Paramount, China Movie Channel to produce “Transformers 4”

LOS ANGELES, Apr 3:   Viacom Inc’s Paramount Pictures said on Tuesday it reached a deal with the government-run China Movie Channel and its online movie service partner, Jiaflix Enterprises, to produce “Transformers 4” in China. China Movie Channel said in the joint announcement that the deal marks the first time it will work with a western studio to produce a film in China, although other studios such as Walt Disney Co have entered deals with other parties to produce films there to tap the booming Chinese box office. (agencies)