The deal underscores the increasing importance of the Chinese market to companies in Hollywood.
May 25, 2017
‘CAA has launched a long-term film fund with China’s Bona Film Group, starting with an initial $150 million investment.
The fund will be directed to U.S.-China co-productions as well as to Chinese-language films for the local market and English-language films for worldwide. Bona will retain all Chinese distribution rights for movies financed through the fund, while CAA will represent North American and select international rights.’