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2015 Milken Institute: Film success in China takes time, experts say
2015 Milken Institute: Film success in China takes time, experts say

China may be the new frontier for Hollywood, but cracking the world's second-largest film market is a painstaking process that involves years of relationship building, as well as navigating government censors and strict currency regulations. Those were among the vexing challenges cited by a panel of film industry executives Monday at the 2015 Milken Institute Global Conference. China has emerged as the world's second-largest film market outside the U.S. With ticket sales growing at about 30% a year, China is on track to surpass the size of the U.S. box-office market by 2020. The world's most populous nation saw its box-office revenue jump 34% to $4.8 billion...

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