Site icon China Economic Review

Warner Brothers to set up 10 multiplexes

US film giant Warner Brothers has expanded its investment in the Chinese film theatre business by signing contracts with two Shanghai-based companies, state media reported. The contracts with Shanghai Film Group and Shanghai United Circuit are linked to plans to open 10 multiplex theatres across the country. These include a US$3m eight-screen theatre expected to open in Nanjing in January and a US$2.4m eight-screen cinema in Wuhan.

Earlier this year,Warner was the first foreign firm to buy a stake in a Chinese theatre.

Exit mobile version