The Chinese film industry has started to move away from its invest only approach in Hollywood projects and has begun offer Hollywood talent the opportunity spread their wings in a, surprisingly, more open concept market.
Tencent Pictures, a Chinese company that started as Internet giant before expanding into the film industry, was a major investor in Legendary Pictures’ Warcraft.
In addition to partnering with Legendary Pictures on Warcraft, Tencent also has a large stake in Kong: Skull Island.
The Chinese film industry has gone from very closed off and exclusive to knocking on Hollywood’s door as they continue to invest in major international projects and American talent.