“A co-production treaty opens up that opportunity to give UK co-produced films a much larger opportunity in the marketplace,” BFI Head of International Isabel Davis said.
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Britain is to form closer links with China's burgeoning "Chollywood" film industry as part of a deal David Cameron hopes to strike during his Far East trade mission.
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Bona had a number of hits in the third quarter, including “My Lucky Star,” “Unbeatable” and “Out of Inferno 3D,” and this month the company released “Red 2,” which stars Bruce Willis and Helen Mirren, in China.
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Huace is paying $29.5 million (RMB180 million) to acquire a 26% stake in Guo’s four year old company Shanghai Zui Culture Development and signed a five year deal to develop and produce film and TV series with Guo.
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Locally adapted from a global version, launched in April 2012 at MIPTV in Cannes, the new BEAM measures the effectiveness of Chinese branded entertainment programs.
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