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Location determined for DreamWorks project in Shanghai

时间：2012-06-19 05:35:53

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 SHANGHAI, June 14 (Xinhua) -- A joint1 venture of U.S.-based DreamWorks Animation2 (DWA) and a consortium of Chinese companies will be located in Shanghai's West Bank Media Port (WBMP), government authorities said Thursday.

The joint venture, Oriental DreamWorks (ODW), will be a flagship project for the development of the cultural industry in the WBMP, which is located in Xuhui district, Chen Chengquan, chief of the district's culture bureau, said at a press conference on Shanghai's film industry.
The joint venture will be between DWA and three state-owned enterprises, Shanghai-based China Media Capital, Shanghai Media Group and Shanghai Alliance Investment Limited, with animated3 film production as its main business, according to an agreement signed by all parties in February. A recreation zone consisting of cinemas, restaurants, bars and theaters is also included in the project.
Chen did not disclose when construction would start.
With a preliminary investment totaling 330 million U.S. dollars, the Chinese side will hold 55 percent of ODW's shares and DWA will take up the remaining 45 percent.
Located on the west bank of the Huangpu River, the 19-hectare WBMP will be engaged in turning itself into a cultural landmark4 featuring film and TV production and digital entertainment.
Projects from renowned5 media and movie giants like Sony Pictures and Hong Kong-based TVB will also be introduced here, said Chen.

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1 joint m3lx4     
adj.联合的，共同的；n.关节，接合处；v.连接，贴合
参考例句：
  • I had a bad fall,which put my shoulder out of joint.我重重地摔了一跤，肩膀脫臼了。
  • We wrote a letter in joint names.我们联名写了封信。
2 animation UMdyv     
n.活泼，兴奋，卡通片／动画片的制作
参考例句：
  • They are full of animation as they talked about their childhood.当他们谈及童年的往事时都非常兴奋。
  • The animation of China made a great progress.中国的卡通片制作取得很大发展。
3 animated Cz7zMa     
adj.生气勃勃的，活跃的，愉快的
参考例句：
  • His observations gave rise to an animated and lively discussion.他的言论引起了一场气氛热烈而活跃的讨论。
  • We had an animated discussion over current events last evening.昨天晚上我们热烈地讨论时事。
4 landmark j2DxG     
n.陆标，划时代的事，地界标
参考例句：
  • The Russian Revolution represents a landmark in world history.俄国革命是世界历史上的一个里程碑。
  • The tower was once a landmark for ships.这座塔曾是船只的陆标。
5 renowned okSzVe     
adj.著名的，有名望的，声誉鹊起的
参考例句：
  • He is one of the world's renowned writers.他是世界上知名的作家之一。
  • She is renowned for her advocacy of human rights.她以提倡人权而闻名。

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