Chan, Polybona form management company

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BEIJING -- Jackie Chan and China's Beijing Polybona Film Distribution Saturday announced the formation of an artist management joint venture at an event in Beijing.

In an event that was heavy on stars and light on details, Chan was joined by Polybona head Yu Dong and Chinese film luminaries including actress Fan Bingbing ("Lost in Beijing") and legendary action director Tsui Hark in celebrating the launch of Polybona Ying Long Performing Arts Management Co. The company also said it had signed Fan as its first artist.

Neither Chan nor Yu disclosed any details about ownership structure of the new company, the amount invested nor the terms of Fan's signing.
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