Rambo could be heading to China under a film financing deal being negotiated by Sylvester Stallone.
Chinese billionaire Dr. Shi Jianxiang has been in Los Angeles for the past week examining movie investment opportunities, and said he was interested in backing Stallone’s next two action projects, “The Expendables 4” and “Last Blood,” the final film in the “Rambo” franchise, under certain conditions.
“I’m willing to provide 60 percent of the financing so long as some Chinese element can be added to the films, meaning Chinese actors or locations,” he said. “Negotiations are continuing.”
Shi, 48, is a major player in Shanghai media, with thriving film, TV, book publishing and other media interests along with production and distribution outlets.
His company, Shanghai Kuailu Investment Group, is increasingly focused on film financing and distribution to feed China’s hunger for U.S. entertainment content and is looking for projects that bridge Hollywood and China.
The businessman says he loves movies, but puts commerce over art. Asked if he would rather win an Oscar or own a hit movie franchise, he laughed. “The second one, of course.”
Shi said he has also taken meetings in Los Angeles with veteran movie executive Mike Medavoy and Kimberley Kates, chief executive of Hollywood’s Big Screen Entertainment Group, which is developing projects in China.
Movie star Jeff Bridges is calling on local business leaders to join his campaign to pressure politicians into releasing funds to provide breakfasts at school for low-income kids.
“I’m not ending childhood hunger on my own. It’s going to take all of us – CEOs, restaurateurs, politicians and performers like me – to turn around the fact that 2.2 million children in California aren’t getting the breakfast they need at school,” said the activist actor, a spokesman for the No Kid Hungry campaign, founded by Bill Shore.
“We are all connected to powerful people and we can affect them, inspire them and work with them to help the vulnerable kids in our state that need healthy meals every day,” Bridges added.
Rallying fellow chefs and restaurateurs in Los Angeles behind the effort is Mary Sue Milliken, co-owner with Sue Feniger of the Border Grill chain.
“I’m reaching out to my culinary industry colleagues to ask them to stand up for the kids by advocating directly to California’s leaders to demand that federal funds be made available to feed kids in our backyard,” she said. “After all, today’s kids are tomorrow’s workforce and by making them strong and healthy we can achieve a hunger-free generation.”
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