U.S.-Chinese film pact opens up China film market to more players

The Independent Film & Television Alliance says move allows more opportunities to independent producers

censorship China financing IFTA Jean Prewitt U.S.-Chinese Film Agreement

Los Angeles – The Independent Film & Television Alliance (IFTA) praised the U.S.-Chinese Film Agreement, which will offer unprecedented opportunities for the U.S. Independent film industry in China.

China has agreed that licensing arrangements should be negotiated on commercial terms comparable with other markets proportional in size. Additionally, the pact encompasses key provisions that are considered standard practice elsewhere, including audit rights, approval of sub-licenses, consultation on marketing campaigns and the ability to designate a choice of law when disputes arise.

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