CJ Entertainment has agreed to launch a joint project with China.
The president of CJ says that he signed a memorandum of understanding in Beijing with the chief of China's largest film agency, the China Film Group, on the jointly invested production of the film 'Thangka' and another project aimed at fostering young Chinese filmmakers.
The film is about a historical Tang dynasty princess married to a Tibetan king who introduced Chinese culture to Tibet.
'A Battle of Wits' diretor Jacob Chang will produce the film alongside the playwright of 'Assembly', the opening film of this year's Pusan International Film Festival.
Filming will start in March with a planned 2009 release.
The other project to discover and nurture young Chinese filmmakers will be organized by the China Film Group and participated in by CJ, Sony Pictures of the US, Media Asia of Hong Kong and Emperor Pictures.
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