Veteran entertainment executive Jiang Wei (who also goes by the first name of Wayne) has been appointed CEO of Legendary East. Jiang will be responsible for leading the company’s operations including energizing its local-language and official co-production capabilities, overseeing China-based marketing of all film…

Peter Loehr, the CEO of Legendary Pictures’ China subsidary Legendary East since May 2012, is departing the company at month’s end. Wanda’s Jack Gao, Legendary’s interim CEO, just made the announcement. Wanda acquired Legendary in 2006 for $3.5 billion last year, among a slew of mega-deals to position itself in the…

Legendary/Universal's The Great Wall won’t scale the hoped-for box office heights its partners had eyed on the mega China-U.S. co-production. Just how great the losses are is up for debate, but they start at about $70 million. Wanda-owned Legendary has myriad partners in the mix including China Film Group and Le…

Legendary's highly-anticipated action fantasy, The Great Wall, officially released in China today. The Day One estimated take, including Thursday night previews, is $24.3M (RMB 169M). Directed by Oscar-nominee Zhang Yimou and starring Oscar-winner Matt Damon, the film’s initial numbers top last Friday’s full Middle…

Legendary’s The Great Wall will have its unveiling in China next week — and by most accounts, we may just be able to see the grosses from space. Anticipation is at a peak for the film directed by Oscar-nominee Zhang Yimou and starring Oscar-winner Matt Damon. It also marks the kick-off in earnest of Thomas Tull’s Legen…

The first rule of China is you don't talk about China. Unless, of course, you live in Hollywood, in which case all you do is talk about China as execs find themselves in the midst of a historic shift in the global balance of power. After more than a century, the studios are no longer the senior partner at the table…

EXCLUSIVE: While all the buzz this week about Matt Damon focused on Deadline’s reveal that he’ll reteam with Paul Greengrass in their third Bourne Identity film, there’s another very exotic international film that Damon is also flirting with. That is the lead role in The Great Wall, the Legendary Pictures film the…

BREAKING: Thomas Tull’s Legendary East said that China Film Co Ltd. has made an eight-figure equity investment in two Legendary Entertainment pics: the Jeff Bridges starrer Seventh Son and Warcraft, the pic based on the Blizzard online game that Duncan Jones is writing and directing. It marks the first time China Film…

BREAKING: Thomas Tull’s Legendary East and China Film Co have not announced a slate yet, but the agreement is to jointly produce tentpole films for the global market for an initial three years. China Film Co is the largest producer and distributor of Chinese content and is majority owned by state-run China Film Group…

BREAKING … Ed Zwick has fallen off The Great Wall, the epic-sized film meant to be the first major film to kick off Legendary East that got postponed earlier this year, partly because of weather and partly because funding was still coming together. Even though Zwick is out, the film is expected to happen next…

EXCLUSIVE: While Legendary Pictures just set Abraham Lincoln: Vampire Hunter star Benjamin Walker on Friday to join Man of Steel‘s Henry Cavill in the Ed Zwick-directed The Great Wall, a decision has just been made to push from a fall start date until next spring. Rumors have been racing this weekend that The Great Wal…

Peter Loehr today sent out an email with his new Legendary East contact information and his new title as CEO. But there has been no Legendary East announcement, which indicates to me that this deal is imminent but not yet done. Interesting timing for Loehr considering the SEC’s interest in China and Hollywood…