Shanghai: Chinese Film Execs Talk Overcoming Industry's 'Severe Winter'

Top Chinese film executives came together at the Shanghai International Film Festival Sunday morning to discuss recent industry challenges and tout their slates for this year's 70th anniversary celebrations of the People's Republic of China.

So overall, he said 2018 was "the year of a severe winter for the movie industry in China." He also cited big stock drops of many publicly traded film firms. Financing is one of the challenges. "The capital market has given up on China’s film industry, I believe," Wang said. "We cannot find enough funding for projects.”

While much discussion is concentrating on the country's box office surpassing the U.S. as early as next year, Ren said: "We should not rush to be passing somebody," but instead focus on film quality and "developing own narratives."

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Chinese Industry On Edge After 'Depressing' Censorship of Shanghai Festival's Opening FilmThe suspected reason behind the shocking cancellation of the $80 million Chinese epic 'The Eight Hundred' began to emerge on Saturday, just as the festival's opening ceremony was getting underway — without its opening movie.
Source: THR - 🏆 411. / 53 Read more »

Lena Dunham To Direct & Exec Produce HBO Banking Drama ‘Industry’ From ‘His Dark Materials’ Producer Bad WolfLena Dunham is to direct and exec produce HBO’s banking crisis drama Industry after the premium broadcaster handed the Bad Wolf-produced an eight-episode order. The series, which comes from new Bri… Please keep her off camera. Unless there are monsters in this show. Oh. She’s still around?
Source: DEADLINE - 🏆 109. / 63 Read more »