Ilustrato Pictures Limited is an international company created for the development of feature theatrical films to be financed and distributed domestically by Chinese production companies, and for international release.
The principals of Ilustrato have spent years developing a network in China to integrate the company into the Chinese business fabric to conduct business there; an option we believe is not available for most Hollywood studios and production companies.
Ilustrato Pictures is poised to capitalize on near term revenues in China and from worldwide film sales (Chinese box office, dvd, pay per view, etc.). All projects will be guaranteed domestic Chinese box office distribution before actual production starts due to strategic affiliations with production and distribution networks.
Ilustrato’s corporate strategy is to earn revenues in China and from worldwide film sales through entertainment mediums such as the movie theatre box-office, DVDs and pay-per-view television channels. The company will also provide movie pre-production services, which include writing original scripts, directing, and educating Chinese film companies on special effects and various film techniques.
Last year there were 803 new theaters and 3,030 screens added, an average of 8.3 new screens a day, for a total of 2,800 movie theaters and 9,200 screens across the country.
Analysts expect the number of screens to reach nearly 12,000 by the end of the year, the slowdown in the real estate market notwithstanding.
Source: New York Times
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