Los Angeles-based Metan Development Group has entered into a strategic relationship with China’s Beijing Ruyi Xinxin Film Investment Company under which they will work together on film and TV projects.
Founded in 2009, Ruyi Film is a subsidiary of China’s Ruyi Media Group. The company produces films and TV series in mainland China working with partners including China Film Group and Beijing Forbidden City Film Co.
Also founded in 2009, Metan is a venture created to develop and distribute entertainment content and media specifically for international markets. It was founded by Namer, who was a co-founder of E! Entertainment Television, along with former News Corp executive Martin Pompadur and Amerilink founder Jean Zhang.
Metan president and CEO Larry Namer said: “Metan is delighted to collaborate with Ruyi Film as we uncover new strategic ways in which we can work together, as we reach out to global markets and develop the highest quality TV and film projects.”
Ruyi Media Group CEO Ray Lei said: “Since our foundation, we have aimed to become a leading entertainment company in China with an international vision. By working together with Metan, I believe that we can provide more TV series and films of excellent quality to Chinese audiences.”