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Warner Bros., Brett Ratner cut deal to create Chinese investment fund
Warner Bros., Brett Ratner cut deal to create Chinese investment fund

Warner Bros. is partnering with filmmaker Brett Ratner and two Shanghai-based companies to create a fund that will invest in film, television and live entertainment projects targeting Chinese audiences. The entity, called the Creative Fund, will be capitalized "in excess of $100 million," according to a person with knowledge of the matter who was not authorized to comment publicly. For Burbank-based Warner Bros., the deal is seen as a way to cultivate relationships in China's creative community, this person said. The studio's Chinese partners in the pact are CMC Capital Partners, a state-backed private equity firm; and Shanghai Media Group, a media and...

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