BEIJING (AP) — Dreamworks Animation and Chinese partners say they will co-produce the next “Kung Fu Panda” and jointly develop an entertainment center in Shanghai.
The deal announced Tuesday adds to fast-growing ties between Hollywood and China’s film industry.
Dreamworks and its partners said “Kung Fu Panda 3″ will be produced in China and released in 2016.
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They said the planned entertainment center in Shanghai, valued at more than 20 billion yuan ($3.2 billion), will include cinemas, theaters, restaurants and tourist attractions.
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