A standoff between movie studios (SNE, VIAB, CMCSA, LGF, TWX) and China's government over the...


A standoff between movie studios (SNE, VIAB, CMCSA, LGF, TWX) and China's government over the percentage of the box office take studios can keep could have big implications on revenue totals down the road. Moving to a 25% cut from 13%-17% seemed like a big win, until China starting toying around with some extra taxes to levy on the group. The development is also something to watch for IMAX if it sees its pipeline cut down a bit. The tricky part: Playing hardball with China means studios risk getting banned from the country entirely to see that cut go all the way to 0%.
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  • Hank890
    , contributor
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    China wants one studio to sell-out so they can cut the others to zero, giving one studio the edge,....and the Chinese control who has the edge, temporarily,...the studios need to cooperate with each other here, clearly,..or they'll all lose in the long term
    1 May 2013, 02:24 PM Reply Like
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