Toronto: Film Exec Says China Biz Is “˜Leapfrogging’ Over Hollywood1 min read

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Hollywood has much to learn from China, “which is essentially leapfrogging over the West” in terms of film and TV innovation, founder-producer of Lavabear David Linde said at a Toronto panel session Tuesday.

Linde reminded the audience that China is the second-largest market for film and is growing so fast that it will be No. 1 within a few years. The film companies cater to a digitally-savvy movie audience, while the boom in high-tech multiplexes has helped spur the growth.

He also said that it’s difficult for Americans to understand that Hollywood films do not dominate the film biz in China, as they do in the rest of the world.

Read the full article here>> via Variety
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