Quick Facts
FONT-SIZE Plus   Neg
Share SHARE

Lionsgate Reveals Approval Of Hunger Games For Early June Release In China

RELATED NEWS
Trade LGF now with 

Lions Gate Entertainment Corp. (LGF: Quote) announced that The Hunger Games, which has already grossed nearly $620 million at the worldwide box office, has been approved for release in China in the first half of June.

The entertainment company stated that the film will be released nationwide in China with both dubbed and subtitled prints by The China Film Group in conjunction with Lionsgate's promotional partner, Talent International. According to Lionsgate, Hunger Games will be one of the first Hollywood studio films to be released in China under the new blockbuster revenue sharing agreement announced in February that allows Western distributors to collect up to 25% of a film's receipts in China.

Wendy Reeds, executive vice president of Content Sales & Distribution for Celestial Tiger Entertainment (CTE), Lionsgate's venture with Saban Capital Group and Astro's Celestial Pictures in Asia, stated, "We view China as an increasingly important market for our content in Asia. The Chinese box office grew by more than 30% last year to over $2 billion, and THE HUNGER GAMES' approval for nationwide release in China is a major step in translating the enormous commercial potential of this huge market into reality."

Register
To receive FREE breaking news email alerts for Lions Gate Entertainment Corp and others in your portfolio

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
Toyota Motor Corp. (TM, TYT.L) Thursday announced 1.1 percent decline in worldwide production for October, as there was a sharp decline in production of passenger cars in Japan. Production outside Japan improved 2.3 percent. In a separate announcement, the Japanese automaker said it will recall more... Computer and printer maker Hewlett-Packard Co. said Tuesday after the markets closed that its fourth quarter profit fell 6% from last year, as revenue declined 2%. The company's quarterly earnings per share, excluding items, came in line with analysts' expectations, but its quarterly revenue fell short of analysts' forecast. This organic and natural products company has experienced strong compounded annual growth over the last four fiscal years with its net sales growing 25% and adjusted income from continuing operations over 30%.
comments powered by Disqus
FREE Newsletters, Analysis & Alerts

 

Stay informed with our FREE daily Newsletters and real-time breaking News Alerts. Sign up to receive the latest information on business news, health, technology, biotech, market analysis, currency trading and more.