Archive for category Studio/Network News

http://www.bloomberg.com/news/2012-05-17/hollywood-moves-on-china-no-matter-what-sec-probe-finds.html By Michael White Hollywood studios are moving ahead with plans to make and sell movies in China, a sign the industry’s push to expand in the third-largest film market will proceed without being slowed by a federal inquiry. News Corp. (NWSA), owner of 20th Century Fox, this week bought a stake in Beijing-based Bona [...]

http://morningwhistle.21cbh.com/html/2012/FinanceMarkets_0516/212251.html News Corp. is purchasing a 19.9 percent stake in China’s Bona Film Group Ltd. (NASDAQ:BONA), a movie distributor and producer, as it looks to position itself in a fast-expanding market and grow its China film footprint. Films in China hold great promise — box-office receipts rose 28.6 per cent last year to 13.12 billion [...]

http://www.marketwatch.com/story/bona-film-group-secures-strategic-investment-from-news-corporation-2012-05-13 Global Media Company to Purchase Minority Stake BEIJING, May 13, 2012 (GlobeNewswire via COMTEX) — Bona Film Group Limited BONA +4.16% , a leading film distributor and vertically integrated film company in China, today announced that the Company has secured a strategic investment from News Corporation. Under the investment agreement, News Corporation will acquire [...]

http://www.startribune.com/business/149572815.html THE ECONOMIST China’s film market is proving tough for foreign studios to crack. Made in China? For years China’s home-grown hero, Monkey King, has had to compete on-screen with the growing influence of an American mouse named Mickey. As Walt Disney and other foreign studios seek to enter China’s film market, and a new [...]

http://www.nytimes.com/2012/04/30/business/media/china-film-group-acts-as-a-powerful-gatekeeper.html?_r=1 By MICHAEL CIEPLY and DAVID BARBOZA LOS ANGELES — Any foreign movie knocking on China’s door must pass through powerful gatekeepers — the China Film Group and its chief executive, Han Sanping. The China Film Group functions as the Chinese government’s guardian of a film market that recently shot past Japan’s to become the [...]