Bloomberg News

Disney’s Marvel to Co-Produce ‘Iron Man 3’ With Chinese Partner

April 17, 2012

Walt Disney Co., the world’s largest entertainment company, plans to co-produce “Iron Man 3” with Beijing film studio DMG Entertainment as collaborations between Hollywood and Chinese studios increase.

The movie will have an investment of least 1 billion yuan ($158 million), DMG Chairman Peter Xiao told reporters in Beijing yesterday. The Chinese company will invest in the production and help distribute it in China, Burbank, California- based Disney said today in a statement. (Source: Bloomberg)

Running Time: 02:37


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