Chinese conglomerate Fosun will provide the bulk of financing while Huayi Brothers may also invest in the former Warner Bros. executive's Studio 8, which will distribute its films through Sony.
UPDATED: At a New York screening of the Warner Bros. film, the director and actors also speculated about the audience for the R-rated title based on the hit Broadway musical, and co-writer Marshall Brickman revealed what the Oscar-winning director brought to the project.Read more
The tech company -- boasting a 100 percent success rate for its fall 2013 box-office predictions -- forecasts financial losses for Tom Cruise's "Edge of Tomorrow" and Dwayne Johnson's "Hercules."Read more
Warner Bros. Entertainment U.K., Ireland and Spain president Josh Berger discusses the importance of tax incentives, how the "Harry Potter" franchise boosted the VFX business and the planned "Fantastic Beasts."Read more
Behind the Screen explores the impact of technology on movies and TV shows, specifically content producers, cinematographers, editors, VFX shops and artists, sound mixers and editors, technical (including R&D) roles and the post-production community. This includes products from companies like Red, Canon, Dolby and Avid to new hires in key below-the-line positions on movies or at below the line post/VFX shops