Company to co-produce pics for international distribution

BEIJING — Chinese distrib Bona Film Group is in talks with four Hollywood studios about co-producing pics for international distribution.

“We hope to work with the larger studio houses … and we’re having discussions with several,” Bona CEO Dong Yu told the Wall Street Journal.

He said the studios include Universal, Sony, 20th Century Fox and Paramount.

Last month, News Corp. said it had bought a 20% stake in Bona, but the deal didn’t include any production agreement with Fox. Yu said he would like to work with Fox as a “preferred partner,” but the NASDAQ-listed Bona is free to make deals with other studios, he told the paper, which is owned by News Corp.

“We hope to do two movies per year through co-productions,” he said, adding he is “hopeful” the first will begin production in 2013.

Want Entertainment News First? Sign up for Variety Alerts and Newsletters!
Post A Comment 0