Los Angeles- The movie markets of China, India, South Korea and Japan will continue to post “spectacular gains,” resulting eventually in an Asia that is capable of sustaining itself purely from regional profits alone. That’s according to Entertainment Asia Network’s Asia Film Industry Report 2007. The research firm forecasts the four nations will post combined theatrical revenues of more than $US10.5 billion by 2020, while GDP totals will exceed $US16 billion. And it predicts these four regions will overtake the US industry by 2025. The report analyzes the current status and prospects of the movie industries in all major Asian territories including China, Hong Kong, India, Japan, South Korea, Singapore, Taiwan, Thailand and Vietnam. It tracks market size, population segments, production, financing, distribution, exhibition, export market, import market and home video/DVD.
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