Magazine article Screen International

Beijing Round-Up: Dick Cook Financing Leads Flurry of Deals

Magazine article Screen International

Beijing Round-Up: Dick Cook Financing Leads Flurry of Deals

Article excerpt

Cook said that CITIC Guoan, a subsidiary of Chinese conglomerate CITIC, is investing $150m in the start-up studio.

"China is very important and this investment will serve as a significant building block in helping us reach our goals," said Cook in a statement.

"It took us quite awhile to find the right partners that share our vision to create quality content and our passion of family entertainment through telling rich stories that will travel the globe. Citic Guoan is an extremely diverse company with many businesses that range from film and television, publishing, media, to sports, tourism and outsourcing services that will be of great benefit to both of our companies."

Based in Los Angeles, Dick Cook Studios will be involved in the development, production, marketing and distribution of live-action and animated film, TV and digital content.

The deal with CITIC was one of several high-profile announcements made during the Beijing International Film Festival, which runs until April 23, and the Beijing Film Market, which ended tonight. BFM organisers claimed that 36 deals worth a combined $2. …

Search by... Author
Show... All Results Primary Sources Peer-reviewed

Oops!

An unknown error has occurred. Please click the button below to reload the page. If the problem persists, please try again in a little while.