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TIME WARNER TARGETS CHINA'S POTENTIALLY HUGE CINEMA MARKET.
AsiaPulse News, June, 2003
Tags: cinema, Time Warner Inc.
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SHANGHAI, June 20 Asia Pulse - Huge United States media conglomerate Time Warner is spearheading the Chinese cinema market, paying nearly half the cost of a luxurious multi-plex cinema in Shanghai.
The new 28.5 million yuan (US$3.4 million) cinema has been preferentially permitted to show Warner's latest blockbuster production Matrix II one week earlier than any Shanghai cinema, said Xie Baoxin, general manager of the Shanghai Yongle Co., Time Warner's ...
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