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are strong endorsements of Relativity strategy and we look forward to a mutually beneficial relationship with Chinese companies and financial institutions."In 2013, box office revenues in grew 27 percent over the prior year to $3.6 billion, making the first international market to exceed $3 billion in box office. That growth is only expected to continue; by one estimate the Chinese box office could be worth as much $5 billion in value potential for Hollywood studios by 2017, including imported and local productions.[1]Relativity existing presence in is underpinned by its ownership of SkyLand Entertainment, a film distribution and financing company headquartered in Beijing. Originally launched as a joint venture between Relativity, IDG Media Fund and SAIF Partners, SkyLand is now a wholly owned subsidiary of Relativity and maintains a close strategic relationship with the government run distributor Huaxia Film Distribution Co. Recent Relativity films released in include Immortals, Mirror Mirror and Free Birds.Under the terms of the partnership with CFPI, Relativity will become the cooperative partner for promoting and distributing Chinese films licensed by CFPI in the international arena. CFPI is mandated by State Administration of Press, Publication, Radio, Film and Television to promote Chinese films internationally. and help to promote Chinese language films at various major film festivals overseas. Relativity will receive a distribution fee in return for its services.Mr. Guoqing Gu, the newly appointed Head of CFPI said, "Relativity is an ideal partner to help drive CFPI mission of bringing Chinese films to international audiences. CFPI and Chinese film makers will benefit from Relativity strong international distribution network and track record of success as one of the fastest growing film studios that is breaking new ground in Hollywood with its seamless multi channel platform. in partnership with CFPI. This Chinese epic romance war film is a love story between Yang Guifei and Li Longji, also known as Emperor Xuanzong of the Tang Dynasty. The two companies will develop, produce and distribute new film and television content across JSBC and Relativity platforms.Mr. Bu Yu, President of JSBC, said, "JSBC is delighted to make this investment into Relativity, one of the world fastest growing media companies. Combining our distribution and content with Relativity will strengthen the already formidable platforms of both our companies. This partnership will allow JSBC and Relativity to collaborate across the full range of content from film and television, to sports and music, Under Armour Curry 1 Lux Mid and we are excited about the possibilities it creates."ICBC Strategic Advisory ServiceThe strategic advisory relationship with ICBC will grant Relativity access to ICBC extensive, international network of financial resources.Wenwei Duan, Managing Director of Investment Banking of ICBC, said, "Given Relativity quite sophisticated, risk mitigated business model and its high growth potential, investing in the company is an attractive opportunity for investors like SeedShine Capital. We look forward to working with Ryan and the Relativity team as they tap into the Asian and international capital markets to continue to pursue strategically compelling growth opportunities."Hugo Shong, Founding General Partner of IDG Capital Partners and a member of Relativity board of directors, said, "We are excited to partner with the world class team at ICBC as we build on our success in the fastest growing entertainment market in the world. This partnership will provide us with the added financial services and network to help Relativity capitalize on the significant opportunities in the Chinese market."SeedShine Capital is an investment management company with deep experience and strong ties to media and entertainment industry. The firm is focused on serving as a bridge connecting the Chinese film Purple Under Armour Shoes

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Information contained on this page is provided by an independent third party content provider. WorldNow and this Station make no warranties or representations in connection therewith.Appointed International Distribution Partner by Film Promotion International to Distribute Chinese Films Overseas;Signs Strategic Advisory Agreement with Industrial and Commercial Bank of BEVERLY HILLS, Calif. and SHANGHAI, June 15, 2014 /PRNewswire/ Relativity Media ("Relativity"), a next generation media company, today announced at the Shanghai International Film Festival that it has been appointed as the strategic international distribution partner for Chinese language films licensed by Film Promotion International ("CFPI"), a state owned government agency that oversees the promotion and commercial distribution of Chinese films overseas.In addition, Relativity and Jiangsu Broadcasting Corp. ("JSBC") announced a partnership agreement to develop, co finance, co produce and distribute film and television content for both the international and Chinese markets. Under Armour Shoes For Boys High Tops

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As part of the partnership, JSBC will make an equity investment in Relativity.Relativity also announced it has signed a strategic advisory agreement with Industrial and Commercial Bank of Limited ("ICBC"). SeedShine Capital, a Chinese investment firm focused on the media and entertainment sector, has entered into a binding agreement to invest in Relativity. Financial terms of the agreements were not disclosed."Relativity has deep and growing ties to , one of the world most dynamic and vibrant film markets, and the partnerships we announced today will further strengthen the robust foundation we have built in ," said Ryan Kavanaugh, CEO of Relativity. "The partnerships with CFPI and JSBC will deepen our relationship with the Chinese media and entertainment industry and provide a world class platform from which to co develop Chinese and international film and television content from two leading organizations. Finally, the strategic advisory agreement with ICBC, the world largest bank, and the investment by SeedShine Under Armour Shoes Design

industry with the international film market.Proceeds from the SeedShine Capital and JSBC investments will be used to support Relativity core business strategy, which is focused on three key growth areas:Expanding Relativity digital offer to include increased content creation and distribution via investments in mobile, internet, multi channel network and over the top space capabilities.

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Relativity Continues Expansion In China

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