Headlines from China: Chinese Company Cancels Acquisition Deal with Millennium Films

 /  Headlines From China  / 
Chinese company Recon Group officially drops an acquisition deal with Hollywood's Millennium Films, according to a report submitted to Shenzhen Stock Exchange by Recon. Read More

Paramount’s $1 Billion Deal with Huahua, SFG Off: Report

 /  Money  / 
Fewer than two months after a planned investment was first announced, the deal is off, according to The New York Post, which cited sources on Sunday that referred to the potential cash infusion as "DOA [dead on arrival]" and "dead," respectively. Read More

Moving Money Out of China: It’s Tricky

 /  Chinasplaining  / 
The State Administration of Foreign Exchange has demonstrated that it is more than happy to prevent showy, offshore deals, which almost always tends to describe the purchase of or investment in Hollywood properties. Read More

China-Hollywood Deals: Not So Fast

 /  Legal  / 
It would be a mistake to assume this is just a temporary hiccup and that Chinese companies will be back investing huge amounts in Hollywood in a few months. China still has a ton of money, but for the foreseeable future, the money is staying in China. 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

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