Report Obama Letter Helped Open China To Hollywood

In late December, President Obama wrote a personal letter to Chinese president Hu Jintao urging the Chinese leader to make good on repeated promises to allow more foreign films to be shown in the country and to increase the percentage of box-office revenue that foreign producers may receive, according to the Hollywood Reporter , which cited an unnamed senior White House official. The president's letter was reportedly followed up by a phone call by Vice President Joe Biden to his counterpart, Vice President Xi Jinping, about the issue, which in turn was followed by "all-consuming" talks between Xi and U.S. officials, including Biden, on February 17, according to the trade publication. Those talks resulted in an agreement to pay Hollywood studios 25 percent of profits from the Chinese box office and to allow 14 additional 3D or IMAX movies to be shown in the country every year. The rewards to the studios could be considerable. The number of screens in China rose to 9,200 last year versus 6,223 in 2010. (There are more than 30,000 movie screens in the U.S.)

27/02/2012


Contactmusic

Tags: White House


Advertisement

Editors Recommendations

The Fifty Shades of Grey Movie Trailer Is Here: Was It Worth The Wait?

The moment Fifty Shades of Grey fans have been waiting for is finally...

The Fifty Shades of Grey Movie Trailer Is Here: Was It Worth The Wait?

Alec Baldwin (Mostly) Off The Hook On Disorderly Conduct Charges

Alec Baldwin was in court on Tuesday, facing charges of disorderly...

Alec Baldwin (Mostly) Off The Hook On Disorderly Conduct Charges

Pitbull feat. John Ryan - Fireball

Pitbull drops his eighth studio album 'Globalization' later this year and...

Pitbull - Fireball Video

The British Film Institute: 'There Are Too Many Films'

The BFI have condemned the amount of films released in British cinemas...

The British Film Institute: 'There Are Too Many Films'

What The Critics Are Saying About Scarlett Johansson's 'Lucy'

Early reviews of Scarlett Johansson’s new movie Lucy are piling up...

What The Critics Are Saying About Scarlett Johansson's 'Lucy'

Dwayne Johnson Battles His Way Through Non-Stop Absurdity In "Hercules"

It’s Hercules time! So we know that Dwayne Johnson made a lot...

Dwayne Johnson Battles His Way Through Non-Stop Absurdity In
Advertisement

Arty Ft. Angel Taylor - Up All Night [Lyric] Video

Russian musician Arty has collaborated with Angel Taylor on his latest single 'Up All Night', released on...

Arty - Up All Night (Lyric Video) Video

Those Colin Farrell for 'Iron Man 4' Rumors Refuse To Die

Rumors are abound that seminal Iron Man actor, Robert Downey Jr, will not be...

Those Colin Farrell for 'Iron Man 4' Rumors Refuse To Die

Marvel Announces Release Date for Unknown Movie - What Could It Be?

Last week Marvel studios took the unusual step of announcing five upcoming...

Marvel Announces Release Date for Unknown Movie - What Could It Be?


More recommendations

Advertisement

Comments

White House Newsletter

Subscribe to this news alert service to receive news and reviews on White House

Unsubscribe | Unsubscribe All