China passes law punishing companies for box-office fraud

November 7, 2016 - box office

China is perplexing to moment down on box-office rascal in a world’s second-biggest film marketplace by environment out punishments for companies that fashion sheet sales and other data.

Under a country’s initial film law, adopted by a Chinese council Monday, film distributors and cinemas that reproduce sheet sales information will have their bootleg gain confiscated and be fined adult to $74,000. If they illegally acquire some-more than that, they will be fined adult to 5 times a volume they illegally made.

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They also face being systematic to postpone operations and carrying their business licenses revoked.

China’s film attention is already heavily regulated, with censors carrying extended powers over what can and can’t be shown onscreen. The new law is an try to residence rascal and other problems that have emerged as China’s film marketplace continues to grow quickly. According to central information formed on cinema filings, films screened in China brought in some-more than $6.5 billion in 2015, adult roughly 50% from a year before. But authorities contend they trust box-office rascal is common.

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source ⦿ http://www.latimes.com/business/hollywood/la-fi-ct-china-box-office-fraud-20161107-story.html

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