The partners will co-produce the 3D fantasy-action and are searching for a name Hollywood director and star plus US and Chinese cast.

Production is expected to commence in October in conjunction with Yuehua Entertainment, Phoenix Entertainment and Huahua Film & Media Culture.

Paramount vice-chairman Rob Moore (pictured) joined China Filmco director and vice-president Zhang Qiang at the official signing ceremony in Beijing, where the Beijing International Film Festival is underway.

Yuehua Entertainment CEO Du Hua, Phoenix Entertainment chairman Wang Fengchang and Huahua Film & Media Culture CEO Wang Kefei were also in attendance.

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