'Cloud Atlas' Creators Look For Hope In China on January 17, 2013

cloudatlaschina.jpgCloud Atlas directors Andy Wachowski, Lana Wachowski and Tom Tykwer are headed to China.

The trio announced that they will attend Cloud Atlas' premiere on January 20 in Beijing, reports. Consider it a smart career move: strong receipts in China could provide a much-needed boost to the polarizing drama. Cloud Atlas has earned a mediocre $75.3 million globally. The film is all but dead in North America after raking in just $27.1 million, but it's still alive in countries such as Italy and Korea. The Chinese opening is set for January 31, whcih could prove troublesome if Skyfall gobbles up too much business after opening on January 21.  



BOX OFFICE: 'The Grandmasters' Grabs Top Spot on January 15, 2013

thegrandmaster.jpgWong Kar Wai's The Grandmasters debuted in first place during the week of Jan. 7-13, 2012 with an impressive $25.8 million. 

CZ12's dropped to second place with $12.8 million, pushing its cume in China to $127.1 million. The Jackie Chan flick now ranks in fourth place on China's all-time highest grosses list.

Lost in Thailand added another $9 million for a total of $191.1 million. The comedy is still trying to replace Avatar's $203.8 million total in order to become #1 film of all time in China. It's already the strongest domestic earner.


Warner Bros. Confirms Chinese Release Date for 'The Hobbit: An Unexpected Journey' on January 14, 2013

The Hobbit: An Unexpected Journey has already grossed $609.3 million overseas. That total will get a nice boost when The Hobbit opens in China on February 22. Warner Bros. confirmed the release date in an email today.

BOX OFFICE: SARFT Releases Updated 2012 Figures on January 10, 2013

China's State Administration of Radio, Film and Television reports that the Chinese box office rose 31% to 17.1 billion yuan ($2.75 billion) last year. The 2011 total was $2.03 billion.

83% of th 893 films released in 2012 were Chinese films, but they only accounted for 48.5% of the total haul.


Brad Pitt Joins Weibo, China's Version of Twitter on January 10, 2013

When Brad Pitt does anything the media instantly pays attention. Well, that's the case once again with the famous actor's decision to post on Weibo. Bloomberg has a rundown:

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