“Moviegoers in China spent 17 billion yuan ($2.7 billion) on tickets last year, turning the country into the second-largest film market in the world, the state news agency Xinhua said on Wednesday. Sales rose 30 percent from 2011, it said, citing the State Administration of Radio, Film and Television (SARFT), underscoring the rapid growth that has long attracted Hollywood despite China’s tight restrictions on foreign films. China in 2012 agreed to increase the number of films allowed in annually from the United States — which is the world’s largest movie market — from 20 to 34, whereas 893 domestic films were produced last year.”
http://www.rawstory.com/rs/2013/01/09/china-becomes-second-largest-movie-market/
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin
Tip Freedomwat.ch Staff with Bitcoin
Related posts:
'Nut-free' school zone decision upheld by Michigan Court of Appeals
Senator: Contractor that vetted Snowden is under investigation
Jim Rogers on Fox Business News - 18 January 2013
IRS may have refunded $5 billion or more to identity thieves
When Unpaid Student Loan Bills Mean Being Banned From Working
Delcambre officer accused of altering pain med prescriptions
GOP sneaks in automatic annual tax increase by introducing chained CPI
Swiss police smash Chinese trafficking ring
French special forces ‘to protect’ Niger uranium mines
Beijing spends a billion to get China’s music industry rocking
British scientists announce breakthrough in turning DNA into data storage
Germany stops Icelandic whale meat shipment to Japan in environmentalist victory
Croatian Swiss franc debtors demand central bank governor resign
Currency Market Unsettled by Trader Exits on Lawsky Probe
Death penalty will be sought against Natchitoches police officer