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‘Horse’ wins China release derby

January 21st, 2008 by Paul Martin

Sony’s “The Water Horse” looks set to be the first pic to break China’s blackout on foreign movies when it bows here on Feb. 16, a week before the previously announced “Atonement” on Feb. 22.

Industry sources said “The Water Horse,” a Loch Ness monster adventure for tykes, would open as the first full revenue-sharing movie, in both digital and 35mm formats.

No new Hollywood movies had been approved for release since November — extending what has become an annual December blackout. This protects Chinese tentpoles, this year “Assembly” and “Warlords,” during the lucrative Christmas and Chinese New Year period.

[Variety]