tiny Times'' took in $78.9 million at the box office that summer, setting a new record in China for a 2-D film opening.

During 2014, Le Vision released 13 films, grossing nearly $390 million in box office revenue 3. '' Boonie Bears: To the Rescue'' set a new box office record for a domestic animation film. Zhang Yimou's '' Coming Home'' was selected for the “Special Feature” section at the Cannes Film Festival and made nearly $48.4 million—breaking the existing record for arthouse films.

Multiple platforms

Le.com, the sister company of Le Vision, is the biggest Internet VOD platform in China. Anticipating the rise of home theater viewership in China, Le.com (known then as Letv Group) launched two leading products in VOD streaming, C1S and Super TV.

In April 2015, LeEco (known then as Letv Holding) launched its own smartphone.

Productions

* ''All's Well, End's Well 2012''
* '' Fairy Tale Killer''
* ''The Bullet Vanishes''
* ''The Expendables 2''
* '' Conspirators''
* '' Tiny Times franchise''
* ''Hello Babies''
* '' Boonie Bears: To the Rescue!'' (3D Animation)
* '' Coming Home''
* '' The Crossing Part I''
* ''The Expendables 3''
* '' Boonie Bears: Mystical Winter'' (3D Animation)
* You Are My Sunshine (He Yi Sheng Xiao Mo)
* ''Candle in the Tomb (Gui Chui Deng)''
* ''The Crossing Part II''
* ''Office (Hua Li Shang Ban Zu)''
* ''Boonie Bears III''
* '' Mr. High Heels''
* ''Bounty Hunters''
* ''Time Raiders''
* '' L.O.R.D: Legend of Ravaging Dynasties''
* ''Suddenly Seventeen''
* '' The Great Wall''
* '' GG Bond: Guarding''
* '' Boonie Bears: Entangled Worlds''

References

{{Film production companies of China

Film distributors of China
Film production companies of China
Companies based in Beijing
Entertainment companies established in 2011
Chinese companies established in 2011
Chinese brands