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Shanghai Animation’s “Nobody” just climbed to No. 1, becoming China’s biggest 2D release so far. Kind of interesting how it’s basically a side story spun off from Journey to the West. Didn’t expect that to blow up this much
The animation market is massive and still expanding. It was worth about USD 439 billion in 2024, is projected to hit USD 472 billion in 2025, and could grow to around USD 905 billion by 2034
Basically, the reduction in losses was due to the company being more disciplined with its operating costs and resource usage. Also the recognition of ongoing animation projects and the higher production activity