日批在线视频_内射毛片内射国产夫妻_亚洲三级小视频_在线观看亚洲大片短视频_女性向h片资源在线观看_亚洲最大网

US EUROPE AFRICA ASIA 中文
Business / Companies

Warner Bros, CMC in joint venture to launch China movies

(Agencies) Updated: 2015-09-21 10:30

Warner Bros, CMC in joint venture to launch China movies

A Warner Brothers Entertainment stand at the Shanghai Television Festival, June 16, 2012. [Photo/IC]

Warner Brothers Entertainment and investment firm China Media Capital (CMC) are forming a joint venture to develop Chinese-language movies for the international market, they said on Sunday.

The joint venture, called Flagship Entertainment Group Ltd, is being launched ahead of Chinese President Xi Jinping's official visit to the United States next week and underscores the growing influence of Chinese movies around the world.

"The country's incredibly rich history and culture provide a huge trove of great stories, and we want to help tell those stories for new generations of filmgoers, in China and around the world," Kevin Tsujihara, chairman and chief executive of Warner Bros, said in the statement announcing the venture.

Warner Bros is part of Time Warner Inc.

The first titles bearing the new imprint could be released as early as 2016, the statement said.

For Hollywood studios, the allure of the Chinese box office has become increasingly difficult to resist.

While box office receipts in the United States and Canada combined fell 5 percent last year to $10.4 billion compared with 2013, box office receipts in China jumped 34 percent, to $4.8 billion in the same period, according to the Motion Picture Association of America Inc.

China is on course to set a new record this year - box office receipts were $3.3 billion in the first half of 2015.

Warner and CMC said the Chinese box office is on track to surpass $10 billion annually in the next four years.

"This partnership with Hollywood's most iconic studio will bring Warner Bros' deep experience in creative storytelling and unparalleled expertise in producing global titles to China's film industry," CMC founder and Chairman Ruigang Li said.

Flagship will marry the expertise of Hollywood's largest studio with China Media's investment and operational platform dedicated to the media and entertainment industry. It will be owned 51 percent bgship will marry the expertise of Hollywood's largest studio with China Media's investment and operational platform dedicated to the media and entertainment industry. It will be owned 51 percent by CMC and 49 percent by Warner Bros.

Hong Kong broadcaster TVB, as part of the CMC consortium, will have a 10 percent stake in the venture, the statement added.

Flagship plans to develop and produce a wide range of films for distribution throughout China and around the world, utilizing Warner Bros' global film distribution network.

Raine Group was a financial adviser to Warner Bros on the deal.

 

Hot Topics

Editor's Picks
...
主站蜘蛛池模板: 91久久网 | 亚洲一区二区在线视频 | 91午夜影院 | 日韩免费观看视频 | 在线中文字幕视频 | 国产精品一区二区免费 | 骚虎在线视频 | 亚洲激情一区 | 超碰精品在线观看 | 亚洲v欧美| 日本一二三不卡视频 | 丁香在线 | 91国视频| 欧美综合一区 | 国产精品欧美激情在线 | 91福利在线视频 | 麻豆久久久久久久 | 免费成人高清视频 | 黄色一级小视频 | 五月天毛片| 欧美黄色大片视频 | 日韩综合区 | 久久久久久久黄色 | 日本成人一区二区三区 | 人人干av | 91精品国产综合久久久蜜臀粉嫩 | 国产成人在线网址 | 91精品国产成人观看 | 激情欧美一区二区三区中文字幕 | 欧美一区二区三区四区五区 | 久久免费久久 | 青青精品视频 | 亚洲爱视频 | 欧美激情视频在线 | 最新中文字幕第一页 | 中文字幕免费观看 | 一级少妇女片 | 国产免费av网站 | 91精品看片 | 欧美色图888 | 探花精品 |