The rhythm of the movie company's collective sailing?

The Yap Reporter news, just completed the B round of 340 million yuan financing of Le Video film will invest 200 million U.S. dollars in Los Angeles to set up a subsidiary to open up the U.S. business.

However, the department currently has only 5 employees, the official name is Levision Pictures USA. But the future is likely to further increase investment in overseas projects, Jia Yue Pavilion visited Hollywood in August this year and announced that it plans to prepare 730 million dollars in strategic funding for its overseas market expansion.

But Tesco is not the first Chinese company to make a big foray into the overseas film and television market, and the commercial real estate giant Wanda had 2.6 billion dollars to acquire AMC, the world's second-largest-line group, as early as 12. In August this year, Wanda announced it would invest $1.2 billion in Hollywood's film and television business, and won a bid for a plot at Beverly Hills to build its U.S. entertainment business headquarters.

In addition, last month, Huayi Brothers announced plans to invest $130 million in the United States to set up a wholly owned subsidiary, which will be responsible for the U.S. film and television program production and investment in overseas projects. Fosun International took a stake in Studio 8, a film production company founded by former Warner Bros. president Jeff Robinov.