Forum Views ()
Forum Replies ()
Read more with google mobile :
Exclusive: Universal in early talks on China park, joint venture
|
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
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
Issues 2012
Candidates 2012
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
Edward Hadas
Hugo Dixon
Ian Bremmer
Mohamed El-Erian
Lawrence Summers
Susan Glasser
The Great Debate
Steven Brill
Jack & Suzy Welch
Breakingviews
Equities
Credit
Private Equity
M&A
Macro & Markets
Politics
Breakingviews Video
Money
Money Home
Tax Break
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)
The 84th annual Academy Awards
And the nominees are...
All the nominees in the major categories. Slideshow
Follow Reuters
Facebook
Twitter
RSS
YouTube
Read
Seven U.S. soldiers wounded after Afghan NATO base attacked
|
11:27am EST
Oscars aim for surprises to spice up show
3:17pm EST
Maine's biggest lobster returned to Atlantic Ocean
24 Feb 2012
G20 works on huge rescue deal for April
|
3:12pm EST
Syria referendum goes ahead amid military onslaught
|
3:10pm EST
Discussed
110
Afghans begin second day protest at Koran burning
95
Analysis: Can United States defuse Koran burning uproar?
94
Taliban urge Afghans to attacks Westerners
Watched
Sacha Baron Cohen gets a warning from Oscar
Fri, Feb 24 2012
Video shows exact moment of train crash in Argentina
Thu, Feb 23 2012
Treasure returned to Spain.
Sat, Feb 25 2012
Exclusive: Universal in early talks on China park, joint venture
Tweet
Share this
Email
Print
Related News
China's Xi sells U.S. trade elixir, personal chemistry
Sat, Feb 18 2012
Dreamworks Animation heads to China
Fri, Feb 17 2012
Xi waves off China economy fears, triggers deals
Fri, Feb 17 2012
Obama friendly but firm with China heir apparent
Wed, Feb 15 2012
Disney earnings beat despite shaky economy
Wed, Feb 8 2012
Analysis & Opinion
Market reform in China: Should we believe it?
Céad mÃle fáilte for the new Chinese leader
Related Topics
Entertainment »
Fashion »
Film »
China »
By Ronald Grover
Sun Feb 26, 2012 12:19pm EST
(Reuters) - Tianjin, China's sixth-largest city, has held preliminary talks with Comcast Corp's NBC Universal about a joint venture to build a theme park in the port city, according to the head of a Chinese trade delegation visiting Los Angeles.
The Tianjin city government also intends to meet at a later date with other Hollywood studios, angling to become the latest to partner with U.S. media conglomerates and develop entertainment for China's growing consumer base, while fostering a future generation of local filmmakers.
"We are establishing a center for culture and creativity and we want to become partners with the biggest and best companies in this area," Tianjin Vice Mayor Cui Jindu said through an interpreter in a phone interview with Reuters. "They have a lot of experience in this."
It can take years to hammer out theme park agreements in China, as Walt Disney Co learned with its Shanghai endeavor. Several cities, including Beijing, have reportedly vied in past years for such high-profile investments, eyeing the prestige attached to a major global tourist attraction.
The Chinese official, part of a delegation in Los Angeles on Academy Awards weekend, convened at the home of Joan Dangerfield, the widow of comedian Rodney Dangerfield.
Dangerfield is a partner in the Beverly Hills-based consultant, Opus 73, that links foreign investors with U.S. companies.
Cui did not indicate that a deal with Universal was imminent, but he said Tianjin -- city of about 10 million within easy distance of Beijing -- could partner with the major Hollywood company to build a theme park and perhaps even a studio.
"There are still hurdles to overcome," he said, adding that his city was prepared to provide a financial contribution to any joint venture created. Any partnership would also need regulatory approval.
The Chinese delegation intends to make initial contact with other studios and will talk with other companies in addition to Universal before making a decision.
"We want to talk with Warner Brothers, with Disney and others," he said. "We are at the beginning of this."
Universal declined to comment.
Other Hollywood studios have recently formed alliances with Chinese companies and governmental units.
On February 17, "Kung Fu Panda" creator DreamWorks Animation SKG said it planned to build a production studio in Shanghai in a deal that was announced while Chinese Vice President Xi Jinping was visiting Los Angeles, wrapping up a U.S. trip.
Last April, Disney broke ground on a $4.4 billion resort in Shanghai that will include a theme park and hotels, and be majority-owned by three large state-owned media or construction companies.
In May, Tianjin itself opened a $690 million animation studio to help boost its local animation industry.
The Chinese delegation, which arrived two days before the annual Academy Awards ceremony, had no plans to attend the Oscars event itself, Cui said.
"But we will attend some of the peripheral events," he added.
(Reporting By Edwin Chan; Editing by Maureen Bavdek)
Entertainment
Fashion
Film
China
Related Quotes and News
Company
Price
Related News
Tweet this
Link this
Share this
Digg this
Email
Reprints
Entertainment News From the Wrap
Oscars 2012: Miso, GetGlue and Other Social TV Apps Take Aim
3:32pm EST
These app creators think Oscar viewers will want to watch more than just "The Artist" victory parade
Oscars 2012: Billy Crystal's Back and 'The Artist' Could Make History
3:08pm EST
Interest in Billy Crystal is high, but viewers may not have enough interest in the nominated movies to stick with the Academy Awards
The Oscars That Almost Went Down in Flames
2:54pm EST
Laura Ziskin somehow braved smoke and fire and nipples and Woody Allen to pull off a huge, crazy, historic Oscars the first year at the theater formerly known as Kodak
Rupert Murdoch's Sunday Edition of The Sun Makes its Debut
1:53pm EST
Rupert Murdoch launches Sunday edition of The Sun. It has a softer tone than his shuttered News of the World and may signal a shift in his battle to survive the phone hacking and bribery scandal
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
Advertise With Us
Connect with Reuters
Twitter
Facebook
LinkedIn
RSS
Podcast
Newsletters
Mobile
About
Privacy Policy
Terms of Use
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 Monday, 27 February 2012 Pakistan completes demolition of bin Laden compound
|
Netanyahu, Abbas trade barbs over Jerusalem
|
U.S. shouldn't speed up Afghanistan pull out: U.S. ambassador
|
Russia's Putin warns against attacks on Iran, Syria
|
Sony returns to smartphones with new models
|
HTC eyes market share recovery with new smartphones
|
Factbox: A look at Oscars' history
|
Act of Valor triumphs at box office
|
Exclusive: Universal in early talks on China park, joint venture
|
Syria awaits referendum result; Putin warns West
|
Car bomb kills three at east Afghanistan airport: police
|
Nine killed in Afghan airport bomb, NATO base attacked
|
Plot to assassinate Putin foiled: Russian TV
|
Australia PM Gillard wins leadership ballot, government
|
Colombia's FARC to free captives, stop kidnapping for ransom
|
Anti-Putin protesters form human chain in Moscow
|
Thai police question another Iranian in bomb probe
|
France's Sarkozy rules out EU treaty referendum
|
On the ropes, Apple's China nemesis still dreams
|
Olympus risks foreign backlash with new board line-up
|
WikiLeaks publishes security think tank emails
|
HTC bets on cameras, music to recover smartphone mojo
|
Alliance forms web-based rival to Android, Apple
|
Samsung aims to nearly double smartphone sales in 2012
|
Orange to offer smartphone with Intel Inside
|
The Artist paints golden picture at Oscars
|
The Artist wins Oscar for best picture
|
Meryl Streep takes third career Oscar
|
Jean Dujardin wins best actor Oscar for 'The Artist'
|
Michel Hazanavicius wins directing Oscar for The Artist
|
Billy Crystal back to basics in Oscar host comeback
|
Christopher Plummer wins supporting actor Oscar for Beginners
|
Octavia Spencer wins supporting actress Oscar for The Help
|
Oscar's red carpet shows off white gowns, bold colors
|
Weinsteins win big on Oscar night with 'Artist'
|
Tunisia leader, Bill Clinton among Nobel nominees
|
Saleh hands difficult phase over to new Yemen
|
Israel seen slow to dig in as Iran war talk simmers
|
Japan cities press utility to switch from nuclear
|
Iran may be struggling with new nuclear machines
|
Millions of Indian workers to strike on Tuesday
|
Do fence me in: Israel closing Sinai loopholes
|
Nokia unveils cheaper Windows smartphone
|
EBay sees strong mobile commerce volume growth in 2012
|
Sprint offers $2 billion in notes
|
Crack in China's firewall turns Obama page into freedom forum
|
Elpida files for bankruptcy protection with $5.6 billion debt
|
Interview: China's Xiaomi hopes for revolution in
|
Giddy stars party night away after Oscars show
|
British band the Sex Pistols sign with Universal
|
Charlotte Church wins $951,400 hacking damages
|
Pride sweeps France over Oscar wins for The Artist
|
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