The Private enterprise Beijing Alliance Film Investment Co., Ltd. (hereinafter referred to as the Alliance Pictures) will be the Chinese movie Group and its production subsidiary to the Court, to its trial and cooperation filming "martial arts" movie version of the film edition of about 100 million yuan in income sharing. Yesterday, the reporter learned that the city of a Chinese court has accepted the case. The producer of the popular TV series, "Wulin," sued the company for December 31, 2009, signing a contract with the film studios to make a joint investment in the movie version of the Wulin. According to the contract, the two sides jointly invest 17 million yuan, of which the Alliance film investment accounted for 30%, the Chinese shadow group investment accounted for 70%, share the distribution of net income according to the proportion of investment. Since then, the Union film in accordance with the contract has paid a total of 5.1 million yuan investment. January 26 last year, "martial arts" film version at home and abroad theaters. This time the box office more than 200 million yuan. In fact, not until April. According to the same period of market estimates, "Wulin rumored" movie version of the total box office should be more than 300 million yuan, so the Federation film should be divided into 100 million yuan of income. However, from the end of the movie schedule to the date of the prosecution, the Federation film has repeatedly requested the Chinese film Group in accordance with the contract to produce the original financial statements, and contractual to the union film to pay box-office receipts, but the group has been taking evasive attitude, has not fulfilled its obligations. The Alliance Film Company believes that the action of the Group has already constituted a fundamental breach of contract. Accordingly, the Union film request the court decree the Chinese shadow group to pay "the martial Arts" Movie Edition issue Net income 30% and the interest, the total RMB 102494615 yuan. Yesterday, the reporter learned from the court, as of now, the Chinese film Group has not submitted a written reply to the court. The reporter contacted the Chinese film Group, the staff expressed not clear about this matter.
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