training program: The two sides will also invest in the production of a China-focused factual entertainment series that will air across the Middle East and North America and fund a training program for young Emirati and Chinese film and TV executive, said the report, according to Xinhua China. The deal is another sign of China increasing interest in filmed entertainment amid several investments that Chinese companies have made in Hollywood. The China Intercontinental Communication Center, a documentary co-production company founded in 1994, signed an agreement on Sunday with Image Nation Abu Dhabi, a leading media and entertainment company in the Arabic-speaking world. In January, Dalian Wanda, a Chinese property and media group that already owns a few U.S. entertainment interests, paid 3.5 billion dollars in cash for the control of Legendary Entertainment, which has produced films such as Godzilla and Pacific Rim. IM Global, a Hollywood financier and sales agency, was sold to Tang Media Partners, a company created by Donald Tang and backed by the Chinese Internet group Tencent. Hejing Culture formed a 200-million-dollar venture with Ingenious Media of Britain in June to co-finance a slate of independent films.
(news.financializer.com). As
reported in the news.
Tagged under training program, chinese film topics.