As China's box office threatens to outgrow the US's, Hollywood producers are increasingly focusing on China, said Aynne Kokas, author of Hollywood in China. Alibaba's reported investment in 2015's Mission Impossible – Rogue Nation and China Film Group's funding of Furious 7 demonstrate China's increasing presence in Hollywood. "The Chinese market is a huge opportunity for Hollywood," she said. However, Hollywood may have to accept restrictions on local content to access Chinese audiences and collaboration between China and Hollywood may also crowd out less commercial films or those from other locales, Kokas said.
As China's box office threatens to outgrow the US's, Hollywood producers are increasingly focusing on China, said Aynne Kokas, author of Hollywood in China. Alibaba's reported investment in 2015's Mission Impossible – Rogue Nation and China Film Group's funding of Furious 7 demonstrate China's increasing presence in Hollywood. Meanwhile, Dalian Wanda became the first Chinese firm to own a Hollywood studio after its acquisition of Legendary Pictures in January 2016. However, Hollywood may have to accept restrictions on local content to access Chinese audiences and collaboration between China and Hollywood may also crowd out less commercial films or those from other locales, Kokas said.