China

Paramount Eyes China For 'Transformers 4' on November 16, 2012

tf4poster.jpgAnother major blockbuster is looking to take advantage of the financial benefits that come with co-production status in China.

Vulture reports that Paramount is trying to film part of Transformers 4 in China. Production on the sequel is set to begin in Spring 2013, so Paramount has plenty of time to set up a Chinese shoot.

Distributors Push To Raise Share Of Box Office Profits on November 15, 2012

Five major Chinese film distributors--China Film Group Corporation, Huayi Brothers Media Group, Bona Film Group, Stellar Mega Films Ltd., and Enlight Pictures Co., Ltd.--are joining forces to increase their share of box office profits. The coalition is asking for a 45% share from exhibitors instead of 43%. The main complaint is that production costs are increasing as state-of-the-art technology is used to make better films that can grow the market. 

China's box office is heading into a prosperous period as 2012 comes to an end. Home-grown films such as Back to 1942 and CZ12 with Jackie Chan look strong, while America will be releasing Rise of the Guardians2012 3D and Life of Pi

[China.org]

BOX OFFICE: Hong Kong's 'Cold War' Finishes First, Ends Foreign Dominance on November 14, 2012

coldwarposter.jpgThe recent foreign (read: mostly American) dominance of the Chinese box office has come to an end with Cold War, a Hong Kong action film. Cold War raked in $14.5 million during the week of November 5-11. Foreign films ruled the Chinese box office over the last four weeks: Taken 2 finished first during the week of 10/8-10/14, followed by Bait 3D, and then The Bourne Legacy held the top spot for the last two weeks.

Tai Chi II finished in second place with $5.9 million, pushing its total in China to $16 million.

The Bourne Legacy dropped to third place this past week with $5.6 million for a Chinese total of $31.2 million.

Wreck-It Ralph debuted in fourth place with $4.7 million. That's a relatively disappointing start for an animated film. Ice Age: Continental Drift was able to capture more than $70 million during its run in China.

Total Recall rounded out the top 5 with $1.7 million. The remake has grossed $18 million in China.

UPDATED: BOX OFFICE: 'Tai Chi Zero' Posts Modest Numbers In North America on November 12, 2012

Variance Films reports that Tai Chi Zero has grossed $203,634 after four weeks of release in North America. While American films are doing very well in China, some Chinese films are forced to settle for modest results.

UPDATED: BOX OFFICE: 'The Bourne Legacy' Nears $30 Million on November 12, 2012

bournechinaposter.jpgMonday Update: Universal is now reporting that The Bourne Legacy took in $3.1 million in China over the weekend for a cume of $29.5 million.

|Sunday Update: Universal reports that The Bourne Legacy took in $2.8 million in China during its third weekend of release. The action flick has now reached $29.3 million in China. Legacy's international total is $157.7 million. 


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