Magazine article Screen International

Bona Film Invests $235M in TSG

Magazine article Screen International

Bona Film Invests $235M in TSG

Article excerpt

China's Bona Film Group has made a $235 million investment in TSG Entertainment Finance, a financier that works with Fox.

TSG has worked on Fox live action films such as Dawn of the Planet of the Apes, X-Men Days of Future Past, and The Martian.

The Investment is structured primarily with the Bona Film Fund and a credit facility arranged by East West Bank, and entitles Bona to participate in the on-going slate financing arrangement that TSG has with Twentieth Century Fox, which will continue to distribute the films worldwide.

"Our international strategy has played an important role in our overall business plan and this partnership with TSG Entertainment underscores Bona's growing impact and brand awareness in the international film industry," said Bona founder, chairman and CEO Yu Dong [pictured]. "We look forward to participating in more mainstream Hollywood productions and bringing high-quality foreign films to the domestic market. …

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