Director Steven Spielberg poses on the red carpet as he arrives for the screening of the film "Inside Llewyn Davis" during the 66th Cannes Film Festival in Cannes in this file photo taken May 19, 2013. REUTERS/Jean-Paul Pelissier/Files
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Steven Spielberg's Amblin Partners and Alibaba Pictures Group Ltd, the film studio unit of Chinese e-commerce giant Alibaba Group Holding Ltd, said Sunday they will co-produce and finance films for global and Chinese audiences.The company later became known as Alibaba Pictures.Dalian Wanda Group Co, the conglomerate controlled by China's richest man Wang Jianlin, is partnering with Sony Pictures under which Wanda will market Sony Pictures' films and co-finance some upcoming movie releases of Sony Corp's film unit in China.
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