Year-End: Hollywood Film Biz Still Cautious, But Slow Boat To China Speeding Up After Busy & Edifying 2013

YearEnd2013_badge__131227212819While Hollywood continues figuring out how to do business in China, and execs remain cautious, there is a sense that 2013 was a tipping point in the complex relationship between the world’s two box office leaders. As Hollywood’s focus turns to maximizing global grosses, the town is increasingly looking for ways to cozy up to the territory that adds 10 theaters a day to service its 1.3B+ population. And China is also strongly courting Hollywood. In September, Wanda’s Wang Jianlin unveiled ambitious plans to bring the industry closer to the Mainland and emphasized China’s place at the center of the global biz, urging players to cooperate for a piece of the pie. Then, at November’s U.S./China Film Summit in L.A., China Film Co-Production Company’s Zhang Xun offered, “We have a huge market and we want to share it with you.” Here’s a look at some of the key happenings in China in 2013 and a taste of what to look out for in the coming year:

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This article was printed from https://deadline.com/2014/01/china-hollywood-box-office-wanda-group-iron-man-3-658147/