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China's culture and entertainment industry is predicted to grow at 20 percent, and could be worth 5.5 trillion yuan ($887 billion) within the next seven years, says Deloitte.
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Cimarron is among several entertainment companies and studios in Hollywood that have signed deals in an attempt to capitalize on the rapidly growing theater business in China.
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Talent discovery shows such as "The Voice" and "China's Got Talent," based on successful foreign formats, are hugely popular on prime-time television and more talent "reality" shows are planned.
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CCTV 9 sealed its first ever co-production deals with BBC Worldwide last year. The co-production deal between the two marks the third factual show to be birthed by the two partners.
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Perhaps the only good coming from the show would be its pledge, in co-operation with China Women’s Development Foundation, to solve water pollution problems in western regions of the country.
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A total of 20 billion yuan in revenue is expected for the entire industry by the end of 2013 and Bona Film forecasts that they will achieve a profit of 1.3 billion yuan (about $210 million) for the year.
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11/18/2024-11/24/2024
| Movie | Gross | Admissions | |
|---|---|---|---|
|
Gross:US$20.43(M) Admissions:3374730 Total:US$180.06(M) |
|||
| Brave New World | US$10.52(M) | 1977698 | |
| CrayonShinchantheM... | US$8.94(M) | 1715675 | |
| Gladiator II | US$3.17(M) | 531216 | |
| Venom: The Last Da... | US$3.15(M) | 542221 | |
| The Young Couple A... | US$2.82(M) | 596326 | |
| Cesium Fallout | US$2.66(M) | 461304 | |
| Harry Potter and t... | US$2.19(M) | 362864 | |
| The Untold Story | US$0.76(M) | 133104 | |
| Harry Potter and t... | US$0.74(M) | 125791 | |