Studio Babelsberg and Shanghai Film Group join forces
In a strategic alliance to pool resources for international co-production, Berlin's Studio Babelsberg and Shanghai Film Group have signed a co-operation agreement.
The European and Asian companies are giants in their respective countries: Studio Babelsberg is the largest studio facility in Germany - and the oldest in the world - and Shanghai Film Group is one of China’s leading production companies with responsibility for more than 1,800 cinema screens across China.
The agreement was signed during a special ceremony at the Shanghai Film Festival by Ren Zhonglun and Wang Xiaojun, president and vice president respectively of Shanghai Film Group and Charlie Woebcken and Christoph Fisser, CEO and COO of Studio Babelsberg respectively.
Woebcken said of the deal: “The Shanghai Film Group and Studio Babelsberg have a great tradition and many successful references. We want to work together on establishing a joint "Production Service" unit in Shanghai, which will be able to realise major international film projects in China according to international standards. In addition, we are looking at international co-productions where a fruitful exchange of know-how can exist on both sides.”
The memorandum signed has several aims: to modernise the Shanghai Film Group’s film studio complex in China; to develop a joint production services infrastructure on an international level; to transfer the expertise and training of experienced staff, and to build international business activities and collaborate on co-productions.