Curtain Falls on Paramount-Huahua $1 Billion Film Tie-Up

 /  Money  / 
Paramount Pictures said it has terminated its $1 billion film-financing deal with Chinese partner Huahua Media, ending half a year of uncertainty after reports first emerged that the tie-up had run into trouble due to a Beijing crackdown on such investment. Read More

20th Shanghai International Film Festival

 / 
SIFF is a non-specialized competitive international film festival recognized by the International Federation of Film Producers Associations. Nineteen festivals have been held so far. In the process, supported by the rapid development of China’s film industry and the construction of Shanghai into an international cultural metropolis, SIFF has been building a professional and authoritative cultural Read More

TCB In RMB: Paramount, Short Films, Streaming Music, Celebrity Investment

 /  Money  / 
Thursday, the Shenzhen Exchange wrote to Shanxi Meijin Energy, inquiring about a joint fund it had announced that included a $100 million investment from superstar actor Chen Kun. The letter expressed concern over Chen’s inexperience in professional investment institutions, as well as his apparent unfamiliarity with the areas in which the fund was targeted to invest. 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

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

Shanghai Film Shares Rise on IPO

 /  Money  / 
Shanghai Film Group saw its stock prices climb 44 percent on its first day of trading Wednesday, just one week after China Film Co. did the same in its own IPO. Read More