Jack Ma, Steven Spielberg Strike Deal To Bring Hollywood To China

Jack Ma, Steven Spielberg Strike Deal To Bring Hollywood To China
Jack Ma, Alibaba UNClimateChange/ Flickr cc

Jack Ma, the 52-year-old Chinese business tycoon, is set to invest his money in Amblin Partners, a media company formed by DreamWorks Studios, Participant Media, Reliance Entertainment and eOne which develops and produces film, television, and digital content.


Steven Spielberg, chairman of Amblin Partners, was spotted at the launch of tie-up in a downtown Beijing skyscraper’s ballroom with Jack Ma.

“We intend to make six to nine movies a year, ” says Jeff Small, Amblin Partners’ President and Co-Chief Executive Officer. He added, “The films would be distributed by a network that included Universal Pictures Ltd. China had the “fastest-growing demand in world”, as reported on Bloomberg.

Also Read: Alibaba’s Jack Ma Says Life Was Better When He Was Still Earning Small

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The Chinese billionaire commended Hollywood’s best director for his abilities and how the Chinese people loved his works.

Spielberg has won a lot of awards as Best Director and Best Picture in a number of prestigious film awardings, plus a pocketful of Academy Award nominations which makes him the best director of all time, and is known for winning “Schindler’s List” and “Saving Private Ryan”.

“I don’t think there are many differences between East and West — the only difference is that the West is better at telling stories,” said the first Chinese entrepreneur to appear on the cover of Forbes, hoping that Alibaba Pictures will pick up tips from Spielberg and Amblin Partners.

Also Read: Ariana Grande May Be Steven Spielberg’s Next Big Thing, Thanks To SNL

 “There’s a lot in China that’s becoming more and more known, through media … and China’s tremendous renaissance,” said Spielberg, who was involved in the making of  the 1980s film “Empire of the Sun” in Shanghai. He expressed his interest to “bring more of China to America and more of America to China.”
Amblin Partners’ upcoming movies are “A Dog’s Purpose“,  to be released January 27, and science fiction adventure film “Ready Player One”, based on the best-selling book by Ernest Cline and directed by Steven Spielberg.
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