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UPDATED: October 13, 2014
China's LeVision Pictures Breaks into U.S. Market
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China's LeVision Pictures is officially breaking into the U.S. market with an office in Los Angeles and will kick off its Hollywood campaign with a $200-million film fund for future blockbusters.

The company has five employees right now and its formal title is LeVision Pictures USA.

LeVision is the third-largest Chinese production house and boasts Zhang Yimou, one of China's most high-profile filmmakers, as its artistic director.

LeVision's parent company is LeTV, which produced The Expendables 3, and has a stake in the Tiny Times franchise.

LeTV's CEO Jia Yueting flagged the foundation of the U.S. presence earlier this year on a visit to Hollywood.

This is the latest of several recent forays into Hollywood by Chinese companies.

(CRIENGLISH.com October 10, 2014)



 
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