Legendary East and China Film Co. strike movie investment deal
China Film Co. Ltd., the largest film distributor in China, has invested in two forthcoming movies from Legendary Entertainment, the Burbank-based film finance and production company. Legendary East, an affiliated company of Legendary Entertainment, said on Monday afternoon that China Film Co. made "an over eight figure equity investment" in the films "Seventh Son" and "Warcraft." If the pictures are approved for release in China, China Film Co. will distribute them there. Universal Pictures, with whom Legendary Entertainment has a distribution and marketing pact, will release the movies in the U.S.; "Seventh Son" is slated to come out Feb. 6, 2015, and "Warcraft" on March 11, 2016. Legendary Entertainment's credits include the "Dark Knight" and "Hangover" trilogies, and last summer's "Man of Steel." Legendary East, which has offices in Beijing and Hong Kong, was formed in 2011. Legendary East and C...