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The "Iron Man" films, based on a Marvel Comics character, feature Robert Downey Jr. as a billionaire weapons-maker who fights villains wearing high-tech armor. Disney says the first two movies brought in a total of $1.2 billion. "This cooperation will be very important to both countries, China and the United States," said Dan Mintz, DMG's CEO and a cofounder. "This film will be shot together with Chinese partners." Disney rival DreamWorks Animation SKG Inc. unveiled a venture last month with three Chinese companies to make animated and live action material. DreamWorks will own 45 percent of the venture. Last June, Legendary Entertainment, producer of hits including "The Dark Knight," formed Legendary East with Chinese studio Huayi Brothers Media Corp. It plans one to two movies per year for global audiences, mainly in English and based on Chinese themes. Another studio, Relativity Media, said last year it would make movies with two Chinese partners for global audiences and distribute movies in China. ___ Online: The Walt Disney Co.: http://disney.go.com/ DMG Entertainment:
http://www-us.dmg-entertainment.com/
[Associated
Press;
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