Posted on 08/07/2012 12:35:43 PM PDT by Cincinatus' Wife
BEIJING — DreamWorks Animation and Chinese partners announced plans Tuesday to co-produce the next "Kung Fu Panda" movie and develop an entertainment district in Shanghai, expanding Hollywood's fast-growing ties to China.
Hollywood studios have announced a flurry of deals with local partners to gain access to Chinese financing and a government-controlled film market that is growing strongly at a time of weak ticket sales in the United States and Europe.
....China's communist leaders want to build a globally competitive film industry and hope their studios can learn from Hollywood partners. They are trying to attract foreign studios to form joint ventures by promising more market access and a bigger share of ticket sales....
(Excerpt) Read more at accessatlanta.com ...
Outsourcing. It couldn’t happen to a better industry.
must suck to be california.
“Red Dawn” re-make switched the bad-guys at the last minute from PRC to North Korea why?
To avoid offending the rich Chinese.
Oh suuuure Hollywood stands for SOMETHING, suuuuure....
A an avid movie goer friend told me that the “Red Dawn” remake has gotten so twisted with all of the changes that it may never hit the theaters.
The vast majority of “American” animation has been outsourced for a long time. Mostly to South Korea, this is probably a geographically small move.
Sure glad these movie studios get all those nice tax breaks...
“...and hope their studios can learn from Hollywood partners.”
Good choice, Hollyweird has lots of Communists to learn from.
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