.14b Shanghai center[1]|chinadaily.com.cn

国产热热热精品,亚洲视频久久】日韩,三级婷婷在线久久,99人妻精品视频,精品九热人人肉肉在线,AV东京热一区二区,91po在线视频观看,久久激情宗合,青青草黄色手机视频

chinadaily.com.cn
left corner left corner
China Daily Website

DreamWorks to create $3.14b Shanghai center

Updated: 2012-08-08 09:23
By Shi Jing in Shanghai ( China Daily)

DreamWorks to create $3.14b Shanghai center

Asian operation to make the third Kung Fu Panda movie in China

DreamWorks Animation, the US film company, has announced plans to build a $3.14 billion theme park in Shanghai, to bolster its presence in the booming local entertainment market.

The studio's newly formed China joint venture, Oriental DreamWorks, is scheduled to open the theme park in 2016, said the creator of hits like Shrek and Kung Fu Panda.

Li Ruigang, the chief executive officer designate of Oriental DreamWorks, said the 20 billion yuan ($3.14 billion) project - being dubbed the Dream Center - will comprise entertainment centers, animation exhibitions and commercial developments, including hotels and shopping areas in Shanghai's Xuhui district.

The Dream Center will be the flagship attraction of the West Bank Media Port in Xuhui district, and is expected to bring in 20 million visitors a year, according to data provided by the district government of Xuhui.

Oriental DreamWorks also announced it will make the next Kung Fu Panda movie, the third installment in the series, in China for release in 2016.

The ambitious move comes after Walt Disney, another US entertainment company, last year broke ground on its planned $3.7 billion theme park in Shanghai, which is scheduled to open in 2015.

The first two Kung Fu Panda films enjoyed great success in the Chinese market, and the second film took in 470 million yuan at the box office.

Li said the company plans to release up to three films a year and its first feature-length animated film is scheduled for global release in 2017.

Established with an initial investment of $330 million, Oriental DreamWorks is owned by DreamWorks Animation SKG, producer of the original Kung Fu Panda and other animated feature films, and its Chinese partners, which include three State-owned enterprises.

They are the Shanghai-based China Media Capital, Shanghai Media Group and Shanghai Alliance Investment Ltd, one of the largest cultural exchange and cooperation programs between China and foreign countries.

The Chinese companies will hold a 55 percent stake in the new company, while DreamWorks Animation will control the rest.

Li Ruigang, also chairman of China Media Capital, said the company aims to become the largest animation production base in China and explore opportunities in copyright distribution, consumer goods, online games and musicals in the hope of establishing a complete home entertainment industry chain.

Xiang Yong, deputy director of the cultural industry research institute at Peking University, added that for Chinese domestic animators, who have suffered from an extended recession, DreamWorks' entry into China brings a great chance to learn from an industry leader.

"The cultural industry should always target a global market. We can now adapt to having global competition on our own doorstep."

Previous Page 1 2 Next Page

 
 
...
兴城市| 江安县| 绵阳市| 长沙市| 开平市| 上杭县| 赤峰市| 金塔县| 郁南县| 宝山区| 共和县| 陆丰市| 原平市| 镇雄县| 石台县| 尖扎县| 余干县| 彩票| 邻水| 慈溪市| 九龙城区| 汝城县| 鸡泽县| 深圳市| 长子县| 潍坊市| 崇信县| 三门县| 云南省| 庄河市| 桂林市| 宽甸| 淮南市| 正安县| 通河县| 泸溪县| 札达县| 准格尔旗| 宝丰县| 岳池县| 同德县|