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Entertainment & Sports

Mar. 1, 2011

Chinese Firms Eye New U.S. Investment: The Hollywood Film Industry

While U.S. financing sources have dried, a flood of Chinese investment is ready to hit Hollywood. The transactions themselves will take some getting used to due to cultural and political barriers, which lawyers can help navigate.

By Jean-Luc Renault

Daily Journal Staff Writer

A five-hour meal featuring delicacies boiled in tabletop vats, nonstop drinking and a haze of cigarette smoke may not sound like an unusual setting for the deal making that goes on in Hollywood. But how about all of this atop the Great Wall of China?

That's where James Thoma, a film-finance partner with Reed Smith LLP, found himself recently as one of his clients grabbed the ear of the China Film Group, a govern...

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