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Professional Motion Picture Production and Distribution NEWS
| Park City Film Studios Forms Exclusive Partnership with National Film Capital of China By StudentFilmmakers.com posted Apr 29, 2013, 13:24 |
Representatives of Quinn’s Junction Partnership located at Quinn’s Junction, Park City, Utah, owner and developer of Park City Film Studios, and National Film Capital of China, headquartered in Beijing, China, have established an agreement to explore specific areas of strategic partnership.
When ultimately approved, the agreement with National Film Capital of China, the country’s state-run fund management company, will be the first of its kind with a U.S. film studio.
Among the areas of potential cooperation now in discussion, include a promotion and representation office at Park City Film Studios, a strategic role with the new International Film School at the studio, and participation in new film production technologies. In addition, the parties are discussing ways to increase private incentives to encourage film makers to make movies at the Quinn’s Junction facility.
“We look forward to exploration of all areas of strategic cooperation with Park City Film Studios,” said Mr. Bu-ting Yang, Chairman of National Film Capital. “We see a fine opportunity to combine our respective strategic interests in particular areas of interest.”
China recently moved into No. 2 movie box office in the world.
“We are honored with the interest of National Film Capital, and the time that Mr. Bu-ting Yang and Guo-wei Wang devoted in coming to Park City during the Sundance Film Festival,” said Greg Ericksen, owner and developer of the new studio. “The expertise and acumen of Mr. Yang and Mr. Wang, and the organizations they represent, makes this strategic partnership particularly exciting.”
Park City Film Studios will be the first international film hub of its kind in the beautiful setting of a resort environment in Park City, Utah, that will focus on cooperation and agreements in the fields of movie and post production, film financing, film funds, educational opportunities, technology and advancing a cultural exchange between film makers in the United States and China.
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