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CMC and Warner Bros. to make Chinese and English movies

Staff writer |
China Media Capital (CMC) and Warner Bros. Entertainment will set up a joint venture Flagship Entertainment Group Limited to develop Chinese and English-language movies for the international market.

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Headquartered in Hong Kong, with offices in Beijing and Los Angeles, Flagship Entertainment will be owned 51 percent by CMC, with Hong Kong Broadcaster TVB holding 10 percent of the CMC-led consortium, and 49 percent by Warner Bros. Entertainment.

Flagship plans to develop, invest in, acquire and produce a range of Chinese-language and global tent poles, for distribution throughout China and around the world. The first titles bearing the new imprint could be released as early as 2016.

This collaboration between China and U.S. filmmaking partners allows for exchanges of technical expertise and the development of young Chinese talents for the years to come, combining Warner Bros.' technical and creative knowledge base with CMC and TVB's access to local talents and market expertise.

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