“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:
China Considers Ending Birth Limits as Soon as This Year
Cop 'handcuffed waitress, drove her to secluded park and repeatedly raped her on trunk of his police...
A Plan to Stop the Feds From Reading Your Emails
Richard Branson on bitcoin: Take that, Mr. Dimon
Internet giant Amazon hit by first strike in Germany
DC ambulance breaks down over EPA emissions controls; passenger dies
Google wants to build the Star Trek computer
What Government Schools Can Teach Us About Government Health Care
High-yield debt fund blocks investors from withdrawing funds
At the Texas-Mexico border, her son begged not to be taken; they took him anyway.
As Keystone stalls, TransCanada OKs bigger East Coast pipeline
'Follow the Money': NSA Spies on International Payments, Banking, Cards
Europol: Police need powers to tackle virtual money laundering
Unidentified detainee mysteriously dies at Guantanamo Bay
HSBC Judge Approves $1.9B Drug-Money Laundering Accord [2013]