Thursday, April 18, 2013

UK film studio Pinewood Shepperton ventures into China

LONDON (Reuters) - British film studio Pinewood Shepperton, home of the James Bond movies, has signed a joint venture deal with a Chinese media entrepreneur as it seeks to expand its production services into China. Pinewood, owner of Europe's largest film studio, said on Wednesday it had signed a joint venture with media group Seven Stars, ran by media mogul Bruno Wu. A sharp rise in box office revenues in China, boosted by an emerging middle class making more trips to the cinema, has encouraged foreign film producers to seek local partners to help them crack the market. ...



via Movies News Headlines - Yahoo! News http://news.yahoo.com/uk-film-studio-pinewood-shepperton-ventures-china-074630010--finance.html

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