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Huahua Media’s $1B Finance Deal With Paramount is Scrapped

Paramount Pictures Corp. and China’s Huahua Media have mutually ended an agreement that would have financed 25 percent of Paramount’s film slate through 2019, citing recent changes in Chinese foreign investment policies.

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LA 500: Jim Gianopulos

Media & Entertainment

Veteran executive Jim Gianopulos became chief executive of Paramount in March 2017.

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