{"id":2666,"date":"2012-12-03T16:09:38","date_gmt":"2012-12-03T16:09:38","guid":{"rendered":"https:\/\/ft-agency.com\/wordpress\/?p=2666"},"modified":"2012-12-03T16:09:38","modified_gmt":"2012-12-03T16:09:38","slug":"the-emergence-of-studios-in-the-u-s-in-the-30s-taking-place-in-china","status":"publish","type":"post","link":"https:\/\/ft-agency.com\/wordpress\/the-emergence-of-studios-in-the-u-s-in-the-30s-taking-place-in-china\/","title":{"rendered":"The emergence of studios in the U.S. in the \u201930\u2019s. Taking place in China"},"content":{"rendered":"<p>The entertainment business is fundamentally about momentum and that is very true in China, too. Who is on the way up, who is the biggest, and who is the brashest all determine who succeeds.<\/p>\n<p>China\u2019s ambitious Dalian Wanda Group, one of the country\u2019s largest entertainment and commercial real estate companies? Fresh on the heels of its September $2.6 billion acquisition of AMC Entertainment, the Beijing-based private company plans to buy a British business early next year (more details to come on whether it will be in entertainment, hotels, or retail). And it may sign an agreement with a Hollywood studio in the first half of 2013.<\/p>\n<p>Wanda already has 5,900 cinema screens in China, all of which are digital, and its Beijing office sits above a Wanda Imax theater. This year China\u2019s box-office take will grow by 30 percent, to about $3 billion, surpassing Japan as the world\u2019s second-largest market. That compares with roughly $10 billion in the U.S.\u2014still by far the world\u2019s largest market, but one that is gradually shrinking, says Duncan Clark, chairman of BDA China, a business consultancy based in Beijing.<\/p>\n<p>More at:\u00a0<a href=\"https:\/\/www.businessweek.com\/articles\/2012-12-03\/shrinking-u-dot-s-dot-film-business-looks-good-to-chinas-wang\" target=\"_blank\">https:\/\/www.businessweek.com\/articles\/2012-12-03\/shrinking-u-dot-s-dot-film-business-looks-good-to-chinas-wang<\/a><\/p>\n<p>\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The entertainment business is fundamentally about momentum and that is very true in China, too. Who is on the way up, who is the biggest, and who is the brashest all determine who succeeds. China\u2019s ambitious Dalian Wanda Group, one of the country\u2019s largest entertainment and commercial real estate companies? Fresh on the heels of [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[],"class_list":["post-2666","post","type-post","status-publish","format-standard","hentry","category-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>The emergence of studios in the U.S. in the \u201930\u2019s. Taking place in China - FTA<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ft-agency.com\/wordpress\/the-emergence-of-studios-in-the-u-s-in-the-30s-taking-place-in-china\/\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Oliver\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/ft-agency.com\\\/wordpress\\\/the-emergence-of-studios-in-the-u-s-in-the-30s-taking-place-in-china\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/ft-agency.com\\\/wordpress\\\/the-emergence-of-studios-in-the-u-s-in-the-30s-taking-place-in-china\\\/\"},\"author\":{\"name\":\"Oliver\",\"@id\":\"https:\\\/\\\/ft-agency.com\\\/wordpress\\\/#\\\/schema\\\/person\\\/f076e4c00545b6ff0cb77e74c9bb28ad\"},\"headline\":\"The emergence of studios in the U.S. in the \u201930\u2019s. 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