男友太凶猛1v1高h,大地资源在线资源免费观看 ,人妻少妇精品视频二区,极度sm残忍bdsm变态

  Home>News Center>Life
         
 

Warner Bros to set up movie venture in China
(Agencies)
Updated: 2004-10-15 16:40

US film giant Warner Bros said it will set up its first movie production joint venture in China with state-owned China Film Group and the privately run Hengdian Group.

warner bros,china
Security guard directs traffic outside Warner Bros studio in Los Angeles. The US film giant said it will set up its first movie production joint venture in China with state-owned China Film Group and the privately run Hengdian Group. [AFP]
The new company, Warner China Film, will produce, market and distribute Chinese-language feature films, TV movies and animation, under new rules issued in December that permit foreigners to invest in film and television production companies, a joint statement said.

Warner will hold 30 percent of the new venture, while China Film Group, the country's largest, will own 40 percent, with eastern Zhejiang province-based conglomerate Hengdian Group taking the remainder.

The deal marks Warner Brothers' fifth in China in less than two years as the Time Warner Inc unit seeks to capitalise on China's growing affluence and appetite for films.

Foreign entertainment companies have been eager to invest in the world's most populous country, eyeing a potential market of 1.3 billion consumers.

Similarly, Chinese companies are eager to tap foreign financing and expertise.

Until the recent rule changes allowing overseas producers to own up to 75 percent stakes in Chinese film companies, Sino-foreign productions could only sign on to one movie deal at a time.

"Warner China Film marks a new milestone for the Chinese film industry and demonstrates that it is quickly opening to foreign investment and is ready to take its rightful place in the global entertainment business," Yang Buting, Chairman of the China Film Group, said.

Production budgets will range 12-50 million yuan (1.5-6.0 million dollars) for feature films and 1.7-2.5 million yuan for TV movies.

Warner Bros' latest expansion in China follows plans to build 40 movie theatres by 2008 through local partnerships as well as a deal with state-run Chinese Audio Video next month to open video sales and rental shops in leading cities.



Miss World Tourism pageant in China
Fashion show in France
Lioness and her cub
  Today's Top News     Top Life News
 

Boom city swaps commerce for art and culture

 

   
 

Leaders condole Chinese hostage's death

 

   
 

China, Russia sign on borders, WTO entry

 

   
 

China's foreign trade bounces back into black

 

   
 

Land-forest conversion continues in the west

 

   
 

Japan publisher stops Rape of Nanjing comic

 

   
  Top 100 Chinese restaurants in US to be announced
   
  Many amphibians threatened worldwide
   
  UN health body warns against 'kitchen killer'
   
  Using sirens to pick up sirens?
   
  Chinese kung fu novelist given French arts honour
   
  Adolescence affects breast cancer
   
 
  Go to Another Section  
 
 
  Story Tools  
   
  Feature  
  Face to face with Chinese director Wang Xiaoshuai  
Advertisement
         
主站蜘蛛池模板: 丰都县| 织金县| 静安区| 耒阳市| 四平市| 广德县| 柘城县| 贵州省| 宣威市| 金阳县| 冷水江市| 花垣县| 平顶山市| 浏阳市| 无棣县| 广昌县| 哈尔滨市| 稷山县| 伽师县| 宜君县| 天等县| 台山市| 杭州市| 沧源| 汉中市| 桂林市| 徐州市| 晋州市| 大方县| 尚志市| 漾濞| 武隆县| 托克托县| 清水县| 英山县| 宕昌县| 鄂州市| 东乌珠穆沁旗| 阳原县| 香格里拉县| 东兴市|