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Paramount Pictures in $1 billion deal with China film companies
Viacom Inc's Paramount Pictures will receive a $1 billion cash investment from two Chinese film companies, Shanghai Film Group and Huahua Media, giving the US studio needed cash and stability as it attempts to grow.
January20,2017
Tencent film unit aspires to make own blockbusters
Tencent Pictures, the film unit of China's biggest internet company, is looking for acquisitions that can accelerate plans to make its own blockbusters instead of just writing checks for them.
December19,2016
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