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Posts tagged "us film exports"

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Discussions Discussion American Cinema
Forrest Gardner, Feb. 20, 2012

Boost for Hollywood studios as China agrees to ease quota on US films:

Limit currently set at 20 blockbusters a year to be raised to 34 – but additional movies must be 3D or Imax versions.

Major American studios and independent film-makers alike are celebrating the deal to settle a long-running trade dispute, struck by Joe Biden and Xi Jinping.

It also allows foreign film-makers to keep a bigger share of box office takings: they will receive 25% instead of 13%. “This is a very big deal,” said Chris Dodd, chairman of the Motion Picture Association of America.

This will be huge for the U.S. film industry.

Forrest Gardner

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