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MUMBAI: Filmmaker James Cameron has entered into a joint
venture in China for developing and expanding the technology
in the country.
The
filmmaker's Cameron/Pace Group (CPG), that specialises
in 3D technology, has partnered with two Chinese firms
from the city of Tianjin, Tianjin High-Tech Holding
and Tianjin North Group, it is learnt.
"The
future of entertainment is 3D and we believe that the
future of 3D is right here in China," said Cameron
in a statement adding that he was in the Chinese capital
not as a director but as a businessman.
The
noted director, who is convinced that the transition
of the film industry from 2D to 3D is inevitable, believes
that "China is the most fertile soil to plant that
seed".
"We
are here to make movies better by working with film-makers
here in China," said Cameron. "We are here
to give them the tools and the techniques to make the
transition from 2D to 3D," he added.
Cameron
hopes to take advantage of a box-office explosion in
China, where the film industry is booming and the number
of cinema halls is on the rise, potentially offering
one of the most lucrative markets in the world.
Cameron's
Titanic and Avatar, incidentally, broke all records
in China.
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