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China's state-owned film distributor is making its first investment in Hollywood movies by taking a stake in two Legendary Entertainment productions.If approved for release in China, China Film would distribute the movies under current rules and regulations for foreign films, which are limited to just 34 a year. The deal calls for China Film to be credited on the movies.The projects are the first since Legendary and China Film teamed up about a year ago to produce global blockbusters.
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