Paramount has partnered with China Filmco, the country’s largest state-funded film group, to produce a 3D fantasy/action movie about legendary explorer Marco Polo. Paramount Vice Chairman Rob Moore traveled to Beijing to make the announcement with Zhang Qiang, the vice president in charge of film investment and production at CFC.
This is the first collaboration between Paramount and CFC. “Fast and Furious” filmmaker Rob Cohen will direct the movie, which is scheduled to begin production in October. Yuehua Entertainment, Phoenix Entertainment and Huahua Film & Media Culture will all be involved in the production.
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Hollywood has been looking for every opportunity to co-produce movies in China, paving the way for release in a country with a strict import quota.
Paramount made it latest “Transformers” movie, “Age of Extinction,” in conjunction with a Chinese company and cast Chinese actors in the film. The previous film grossed more than $165 million at the box office there.
The Weinstein Company is also working on a TV series about “Marco Polo” for Netflix.