In a landmark move being lauded by Hollywood insiders, China has announced they will now allow up to 34 foreign “blockbusters” to be screened in their country each year, up from 20. The catch is that these extra 14 films must be in either IMAX format or 3D. In addition, Hollywood studios will be allowed to keep 25% of the box office gross rather than the current 13%. The times, they are a changin’: http://www.cityonfire.com/china-to-allow-more-hollywood-blockbusters-into-their-country/

In a landmark move being lauded by Hollywood insiders, China has announced they will now allow up to 34 foreign “blockbusters” to be screened in their country each year, up from 20. The catch is that these extra 14 films must be in either IMAX format or 3D. In addition, Hollywood studios will be allowed to keep 25% of the box office gross rather than the current 13%. The times, they are a changin’: http://www.cityonfire.com/china-to-allow-more-hollywood-blockbusters-into-their-country/

Posted 3 months ago
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Tagged: hollywood, china, foreign films, foreign film quota, 3d movies, imax movies, city on fire, movie news, chinese government, chinese cinema, .
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