Message Font: Serif | Sans-Serif
No. of Recommendations: 0
I thought the new China deal on foreign movies would be seen as a long term positive for existing franchises:

"The U.S. and Chinese governments announced a deal on Friday night that will improve the U.S. film industry's ability to monetize its content in China and likely result in continued screen count growth within the country.

The key concessions made by China are: 1) the box office share for U.S. studios will increase to 25% from 13%; and 2) up to 14 additional "enhanced format" films (Imax and 3D films are included in this definition) will be allowed for release annually on top of the 20-film quota already in place (many of the 20 films released in China each year are already in the Imax or 3D formats). 3D format films are particularly notable for China. There were 30 3D films released in China in 2011, generating $793 million (or roughly 38% of total box office revenue). Of that total, 90% of the 3D revenue was generated by imported films."

Mr. Market seemed to agree yesterday, but, as usual, found something else to worry about PDQ!
Global Gains Home Fool
Print the post  


When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.