Comment on "Ip Man 3" Distributor Suspected of Box Office Fraud, Parent Company Loses $200M in Market Cap

"Ip Man 3" Distributor Suspected of Box Office Fraud, Parent Company Loses $200M in Market Cap

“Ip Man 3” opened huge in China last weekend, grossing $72M -- the biggest opening ever for a martial arts film (as its distributor proclaimed). Shows were sold-out across the middle kingdom. But box office trackers noticed something odd and suspicious about those sold-out screenings in some theaters over the weekend: they were for shows before 8am and after midnight, hours when those theaters were closed to the public.

 

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