February 17, 2012

China vice president in Hollywood to unveil a large joint Venture with DreamWorks Animation

Just a quick follow-up to the article we wrote about the growing presence of China and Japan in big USA and Europe companies, the vice president of China is set to unveil today in Hollywood a large joint venture between two Chinese state-owned media companies and DreamWorks Animation, well known through its famous Shrek, Kung Fu Panda and Madagascar films. Number involving this negotiation are speculated to around 2 billon dollars and include a new studio facility to be built in Shangai.

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