CHINESE FUND TO INVEST $800 MILLION IN HOLLYWOOD
February 6, 2012 by admin · Leave a Comment
Chinese media mogul Bruno Wu is teaming up with Harvest Fund Management, China’s fourth-largest investment-fund management company, to create a massive $800-million fund that will invest in tentpole productions in Hollywood and elsewhere that appeal to Chinese audiences, the New York Times reported today (Monday). In an interview with the newspaper, Wu mentioned that films […]