China, the new MOVIE CAPITAL of the World? Monster movie studio mega-plex in China planned by tycoon
$8 billion studio will have world's largest sound stage, underwater facilities
The Chinese-speaking population of the world are among the world's most ardent moviegoers. Mainstream Hollywood productions have since began producing Chinese-language versions of their blockbusters for this vital, untapped audience. Now - China's richest man plans to build a monster-sized movie studio in the northeastern city of Qingdao. The studio, costing $8 billion plans to dwarf all comparable motion picture studios worldwide.
Tycoon Wang Jianlin announced in a glamorous red-carpet event this past weekend that the Dalian Wanda Group will build a state-of-the-art film studio in order to dominate China's growing movie market.
Such celebrities as Nicole Kidman, Ewan McGregor, Catherine Zeta-Jones, John Travolta and Leonardo DiCaprio rubbed elbows with Chinese stars including Zhang Ziyi, Jet Li and Tony Leung at the event in Qingdao.
The Qingdao Oriental Movie Metropolis's 20 studios will include a permanent underwater studio and a 108,000 square-feet stage described by Wang as the world's biggest. The facility will also include an Imax research and development center, movie theaters and China's biggest film and celebrity wax museums.
The studio's first phase is planned to open in June 2016 and will be fully operational by June 2017. On top of everything else the studio will offer will be a yacht marina, eight hotels and a theme park will be built to attract tourists.
A preliminary deal with "a number of global film and television giants and talent agencies" to shoot about 30 foreign films a year has been inked, although the companies have not yet been named.
It's hoped that 50 Chinese production companies will make at least 100 domestic films and TV shows a year at the studios, where sets will simulate locations from Europe, the Middle East and China's Ming and Qing dynasties.
Dalian Wanda, which operates cinemas, hotels and department stores in China, last year bought the U.S. cinema chain AMC for $2.6 billion and snapped up British yacht maker Sunseeker in June this year.
The implications of the event have enormous implications for the showbiz world in general: Wang's success in attracting the A-list actors to his launch, held the same day as the Emmy television awards show in Los Angeles, also highlights how the center of gravity in the global film industry is shifting to the East.
Click here to learn about our Saint Michael the Archangel conference this Nov 1-3!
© 2013, Distributed by THE NEWS CONSORTIUM.
Pope Francis Prayer Intentions for December 2013
General Intention: Victimized Children. That children who are victims of abandonment or violence may find the love and protection they need.
Missionary Intention: Prepare the Savior's Coming. That Christians, enlightened by the Word incarnate, may prepare humanity for the Savior's coming.
Rate This Article
Leave a Comment
More Movies News
- 'The Sound of Music' star Eleanor Parker dies at 91
- 'Fast & Furious' star Paul Walker killed in 'possible street race'
- 'Catching Fire' sets November opening box-office record
- 'Catching Fire' is expected to do just that, at box offices worldwide
- You get to keep that DVD - forever! Blockbuster Video to shut down altogether
- Captain Phillipps, el nuevo filme de Tom Hanks, retrata heroísmo de marino católico
- 'Gravity' holds on to the top spot this movie weekend
- 'Gravity' has substantial weight with $55.8 million for first weekend
- Long lost Three Stooges short found in Australian garden shed
- Fr. Paul Schenck: Finding Living Faith on Catechetical Sunday
- The Movie Yellow: Incest as 'Normal' and Cassavates's Slides Into the World of Woes
- The Chicago School Teachers Strike Reveals the Need For School Choice
- The Sexual Barbarians and the Dissolution of Culture
- The Happy Priest Challenges Us to Ask: Who is Jesus to Me?
- Michael Coren on Canadian Public Schools: Teachers, leave those kids alone
- We Cannot Ignore Our Consciences: Cardinal Dolan On Religious Liberty
- In the Face of Danger, Successor of Peter Travels to Lebanon as a Messenger of Peace
- Reflections on the Dignity and Vocation of Women: Who or What?