Sources close to the MPAA say the agency is confident Hollywood studios will not ultimately have to dip into their share of the revenue pie. Delayed payments strain an already difficult relationship between Hollywood and China. Many executives walk on tenterhooks when discussing dealmaking in the region out of fear of angering mercurial Chinese officials, who often restrict foreign access to the box office with little warning or explanation. Hollywood films are often pitted against one another, and more than one film has been yanked from Chinese screens withalmost noreason given. But even with millions of dollars at stake , studios seem unphased: Top executives have expressed confidence that China and the U.S.
There’s no dialogue, and the first couple of times DeHaan read the script, he couldn’t get a handle on it. “It’s not literal at all,” Hammett says. “We don’t like to get up on our soapboxes and talk about what people should think or shouldn’t think,” Ulrich explains. “Over 30 years, we’ve tried to encourage people to sort of figure out themselves rather than listen to what Kirk or I say.
Hollywood Studios Haven’t Been Paid by China in Months (Exclusive)
Going by the 25 percent rule, Warner Bros. would be owed north of $31 million for Man of Steel, The Hobbit: An Unexpected Journey and Jack the Giant Slayer;Sony would be due $23 million for Skyfall and After Earth (White House Down is still in the midst of its China run); Paramount would be owed roughly $30 million for Into Darkness, G.I. Joe: Retaliation and Jack Reacher; Disney’s Iron Man 3 made north of $121 million in China, which would mean a return of more than $30 million for the studio, while Oz the Great and Powerful would mean about $5 million in payments (Monsters University is headed to China later this month). STORY: Bruno Wu, Former Bertelsmann CEO Form China Venture Over the weekend, Universal’s Fast & Furious 6 opened to north of $24 million, scoring the second-best three-day debut of the year after Iron Man 3.