Paramount and Huahua Media Ending Their Financing Deal

Transformers News: Paramount and Huahua Media Ending Their Financing Deal

Friday, November 10th, 2017 12:42AM CST

Categories: Live Action Movie News, Company News
Posted by: Bounti76   Views: 10,043

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As filming on the Bumblebee Movie wraps/is wrapping up, and with the last of the Transformers: The Last Knight toyline trickling out, we bring to you more news, though of the business side of making the live-action movies.

As we reported earlier, HuaHua media, via it's funding agreement with Paramount Studios, had incurred larger than expected losses, due to underperforming Paramount films (including this summer's The Last Knight). Well, it now looks as though that agreement is ending, via this story in Variety.

What does this mean for the live-action movies? Jim Gianapoulos, Paramount CEO said “The actions we are announcing today establish a financing model that is better aligned to Paramount’s new strategic approach to film production,” [he] said in a statement. Click on the link above to read the full article, and feel free to discuss this in the Energon pub forums below!
Credit(s): Variety
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Re: Paramount and Huahua Media Ending Their Financing Deal (1920806)
Posted by fenrir72 on November 10th, 2017 @ 1:24am CST
American businesses are learning from the Chinese.......how to put one over the other! :lol: This time, it's the Chinese left holding the bag! Paramount's been a victim of so much piracy that they hoodwinked them investors from China into investing on a turd!
Re: Paramount and Huahua Media Ending Their Financing Deal (1920814)
Posted by frogbat on November 10th, 2017 @ 4:39am CST
This might be related to the chinese government clampdown on foreign investment
Re: Paramount and Huahua Media Ending Their Financing Deal (1920880)
Posted by Blackstreak on November 10th, 2017 @ 3:39pm CST
Perhaps if the movies and toy lines are underperforming, than maybe they should improve on the quality of their products? Just a thought. I rather enjoy the movies but the toys have really plummeted in quality and skyrocketed in price. Nowadays, the only lines I'm interested in are 3rd party and Masterpiece.
Re: Paramount and Huahua Media Ending Their Financing Deal (1920882)
Posted by TulioDude on November 10th, 2017 @ 5:57pm CST
[quote]but the toys have really plummeted in quality and skyrocketed in price. [/quote]
Unfortunately,this apllies to most toys nowdays,it isnt a Hasbro isolated thing.

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