Huayi Brothers and Stellar, two film production companies in China, reached an agreement Sunday with cinema chains on flexible division of box office revenue for their films, offering a possible conclusion to the recent spat between China’s leading film producers and cinema chains over the division of box office revenue.
The latest progress in the dispute came with the collapse of an alliance of the country’s five largest producers, namely China Film Group Corp, Huayi Brothers, Bona, Stellar and Enlight. On November 13, they had called for a rise in their share of the box office from 43 percent to 45 percent.