BEIJING—Warner Bros., which makes movies ranging from “American Sniper” to the recent Batman films, will soon be shooting in Chinese.
The Time Warner Inc.-owned studio said Sunday that it struck a deal with private-equity firm China Media Capital to make Chinese-language films for the fast-growing market. Warner Bros. will own 49% of the venture, called Flagship Entertainment Group Ltd. It will be based in Hong Kong.
With the deal, Warner Bros. will “gain additional insight into the Chinese film industry,” said Kevin Tsujihara, Warner Bros. chairman and CEO, in a statement. The two didn’t release financial details.
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