China's Le Vision Pictures has reportedly employed former Paramount Pictures President Adam Goodman to take charge of its office in Los Angeles and oversee its English-language movies, The Wrap reported.

Like Us on Facebook

Earlier this year, The Wrap learned that Le Vision was in talks with Goodman to finance Dichotomy, his new film production venture. However, an insider revealed that Le Vision was impressed by the veteran Hollywood executive and the discussion shifted to him being offered a job to run the company's Los Angeles office.

Le Vision reportedly offered to finance Goodman to develop micro-budget film using a new financing structure, the Hollywood Reporter said.

Both parties, however, refused to comment on the said talks.

The negotiation, which is allegedly at an advanced stage, comes as Le Vision's office in Los Angeles is seeking to team up with US studios and other film companies to produce China-made, English-language movies for the international market.

Goodman left Paramount Pictures in February last year after serving with the company for seven years. He is known to have helped create blockbuster franchises including Transformers and Paranormal Activity. He was also behind the Teenage Mutant Ninja Turtles, SpongeBob reboots, World War Z, and Interstellar.

On the other hand, Le Vision is owned by LeEco, which has diverse business interests spanning from video services, e-commerce, smart TVs, mobile phones, and even Internet-connected electric vehicles called LeSee.

LeEco recently acquired American consumer electronics brand Vizio for $2 billion. Meanwhile, the company is in the process of merging Le Vision Pictures with streaming video unit Leshi. The deal is still pending the approval of Chinese regulatory authorities.

TagsLe Vision Pictures, Adam Goodman, Paramount pictures, Dichotomy, Leeco