Warner Theatres plans Chinese expansion
Following its groundbreaking deal last July to build a circuit of up to 10 cinemas in China in a joint venture with Shanghai Film Group, Warner Bros. International Theatres (WBIT) has agreed a new deal 'in principle' with Guangzhou Performance Co to invest an estimated $30m to build 8 - 10 state-of-the-art multiplex cinemas in southern China over the next few years.
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