Convergence of New and Traditional Media In Focus at U.S. China Film Summit

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Guo Guangchang, chairman of Fosun International, second from right, at launch of Studio 8. Guo will address the U.S.-China Film Summit.

The annual event will look at where China's money is going in Hollywood

The convergence of new and traditional media, as well as the future of Chinese capital in Hollywood, will be among the burning issues facing the industry discussed at this year’s annual U.S.-China Film Summit.

Guo Guangchang, chairman of Fosun International, which has just made a $200 million investment in Jeff Robinov's Studio 8 venture will deliver a keynote address on the future of Chinese capital in Hollywood at the event at the Millennium Biltmore Hotel in Los Angeles on Nov. 5.

The U.S.-China Film Summit takes place against a backdrop of ever-closer ties between Hollywood and China, the world's second biggest film market, after a year that has seen a flurry of deals by companies from both markets.

This year's event, the organization's fifth, will be an all-day conference, with five panel discussions focusing on trends in U.S.-Chinese co-production and new dynamics in cross-border entertainment, including film finance, development of TV programs and the rapid convergence of old and new media in China.

"Our broad program scope, roster of top-flight speakers and history of cutting-edge programming distinguish Asia Society Southern California's EMASIA Film Summit as the premier event for Hollywood and Chinese film-industry leaders," said Thomas E. McLain, chairman of Asia Society Southern California and an attorney at Arnold & Porter LLP.

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The program will also feature individual presentations by Charles Rivkin, Assistant Secretary of State for Economic and Business Affairs and former CEO of Jim Henson Company, who will deliver opening remarks at the fifth summit, and Miao Xiaotian, president of the China Film Co-Production Corporation, will participate in a lunch conversation.

Peter Shiao, chairman of the Summit and CEO of Orb Media Group, said the nexus of traditional entertainment and new media was a new game-changing phenomenon for the industry.

"The fusing of technology and content and the movement of entrepreneurial companies, capital and creativity between the U.S and China mark our themes for the 2014 U.S.-China Film Summit. The global industry is at an inflection point, and the Summit is on the leading edge of that conversation this year," said Shiao.

Producer Janet Yang will moderate a panel called "Transformers and Beyond: Inside the process of creating U.S.-Chinese tentpole films," featuring Legendary CEO Peter Loehr and producer Han Wei.

Meanwhile IDG Capital chairman Hugo Shong will moderate a panel entitled "New Players: Fresh forces in cross-border finance," that will feature Rafael Fogel, a partner at Falcon Investment Advisors, Tang Xiao Min of China Culture Industrial Investment Fund and a senior executive from Bison Capital Holdings.

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Loeb & Loeb partner Stephen Saltzman will moderate a panel "Serial Dreams: Opportunities and challenges for developing episodic programs for broadcast TV or digital distribution partner" with former Shanghai Media Group executive Zhou Yuan, Kristian Kender, business development director at China Media Management, and Larry Namer of the Metan Development Group.

The expanding role of China's online firms will feature in the panel "Content Convergence: How BAT (Baidu, Alibaba, Tencent) are changing the world", moderated by Shiao and featuring input from Liu Chunning, president of Alibaba YuleBao, Gong Yu, CEO of Baidu/iQiyi, and a senior executive from Tencent.

 "The C-Suite View: Big-picture strategies for U.S.-China film" will be moderated by Bennett Pozil, executive vice president and head of corporate banking at East West Bank. Panelists include Brian Goldsmith, co-COO, Lionsgate Entertainment, and Yu Dong, CEO of Bona Film Group.

Additional panelists and the Gala Awards Dinner honorees will be announced soon, and the evening will conclude with a VIP reception and gala awards dinner, also at the Millennium Biltmore Hotel.

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