Caixin OnlineSociety & Culture Zhang Yimou's Next Act Could Be Lucrative
08.29.2012 19:16

Zhang Yimou's Next Act Could Be Lucrative

Legendary Chinese filmmaker’s new contract with Wanda said to be worth 1 billion yuan, and his investment fund will have 2 billion yuan at its disposal
By staff reporter Liu Ran

(Beijing) – China's most famous director has been busy. Zhang Yimou is seeking a new employer and setting up an investment fund in Shanghai, and both deals involve very large sums.

Caixin learned that the fund, Zhang Yimou Cultural Industry Fund, will have 2 billion yuan to invest in filmmaking. Neither the names of the other investors nor the revenue-sharing arrangement were known.  

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