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It bested How To Train Your DragonвЂ™s 2вЂs four-day $2.87M. The three-day in the Middle Kingdom was worth $3.8M and set a new record for an animated title. In 289 IMAX plays combined in China and Korea, KFP3 grabbed $4.2M. KFP3 benefits from status as a local film in China where itвЂ™s going out in two versions and playing on 3D and IMAX screens. Korea also had a good start with $11.4M on 1,359 screens. As expected, China delivered a record-breaking opening weekend for an animated film with $58.3M on about 15K screens. PREVIOUS, SUNDAY: Delivering a one-two punch as the domestic and offshore weekend leader, DreamWorks Animation/Oriental DreamWorksвЂ™ Kung Fu Panda 3 has kicked up a $75.7M start in six overseas markets.

Those titles will hit the Middle Kingdom on Monday, February 8 in what will be a mega PROC frame.ДЄctuals have been updated below. Also hitting some international markets before their China debut are blackout pics The Monkey King 2 and From Vegas To Macau III. Up next week are expansions on several studio titles and a handful of territories for SonyвЂ™s new entry, Pride And Prejudice And Zombies. Wanda Cultural Group vice president Ye Ning said his companyвЂ™s acquisition of AMC was driven by an admiration of the cinema chainвЂ™s management ethos, while Beijing Galloping Horse vice chairman Ivy Zhong said the joint purchase (with IndiaвЂ™s Reliance Mediaworks) of visual-effects house Digital Domain was done to increase the overall production quality of her companyвЂ™s output.Д¬hina Media CapitalвЂ™s Li said the collaboration with DreamWorks in establishing Oriental DreamWorks is also because of a need to вЂњintroduce creative process and production conventions into China.вЂќ вЂњThereвЂ™s still a big gap between China and Hollywood,вЂќ he said.'Paw Patrol: The Movie' Collars Milestone As Pups Pass $100M At International Box Office assets in the past year said their primary aim was to gain foreign expertise in order to improve ChinaвЂ™s film industry. Meanwhile, executives who have bought U.S.

вЂњThis super Sony executive said, very nicely, вЂPlease donвЂ™t do that and make fun of our cultural icon.вЂ™ вЂќ вЂњOnly once did I experience the intrusions of the parent company in what I was doing: it was when we wanted to make a comedy about sumo wrestlers,вЂќ he said. Reflecting on his time at Columbia Pictures when it was taken over by Sony for $3.4 billion in September 1989, Ganis said the initial fears of the studioвЂ™s creativity being compromised вЂњdid not materializeвЂќ and that the acquisition was the вЂњright thingвЂќ to do on the Japanese companyвЂ™s part. вЂ¦ It should be about integration and not conquering Hollywood,вЂќ he said. вЂњOf course there will be Chinese investment in American studios, but a much more important issue to address is the cultural issue. Sid Ganis, the former president of the Academy of Motion Picture Arts and Sciences who is now working in China to consolidate the online film distribution portal Jiaflix Enterprises, agreed but also qualified his views by stressing potential pitfalls in such acquisitions. PHOTOS: 5 of HollywoodвЂ™s Female Directors to Know Li was speaking at a panel titled вЂњChinese CapitalвЂ™s Long March to Hollywood,вЂќ in which Chinese media, film and financial executives spoke about their experiences working with their U.S peers вЂ“ or, in the case of Wanda Group and Beijing Galloping Horse, even injecting money into the acquisition of Hollywood assets.ДЄccording to Wang Ran, CEO of the China eCapital investment bank, a Chinese takeover of a second-tier Hollywood film production company within the next two or three years is вЂњpossibleвЂќ due to the the rapid expansion of revenue generated in ChinaвЂ™s film market, the volume of which has been predicted to surpass that in the U.S. Kung Fu Panda 3 will attain official co-production status in China, a designation that will see the film circumventing the countryвЂ™s strict import quota and its production companies securing a higher percentage of box-office revenue. PHOTOS: вЂHangover IIвЂ™ & вЂKung Fu Panda 2вЂ™ Premieres

Speaking at a Shanghai International Film Festival Forum panel Monday, Li said Oriental DreamWorks вЂ“ the Shanghai-based company owned by DreamWorks Animations, CMC, Shanghai Media Group and Shanghai Alliance вЂ“ will handle one-third of the production work on the project, with the remainder to be done in the U.S. The latest revelation comes from Peter Li, managing director of China Media Capital (CMC) and a board member of one of the filmвЂ™s co-producers, Oriental DreamWorks, and follows the April announcement that the filmвЂ™s release date would be moved to Dec. SHANGHAI вЂ“ With DreamWorks Animations having moved up Kung Fu Panda 3вЂs release date from 2016 to late 2015, one of Jeffrey KatzenbergвЂ™s Shanghai-based partners has confirmed that production on the film is slated to commence in August.

Kung fu panda 4 release date india