"The cooperation between CMMG and Paramount on TF4 is significant," Zhang Gen Ming, CEO and founder of CMMG, said in a statement. It marks CMMG’s first collaboration with a U.S. studio, Paramount Pictures.Read More »
China Box Office Surpasses US for Transformers 4, Opens In India
It seems the cooperation deal with China is paying off for Paramount as the five day box office totals for Transformers: Age of Extinction in the country has surpassed the United States. As of Tuesday the film was at $134.5 million in China vs. $121 in the United States. This disparity is unlikely to last as I believe that foreign films in China can only stay in theaters for two or so weeks but it is still an impressive start that will only encourage more deals from the Hollywood studios. The expectation is Transformers 4 will become China's top grossing movie of all time, surpassing Avatar's $217.7 million (probably by end of weekend at current pace).