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Monday, 24 March 2014

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When it comes to money, Hollywood sniffs it out in a hurry and it has come to no one's surprise that it is now chasing China for all the American bucks it has stuffed under it's casting couch.

The latest sign is that Hollywood is expanding ties with China Dreamworks Animation & have partnered in a two and a half billion dollar "Dream Center," an entertainment complex in Shanghai that is supposed to open in 2017.

A "Dream Avenue" theater district modeled on London's West End and New York City's Broadway should be completely ready in three years. They are putting together a 500-seat IMAX cinema to be part of the complex, according to the Associated Press. The buildings on a 50-acre site will eventually contain a 500-seat IMAX cinema with international film festivals, bars, restaurants, musicians, orchestras and performance venues, according to the joined companies.

"This will become the world's third great center of entertainment and arts alongside New York's Broadway and London's West End," DreamWorks Animation CEO Martin Shroener told a news conference, according to the Hollywood Bulletin.

"About the only thing we have left to get resolved is to get both our countries to refrain from having a nuclear war", stated Shroener. "That would be a bummer and force us to start all over from scratch."

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