April 18, 2017 Hollywood has become so entangled with China that the movie industry can’t run without it. Chinese investors and more than a billion potential moviegoers have made China indispensable to the film business. The country’s box-office total last year, at $6.6 billion, was the world’s second-largest compared with the first-place U.S., $11.4 billion. […]
April 18, 2017
Hollywood has become so entangled with China that the movie industry can’t run without it.
Chinese investors and more than a billion potential moviegoers have made China indispensable to the film business. The country’s box-office total last year, at $6.6 billion, was the world’s second-largest compared with the first-place U.S., $11.4 billion. In a few years, analysts predict, China will be No. 1.
While the U.S. movie-ticket sales have remained relatively flat, China’s have more than tripled since 2011.