InfoAnda - Hollywood hunting for China pot of gold |

Pakistanis angry over detentions in Times Sq. case
Monday, May 24, 2010
ISLAMABAD – Relatives of three men detained by Pakistan for alleged links to the suspect in the attempted Times Square bombing say the men are innocent.
They

Taiwan denies boycotting Australian film festival
Thursday, August 6, 2009

AFP - Thursday, August 6TAIPEI (AFP) - - Taiwan's Beijing-friendly government on Wednesday denied boycotting an Australian film festival amid a row over the e

Merkel's support dips, regional ally resigns International
Thursday, September 3, 2009

By Sarah Marsh and Noah Barkin

BERLIN (Reuters) - Chancellor Angela Merkel suffered a double blow on Thursday as a senior party ally in east German

Minister seeks closure of anti-Berlusconi websites
Wednesday, December 16, 2009
ROME (AFP) - – The Italian government moved Tuesday to close down Internet sites encouraging further violence against Prime Minister Silvio Berlusconi, who

Asian markets mixed after Wall Street rally
Wednesday, March 18, 2009

By ELAINE KURTENBACH,AP Business Writer AP - Wednesday, March 18SHANGHAI - Asia's stock market rally seemed to be running out of steam Wednesday, despite an

Picasso painted little guitar found in Italian shoe box: reports | 30 December 2009
Clinton seeks thorough China probe on Google issue | | 21 January 2010
Canadian students released from China quarantine | 7 May 2009

Intoxicated Commodities Trader Sets Elevator On Fire At World Trade Center | 26 January 2009

Forum Views () Forum Replies ()

Read more with google mobile : Hollywood hunting for China pot of gold |

Edition: U.S. Africa Arabic Argentina Brazil Canada China France Germany India Italy Japan Latin America Mexico Russia Spain United Kingdom Home Business Business Home Economy Technology Media Small Business Legal Deals Earnings Social Pulse Business Video The Freeland File Aerospace & Defense Markets Markets Home U.S. Markets European Markets Asian Markets Global Market Data Indices M&A Stocks Bonds Currencies Commodities Futures Funds peHUB World World Home U.S. Brazil China Euro Zone Japan Mexico Russia India Insight World Video Reuters Investigates Decoder Politics Politics Home Election 2012 Campaign Polling Tales from the Trail Political Punchlines Supreme Court Politics Video Tech Technology Home MediaFile Science Tech Video Tech Tonic Social Pulse Opinion Opinion Home Chrystia Freeland John Lloyd Felix Salmon Jack Shafer David Rohde Bernd Debusmann Nader Mousavizadeh Lucy P. Marcus David Cay Johnston Bethany McLean Anatole Kaletsky Edward Hadas Hugo Dixon Ian Bremmer Lawrence Summers Susan Glasser The Great Debate Steven Brill Jack & Suzy Welch Frederick Kempe Christopher Papagianis Mark Leonard Breakingviews Equities Credit Private Equity M&A Macro & Markets Politics Breakingviews Video Money Money Home Tax Break Lipper Awards 2012 Global Investing MuniLand Unstructured Finance Linda Stern Mark Miller John Wasik James Saft Analyst Research Alerts Watchlist Portfolio Stock Screener Fund Screener Personal Finance Video Money Clip Investing 201 Life Health Sports Arts Faithworld Business Traveler Entertainment Oddly Enough Lifestyle Video Pictures Pictures Home Reuters Photographers Full Focus Video Reuters TV Reuters News Article Comments (0) Pictures Celebrity portraits Up close and personal with famous faces. Slideshow Follow Reuters Facebook Twitter RSS YouTube Read Romney may name running mate early in election race 10 Jul 2012 Mali Islamists destroy tombs at famous Timbuktu mosque 10 Jul 2012 Obama expands lead on Romney, voters more optimistic | 10 Jul 2012 Massachusetts man pleads guilty in plot to attack Pentagon, Capitol 12:12am EDT UPDATE 2-San Bernardino becomes third California city seeking bankruptcy 1:06am EDT Discussed 254 In California, immigration bill designed as the ”anti-Arizona” 115 Texas governor rejects two provisions of health law 104 Obama team targets Romney over taxes, Republicans cry foul Watched Mexican police convoy attacked Tue, Jul 10 2012 ASEAN: regional partners arrive Tue, Jul 10 2012 Olympic torch passes through Windsor Castle Tue, Jul 10 2012 Pictures Reuters Photojournalism Our day's top images, in-depth photo essays and offbeat slices of life. See the best of Reuters photography. See more | Photo caption Srebrenica's dead Victims of the Srebrenica Massacre will be buried on July 11, marking the 17th anniversary of the massacre. Slideshow Running of the bulls Highlights from the San Fermin festival. Slideshow Hollywood hunting for China pot of gold Tweet Share this Email Print Related News Final "Hunger Games" film to be split in two parts Tue, Jul 10 2012 Oscar-winning actor Ernest Borgnine dead at 95 Sun, Jul 8 2012 New "Spider-Man" comes out swinging in box office win Sun, Jul 8 2012 Tom Cruise tops Forbes list of highest paid actors Tue, Jul 3 2012 Foul-mouthed 'Ted' takes movie box office crown Sun, Jul 1 2012 Analysis & Opinion Greying China could be left in the red Porn copyright troll targets strike back in new class action Related Topics Entertainment » Fashion » China » By Cathy Yang HONG KONG | Tue Jul 10, 2012 11:11pm EDT HONG KONG (Reuters) - A sharp rise in China's box office revenues last year, thanks to the moneyed middle-class willing to pay top prices for a trip to the cinema, has brought Hollywood hunting for local partners who can help them crack the booming Chinese market. Co-productions are exempt from China's strict quotas on the number of foreign films allowed in the country, giving the major studios a better chance at having movies released widely in the country if they can find a local partner. And the market, which generates more than $2 billion annually at box offices according to the Motion Picture Association of America, is expanding. "China is an amazing market, an amazing growth market," said Dan Mintz, CEO of DMG Entertainment Group, which earlier this year inked a deal with the Disney studio to co-produce "Iron Man 3" starring Robert Downey Junior. "What it's going to take to green light a film in the future will be a combination of sentiment in the United States, with Hollywood at its centre, and huge markets such as China ... The thing to really watch is how that's going to shift the thinking process when starting to make a film." Mintz's other co-production, "Looper", with Hollywood stars Bruce Willis, Joseph Gordon-Levitt, Emily Blunt and Chinese filmstar Xu Qing, is set for global release on September 28. For the Chinese release, DMG plans to restore some scenes set in Shanghai that were originally edited out. The move is designed to give the film greater appeal to Chinese audiences. "Our real focus at this point is making international films, international wide-release, star-driven (films) with Chinese elements in them. It's a very specific criteria as we look for the right kind of story that will resonates around the world and in China," Mintz said. Several major Hollywood film directors are getting in on the act. In April, James Cameron announced at the Beijing International Film Festival that he is looking for co-production opportunities in China for sequels to his smash hit, "Avatar". The movie's release in China grossed $195 million, the most of any market outside the US, and according to the 20th Century Fox film studio, the April re-release of his "Titanic" in 3D grossed $67 million in China in its first six days. CHALLENGES, QUOTAS, PIRACY But the Chinese market is far from an easy one to crack, industry experts said, citing a range of obstacles that include quotas on foreign imports and strict censorship. Though the foreign movie quota was hiked in February, it still remains capped at only 34. The share of box office revenue that goes to the studio also is limited to 25 percent. In the US, the standard is a 50:50 split between theaters and studios. "Strict rules limit the kinds of films that can be shown in China," said William Pfeiffer, chief executive at Dragongate Entertainment, a Hong Kong-based production company. "Also, censorship rules may require edits that negatively affect film quality when key scenes are required to be cut," he added. Piracy looms as an even larger problem. The DVD market in China is primarily based on pirated copies, and piracy often means producers cut movie budgets to make up for lost revenue. "Piracy threatens the film industry's bottom line," said Jennifer Thym, the Hong-Kong based director of award-winning short film "Bloodtraffick." "Piracy affects the audience's decision to see movies in the cinema or to rent or buy movies on other platforms, and that will eventually throttle film investment," she said. In the past, relief from piracy has been a difficult issue to control, and it may prove impossible to fix completely. Yet, some industry watchers think that if more movies were released to theaters, piracy would abate because people would see the films in theaters, first. "I believe if studios were allowed to sell their content in a broad fashion across the market, they could curb some of the piracy and at least retain a portion of the economics of their content," Monica Dicenso, vice president covering media sector JP Morgan, told Reuters in an e-mail. Mintz said that with the number of Chinese cinema screens having doubled to about 10,000 and still rising at about eight movie screens per day, according to the China Film Group, opportunities remain huge. Domestic entrepreneurs hope to gain as well. Beijing-based Seven Stars Entertainment, a production company owned by Bruno Wu, in April announced a partnership with the Chinese government to open a new filmmaking centre outside the city of Tianjin, China. The facility, worth more than $1.27 billion dollars, would be named "Chinawood" and serve as a venue for Chinese co-productions with filmmakers from the U.S. and other nations. The complex is due to be completed in October. (Reporting by Cathy Yang, additional reporting by Jadyn Beverley Sham in Hong Kong, editing by Elaine Lies and Bob Tourtellotte) Entertainment Fashion China Tweet this Link this Share this Digg this Email Reprints We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. For more information on our comment policy, see http://blogs.reuters.com/fulldisclosure/2010/09/27/toward-a-more-thoughtful-conversation-on-stories/ Comments (0) Be the first to comment on reuters.com. Add yours using the box above. Edition: U.S. Africa Arabic Argentina Brazil Canada China France Germany India Italy Japan Latin America Mexico Russia Spain United Kingdom Back to top Reuters.com Business Markets World Politics Technology Opinion Money Pictures Videos Site Index Legal Bankruptcy Law California Legal New York Legal Securities Law Support & Contact Support Corrections Connect with Reuters Twitter Facebook LinkedIn RSS Podcast Newsletters Mobile About Privacy Policy Terms of Use AdChoices Copyright Our Flagship financial information platform incorporating Reuters Insider An ultra-low latency infrastructure for electronic trading and data distribution A connected approach to governance, risk and compliance Our next generation legal research platform Our global tax workstation Thomsonreuters.com About Thomson Reuters Investor Relations Careers Contact Us Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. Thomson Reuters journalists are subject to an Editorial Handbook which requires fair presentation and disclosure of relevant interests. NYSE and AMEX quotes delayed by at least 20 minutes. Nasdaq delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.

Other News on Wednesday, 11 July 2012
Egypt court overrules president over parliament |
U.S. crafted Pakistan apology to suit allies abroad, opponents at home |
Exclusive: U.S. to demand disclosures as it eases Myanmar sanctions |
Annan says Iran must be player in Syria crisis talks |
Japan protests Chinese ships' entry into waters near disputed isles |
Analysis: New Arab Spring triumph eluding Islamists in Libya |
Japan eyes political shakeup after Ozawa forms new party |
Analysis: Mexico ruling party seeks new direction after election debacle |
Caught unawares: The night the Russian floods came |
Analysis: Tech Inc's invincible aura fades |
CEO vows to turn RIM into lean, mean machine |
After Farmville success, Zynga not ready to plunge into mobile |
Megaupload tycoon offers to go to U.S. to answer piracy charges |
Google to pay $22.5 million to settle privacy charges: source |
Oracle continues to add social media muscle with Involver deal |
New app rescues people from bad dates |
Canadian Solar CEO: could build 700-MW factory in China |
Congress to discuss sales bans if key patents infringed |
Broadway's Nina Arianda tapped for Janis Joplin film |
Elijah Wood hints at big Hobbit show for Comic-Con |
Hollywood hunting for China pot of gold |
Ex-Guns N' Roses guitarist Slash honored with Hollywood star |
Peter O'Toole to retire from stage, screen |
Wallace's pal Gromit was once a cat, creator says |
Gilberto Gil, South Africa's Voice premiere Viramundo |
Al Qaeda suicide bomber attacks Yemen police academy |
Myanmar military not involved in government, president says |
Saudi Shi'ites throng funeral of slain protester |
Trial for Lebanon PM's killing can continue in absentia
Britain's Cameron furious after biggest party revolt |
In Laos, Clinton grapples with Vietnam War legacy |
West vaccinated Iran against sanctions: Khamenei |
Libya's Jibril has vote lead, Islamists say not beaten |
In modern scandal, an e-mail is forever |
Russia-focused online games developer eyes new markets |
Tech Data to buy out partner's stake in Europe joint venture |
Bernstein downgrades Staples, Office Depot |
September 11 attacks, Katrina top list of memorable U.S. TV moments |
A Minute With: Hard-working funnyman Fred Willard |
Greece at new risk of being pushed off euro
Bodies of missing Tenn. mom, Jo Ann Bain, and daughter found
Female Breasts Are Bigger Than Ever
AMD Trinity Accelerated Processing Units Now in Volume Production
The Avengers (2012 film), made the second biggest opening- and single-day gross of all-time
AMD to Start Production of piledriver
Ivy Bridge Quad-Core, Four-Thread Desktop CPUs
Islamists Protest Lady Gaga's Concert in Indonesia
Japan Successfully Broadcasts an 8K Signal Over the Air
ECB boosts loans to 1 trillion Euro to stop credit crunch
Egypt : Mohammed Morsi won with 52 percent
What do you call 100,000 Frenchmen with their hands up
AMD Launches AMD Embedded R-Series APU Platform
Fed Should not Ignore Emerging Market Crisis
Fed casts shadow over India, emerging markets
Why are Chinese tourists so rude? A few insights

USD EUR - 1 year graph		BlogMeter 1.01