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RPT-Hollywood's China dreams get tangled in trade talks [Reuters]

Walt Disney Company (The) (DIS) 
Last walt disney company (the) earnings: 2/4 04:05 pm Check Earnings Report
Company Research Source: Reuters
RPT-Hollywood's China dreams get tangled in trade talks | Reuters Reuters Staff 5 Min Read (Repeats story that ran earlier Sunday, adding graphic) By Pei Li and Michael Martina BEIJING, May 20 (Reuters) - Hollywood’s push for greater access to China’s booming film market - delayed since last year - has become tangled in broader trade talks between Washington and Beijing, a potentially thorny position amid whipsawing trade relations. Negotiations to raise a Chinese quota on imported films and boost the share that overseas producers get of box office takings are now being discussed within the broader framework of a U.S.-China trade stand-off, four industry sources said. The shift from earlier talks is a double-edged sword for U.S. producers looking at China’s $8.6 billion cinema market. It could be bad news if broader talks go sour, but it could offer a potential path forward if the two countries find common ground. “It wouldn’t really hit the domestic movie business much whether we bri Show less Read more
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