China Film File: 'Transformers' Triumph, Protectionist Paranoia, And Golden Goblets
Welcome to China Film File, a weekly brief on the business of movies in China.
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- As expected, Transformers: Age of Extinction blew China’s box office away with a record-shattering opening weekend. Friday’s opening-day sales of nearly $27 million were higher than any other movie ever released on the mainland.
- Although the film’s producers are probably elated over the overwhelming success of the blockbuster, they are not without frustration after becoming embroiled in a major legal battle following a sour deal with a hotel in Beijing.
- Because the film was expected to do so well, its release prompted preemptive official memos from
- a state regulator in the China Film Bureau, chief Zhang Hongson.
- Two of China’s largest film studios, Enlight Media and Huayi Brothers, have laid separate plans to cumulatively generate an $854 million film fund to further tap the current immense growth of China’s film industry.
- The 17th Annual Shanghai Film Festival’s competition awarded its highest prize, the golden goblet, to a Greek film named Little England by Pantelis Voulgaris.
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