Paramount Partners With China's BesTV on January 24, 2013

Xinhua reports that Paramount has signed a copyright deal with BesTV New Media that will give BesTV the right to play Paramount films via its Internet TV and IPTV Premiere services. Films from the Mission: Impossible and Star Trek franchises will be first, followed by other classics such as Forrest Gump and Ghost

BOX OFFICE: 'Skyfall' Posts Modest Opening Day on January 22, 2013

EntGroup tells Boxoffice that Skyfall made $5.1 million on its first day of release on 5,500 screens, which includes $200,000 or so from midnight shows. That's a bit underwhelming considering that Skyfall is the widest theatrical release ever in China. 

Mission: Impossible - Ghost Protocol made $12 million in China during its first two days, and now it doesn't look like Skyfall will be able to match that. Ghost Protocol ended its Chinese run with $102.7 million. 

BOX OFFICE: 'The Grandmasters' Stays #1 During Soft Frame on January 22, 2013

thegrandmaster.jpgThe Grandmasters finished in first place during the week of 1/14-1/20 with a total of $13.7 million. Wong Kar Wai's latest is now up to a respectable $39.5 million. Skyfall opened on Monday in China and it's possible that many Chinese movie-goers were simply saving their money for the new Bond flick. 

Bona Film Group's Bring Happiness House debuted to $13.4 million. The film is a spin-off of a popular Chinese cable TV show.

CZ12 landed in third with $8 million. Jackie Chan's latest is now up to $135.1 million

Lost in Thailand fell to fourth place with $4.9 million for a total of $196 million. It doesn't look as though the comedy will catch up to Avatar's $203.8 million haul. 

The full top 10:



Data provided by EntGroup. For complete daily box office data, please subscribe to EntBase.

NYT: Dalian Wanda Group Is Slow To Continue Investing In North America on January 21, 2013

Michael Cieply at The New York Times takes a closer look at how Dalian Wanda Group's promise to invest $10 billion in entertainment and commercial properties in North America is taking a while to come to fruition. 

"Both sides are likely to continue pressing their efforts; Hollywood is eager to have a partner that can help it tap into China's fast-growing film market, and Wanda wants to strengthen its foothold in the lucrative North American market," Cieply writes. "But the slow going underscores the disconnect inherent in negotiations between parties whose goals reflect their own, more narrow interests."

Read the full article here

'The Grandmasters' Posts Strong Debut In Taiwan on January 20, 2013

Warner Bros. reports that Wong Kar Wai's The Grandmasters debuted at #1 in Taiwain with $568,000. The Chinese flick is 82% ahead of 2046, 60% ahead of The Silent War, 51% ahead of IP Man and 37% ahead of The Guillotines.

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