![]() ![]() ![]() Part-animation “Monster Hunt” recently toppled Hollywood blockbuster “Furious 7” as the country’s biggest-ever grossing film. Hollywood movies typically top China’s box office charts, but local films are gaining strength. “With the proliferation of platforms available to consumers, premium content is more valuable than ever,” CMC founder and Chairman Ruigang Li said, adding the deal would mix Warner Bros’ storytelling expertise with CMC’s on-the-ground savvy. Whitecat Osu Skin Previous Next Osu is a free-to-play online rhythm game created by Dean peppy Herbert Skin. Despite its proximity to China and Korea, and doubly despite its legacy as a video game-producing country, Japan never quite got on board the MMORPG train as much as its neighbors. Warner and CMC said the Chinese box office could surpass $10 billion annually in the next four years.Ī boom of online platforms is also driving a home video market for digital content. Watch live video from Becklnw0013 on www. Anyway, three MMOs came out of that studio (The Secret World, Anarchy Online, Age of Conan) and a fourth from Oslo-based Fifth Season AS. While box office receipts in the United States and Canada combined fell 5 percent last year to $10.4 billion, box office receipts in China jumped around a third to $4.8 billion, according to the Motion Picture Association of America Inc.Ĭhina is on course to set a new record this year with box office receipts having already overtaken last year’s total. Studios such as Paramount Pictures, DreamWorks Animation SKG Inc, Lions Gate Entertainment Corp and Walt Disney Co have all hooked up with local groups. ![]() “The subtext is all these studios are looking at how they can get better access to the China market,” said Ben Cavender, Shanghai-based principal of China Market Research Group, adding it also opened up channels to Chinese facilities and funding. The joint venture, 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.Ĭhina’s box office takings, set to hit $8.9 billion in 2019 from $5 billion this year, according to PwC, are fast catching up with the United States, but global studios have a tough time keeping on the right side of the censors and getting around a strict quota system for imported films. Hooker Furniture has been an industry leader for quality bedroom sets, dining room sets, living room furnishings, and home office furniture for over 90. HONG KONG/SHANGHAI (Reuters) - Warner Brothers and investment firm China Media Capital (CMC) are forming a joint venture to develop Chinese-language movies, adding to a wave of tie-ups between Hollywood studios and Chinese partners to tap China’s fast-growing box office. ![]()
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