According to The Hollywood Reporter, Wanda Group will offer a 40% rebate to studios that shoot movies and TV shows at its new Movie Metropolis located in Qingdao, China. Count Time Warner (NYSE: TWX) and Lions Gate (NYSE: LGF) among the studios signing on to shoot projects at the facility, which is scheduled to open in August 2018. …read more
Read more here: Will Wanda’s Deal Boost Lions Gate and Warner?
Category: LGF, TWX