China Launches Incentive Scheme to Boost Box Office of Local Films

China’s Film Bureau has announced an incentive scheme to reward movie theaters that increase box office scores for local films. The move will take effect from Jan. 1, 2018. The scheme rewards theaters that derive more than 55% of their box office revenues from Chinese films, allowing them to keep half of a 5% tax they pay on ticket sales. There are bigger bonuses for those … http://bit.ly/2m9d6fu

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