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WB & China Media Captial Joint Venture

Warner Bros. and China Media Capital, a giant investment fund backed by the Chinese government, are teaming to form a joint venture, Flagship Entertainment Group Limited. The new entity will develop, distribute and produce a slate of Chinese-language films, including global tent poles to be released as soon as 2016. http://www.hollywoodreporter.com/news/warner-bros-china-media-capital-825025 #EntertainmentBiz

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