Hong Kong-based China Digital Licensing is a digital copyright licensing and distribution firm. The two companies say they “aim to jointly expand overseas markets for domestic Chinese film and television.”
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Zhao Ziyong, the deputy director for Beijing Film & TV Bureau, announced that the Beijing Film Market achieved 27 projects valued at 8.731 billion yuan, an increase of 65.58 percent over the previous year.
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"I recognize the huge potential for the development of the Chinese film industry as I have collaborated with Chinese filmmakers over the years," Mikhalkov said.
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The natural-disaster epic – which revolves around the famine that devastated the province of Hunan during the World War II – has proved to be an apt victor in the inaugural edition of the festival’s Tiantan Awards.
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Fox International co-president Paul Hanneman and Xue Xiaolu, director of Chinese hit "Finding Mr. Right," mentored more than 35 aspiring international filmmakers at the event.
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The actor-director's Company Films has forged a pact with Shanghai-based Fundamental to develop and co-finance an undisclosed number of film projects.
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According to a report jointly released by the Motion Picture Association and a Chinese film body, the country's screen industry also supports 909,000 domestic jobs.
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The project is a co-production of Oriental DreamWorks - a Chinese joint venture with Glendale-based DreamWorks Animation - and Chinese investors, including China Film Group, the nation's main film distributor.
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