Chinese movie market
China's Fundamental Films to Acquire 28% Stake in Luc Besson's EuropaCorp
| Charissa Echavez | | Sep 29, 2016 11:33 PM EDT |
China's Fundamental Films has agreed to acquire 27.9 percent stake in Luc Besson's EuropaCorp for $67 million, the company announced on Thursday.
China to Surpass U.S. Movie Market in 2 Years
| Charissa Echavez | | Jan 13, 2016 09:46 AM EST |
In spite of the economic slowdown, China's movie market is increasing faster than expected. In fact, experts have revealed that China will surpass the United States as the biggest movie market in the world in terms of both box office revenue and number of screens in 2017.
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