Huayi Brothers and 30 Theater Chains Reach Box Office Revenue Share Agreement
on December 01, 2012
The Huayi Brothers production company came to an agreement with 30 theater chains this weekend regarding director Feng Xiaogang's Back to 1942. The company had been in a dispute with the chains over the appropriation of box office revenue shares for the film.
As part of the new agreement, Huayi will claim 43 percent of box office receipts while theater chains will claim 57 percent if the gross is less than 300 million yuan ($47 million). Should the gross exceed 300 million yuan, theater chains will have the right to a 55 percent share and the remainder will go to Huayi.
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