DreamWorks Plans Studio in Shanghai

By JAMES T. AREDDY

SHANGHAI—DreamWorks Animation SKG Inc. on Tuesday signed plans with Chinese partners to build a $350 million movie studio in Shanghai to capitalize on the success of its Kung Fu Panda film franchise as the studio looks to build up its presence in a fast-growing Chinese movie market.

The studio will be 45% owned by the California animation company, with the remainder held by media-related companies controlled by the Shanghai government. The partners also plan an entertainment zone that could bring the total investment to 20 billion yuan (US$3.14 billion) to be largely funded in China.

The foundation of the project is the animation studio, DreamWorks CEO Jeffrey Katzenberg said in an interview. “The talent must exist here in China if only they had the knowledge, training and opportunity,” he said.
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‘Hunger Games’: Target to Sell $999 Mockingjay Pin, Replica of Katniss’ Leather Jacket

The retailer moves towards upscale collectors items to coincide with the Lionsgate film’s DVD and Blu-ray release.

by Sophie A. Schillaci

Target is going high-end for The Hunger Games DVD and Blu-ray release.

In addition to offering pre-orders of the discs, the retailer has announced that it will be selling a solid 14-K gold Mockingjay pin, like the one Jennifer Lawrence’s Katniss wears in the film, for an astonishing $999.

But the high-end merchandise doesn’t stop there. Target, which is known for offering a variety of items at inexpensive prices, will also be selling a replica of Katniss’ leather hunting jacket for $349 and a lithograph autographed by 10 Hunger Games actors, including Lawrence and Liam Hemsworth, for $699. The catch: Only 100 of each item will be available for purchase.

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Lady Gaga Gets Machete Kills Character Poster

by Ramin Shabestari

Robert Rodriguez has unveiled a brand new poster for his upcoming sequel to the Danny Trejo-starrer ‘Machete Kills’ featuring pop star Lady Gaga playing a character called La Chameleon.

Nothing has been mentioned about her character’s background or how she fits into the plot. All we say is that Gaga joins an already well-stocked cast of femme fatales that includes Jessica Alba, Michelle Rodriguez and Sofía Vergara.

A sequel to 2010’s ‘Machete’, which in turn grew from a fake grindhouse trailer of the same name, ‘Machete Kills’ sees Danny Trejo returning as the titular character who is recruited by the President of the United States (Charlie Sheen) to take down a Mexican cartel leader with deadly missiles pointed straight at America.
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Exclusive: ‘Man of Steel’ teaser trailer gives first glimpse of new Superman

By Matt McDaniel

If you have two fathers — one biological and one adopted — and if they both happen to be Oscar winners, they should both get a chance to offer you advice. Even if you are Superman.

The first teaser for “Man of Steel,” next summer’s new big-screen version of the DC Comics hero, is in theaters with “The Dark Knight Rises.” Though in a unique turn, there are two versions of the trailer, depending on which theater you’re in. Both trailers have the same images, but with different voice-overs. One (seen above exclusive here on Yahoo! Movies) features Kevin Costner as Jonathan Kent, the Earthling who took in the boy who fell from the sky and named him Clark. The other is spoken by Russell Crowe, who plays Superman’s Kryptonian father, Jor-El. Both actors, by some twist of fate, have played Robin Hood.
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Comic-Con 2012: ‘Man of Steel’ wows crowd with first look at new Superman

By Eric Pfeiffer

Director Zack Snyder and “Man of Steel” star Henry Cavill promised to reinvent Superman for a modern generation.

“We certainly respect the history,” Snyder told 6,000 screaming fans at Saturday’s Comic Con panel. “But I kind of felt like Superman needed to be reintroduced to a new generation,” Snyder said. “He’s always been like this Boy Scout on top of a mountain and you can’t really touch him.”

“I just wanted to bring Superman into the modern world,” Cavill added. “Hopefully I bring a version that everyone can relate to.”

Snyder screened the first-ever footage from the film, which premiers next June.
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