(Reuters) - The MGM Studio World will be built around the MGM brand and
others that it owns, it said. MGM said it will not make any
finanical investments in the project or operate it, serving
instead as "the licensor and creative collaborator" for the
entire project.
Media and entertainment industries are highly regulated in
China and foreign investments are restricted in the two sectors.
But the entertainment industry is growing rapidly in the world's
fourth-largest economy.
Read more at Reuters.com Market News
others that it owns, it said. MGM said it will not make any
finanical investments in the project or operate it, serving
instead as "the licensor and creative collaborator" for the
entire project.
Media and entertainment industries are highly regulated in
China and foreign investments are restricted in the two sectors.
But the entertainment industry is growing rapidly in the world's
fourth-largest economy.
Read more at Reuters.com Market News
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