Paramount Pictures Loses HuaHua Media Film Financing Deal -
Just as Paramount began to celebrate its extended partnership with Hasbro…. disaster strikes! HuaHua Media who collaborated with Paramount by investing US$ 1 Billion to promote and distribute movies in China, moved away from the deal leaving the Viacom company in a tight situation. That deal, had it stayed, would have funded 25% of Paramount film slates up until the end of 2019. Those who are in touch with the industry may already know that the deal was in a rocky path ever since Transformers: The Last Knight failed to live up to the expectations of the Chinese company. » Continue Reading.