Recon Buys Majority Stake in Millennium Films for US$100 Million

 /  Money  / 
The announcement ends rumors that a deal for that amount was being negotiated, although initial speculation indicated that price was more likely for a complete buy-out of Los Angeles-based Millennium. Read More

Billion-Dollar China Deal for Dick Clark Productions in Jeopardy: Reports

 /  News  / 
The deal could still happen, but would get a hard look from the Treasury Department’s Committee on Foreign Investment in the United States. Read More

Creative Artists Agency Re-Signs ‘Lost in Thailand’ Maker Xu Zheng

 /  News  / 
44-year-old actor, director, and screenwriter Xu Zheng is best known for his comedies "Lost in Thailand" and "Lost in Hong Kong." Read More

Chinese Company, Owner of Aston Villa Football Club, Interested in Millennium Pictures Buy

 /  News  / 
Recon Wenyuan Cable Co. is looking for its next big buy: Hollywood's Millennium Films, producers of "The Expendables" series, with a possible price tag of US$100 million, according to a Bloomberg report this week. Read More

South Korean Content Restrictions Continue in China

 /  News  / 
South Korea’s loss may be Japan’s gain as Chinese audiences’ tastes shift.  Unofficial restrictions on South Korean entertainment content are continuing, resulting in the cancellation of live performances, name changes of popular television shows, and giving an opportunity to an unlikely beneficiary: Japanese content producers. Korean soap operas and pop music acts enjoy enormous popularity Read More

China Raises India Film Quota after ‘Buddies,’ ‘Yoga’

 /  News  / 
Looks like Wang Baoqiang and Jackie Chan are China’s new cinematic ambassadors to India.  The box office performance of two Chinese films set in India has led to China’s film regulators granting the world’s second most populous nation two more titles in the annual 34-movie import quota in the world’s second-largest cinema market. With Wang Read More

2016 Sets Record for Co-Production Permits in China

 /  News  / 
China film officials approved a record number of co-production permits in 2016. China’s State Administration of Press and Publications, Radio, Film, and Television (SAPPRFT) issued an all-time high number of co-production permits in 2016, the state-run Xinhua News Agency reported Tuesday. The majority of the 89 permits were for productions from Hong Kong, with 54, Read More

Wanda’s AMC Entertainment Acquires Nordic Cinema Group for US$929 Million

 /  News  / 
The Beijing-based company now owns more than 10 percent of the world’s cinema screens. Dalian Wanda Group continued to push its dominant position as the world’s leading cinema exhibitor with the acquisition of over 400 more screens, buying Nordic Cinema Group for US$929 million. It is Wanda’s US cinema arm, AMC Entertainment, that is officially Read More

Huahua Media, Shanghai Media Group Invest US$1 Billion in Paramount Pictures

 /  Uncategorized  / 
Huahua Media surprised China and Hollywood observers again when it, along with Shanghai Media Group, announced an investment of US$1 billion in Paramount Pictures. Read More

‘Rogue One’ Star Jiang Wen Attributes Hollywood’s Success to US Naval Superiority

 /  News  / 
Actor, director, and producer Jiang Wen has taken the peculiar stance of declaring that Hollywood films are welcome internationally because of the size of the US Navy. Read More

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