Magazine article Screen International

Fox International Productions, Bona Unveil Production Deal

Magazine article Screen International

Fox International Productions, Bona Unveil Production Deal

Article excerpt

The announcement follows a deal signed this May in which FIP parent company News Corp acquired a 19.9% equity stake in Bona.

Fox International Productions and Chinese studio Bona Film Group have announced a multi-picture deal to produce Chinese-language films together.

The two companies will also work together to develop and distribute the films they co-produce. No details were given of the projects they intend to produce together.

The announcement follows a deal signed this May in which FIP parent company News Corp acquired a 19.9% equity stake in Bona directly from the company's founder and chairman Yu Dong.

"This is a significant step in what we believe will be a long-term, multi-facetedcollaboration with News Corp and its subsidiary companies," said Yu.

"The films released under this partnership will combine Bona's deep understanding of production, distribution and audience preferences in China with FIP's international expertise to create movies that satisfy audiences' growing demand for blockbuster characteristics. …

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