Disney-Branded Films Follow New Resort in Push Into China
Posted in: UncategorizedWalt Disney is preparing to make Disney-branded films in China, Chief Executive Officer Robert Iger said in an interview, and at least one will be in production within a year — the first major project from a local co-development deal in what will soon be the world’s largest film market.
“We have a lot of development activity right now to make Disney-branded films in China,” Mr. Iger told Bloomberg Television at the 963-acre Shanghai Disney resort, the company’s first in mainland China and scheduled to open June 16. “We are very far along on this process, including developing ideas, concepts for films and identifying talent to make those films.”
The company is partnering with state-owned Shanghai Media Group Pictures to make Disney-branded films in China, a Disney representative said. Disney signed a multi-year tie-up with the company in 2014 to co-develop movies for China and other markets.