Le Vision Pictures boosts US presence
Le Vision Pictures, the Los Angeles-based Chinese-owned film studio, has further boosted its presence in Hollywood.
The third-largest private film studio in China by total box office has bought the rights from Lionsgate's epic fantasy feature Gods of Egypt for release in China and unveiled an inaugural 10-strong slate from Los Angeles-based offshoot Le Vision Pictures USA.
Zhang Zhao, vice-chairman of Letv and CEO of Le VP, said that by acquiring Gods of Egypt - directed by Alex Proyas and starring Gerard Butler - for distribution in China, it will take advantage of its online-to-offline marketing and distribution model that has proved successful with Hollywood franchises, such as The Expendables 2 and 3, which were cofinanced and distributed by Le VP.