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MUMBAI: Chinese film distributor Bona Film Group Ltd.
is in talks with four Hollywood studios for co-producing
movies for international distribution.
"We
hope to work with the larger studio houses ... and we're
having discussions with several," Bona Film Group
CEO Dong Yu has reportedly said. The studios that Bona
is talking to include Universal Pictures, Sony Corp.,
Twentieth Century Fox and Viacom Inc.'s Paramount Pictures.
If
the talks materialise, the plans would represent an
acceleration of Chinese-US film co-productions, which
have typically been made on a one-off basis. Some of
the studios in mention have entered joint ventures or
co-productions with Chinese companies in recent months.
Walt Disney Co., for instance, had partnered with China's
DMG Entertainment to co-produce the next "Iron
Man" film in China in April.
Last
month, News Corp. had declared that it had bought a
roughly 20 per cent stake in Bona but the deal didn't
include any production agreement with Fox. Yu said that
he would like to work with Fox as a "preferred
partner" but Bona would be free to make deals with
other studios.
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