Some eyebrows were raised when this morning’s release of the Iron Man 3 first full trailer confirmed that the pic was a co-production between Marvel Studios and China’s DMG Entertainment. That’s because, earlier in April, Marvel Studios and DMG announced the intention to shoot and co-produce Iron Man 3 in China. But there have been rumors since then that it wasn’t happening. So until today that co-production status was still not clear. But my sources say Marvel Studios seems to be on track with the goal to film and release in China. Marvel meanwhile issued this statement in response to the rumor mill: “The suggestion that there has been an abandonment of the intention to film Iron Man 3 in China, or to pursue co-production status in China, is false.” BTW, all 6 of the studio’s prior films have released in China with box office totaling a whopping $165M.
Related: ‘Iron Man 3′ To Be Co-Produced In China
Editor-in-Chief Nikki Finke - tip her here.


With a population the size of China’s, how come it takes 6 Marvel films (Avengers included) to tally up $165 million in box office? Is it their “undervalued currency” that’s keeping the total down or is it a whopping abundance of bootlegs?
Because they limit the number of Western films released in China. Avengers was only released in a few theaters.
If they co-produce the films with China, they open the rest of the theaters up for distribution.
Billions.
Dude Avengers got national release in China… And I can assure you its box-office performance is incredible…
So we have to make films with China in order to get a fair release in China?!? The pundits are right. The Chinese are even dirtier capitalists than us!
Congratulations (officially) to DMG and particularly co-founder Dan Mintz and chris fenton, two really smart forward looking guys who work their asses off and have remained a pleasure to do business with.
The fact that this story is receiving as much attention as it is shows how cutting-edge/trailblazing both Marvel and Disney are in taking on this China Co-Pro Challenge. If it pays off, it will be both historic and very profitable – not to mention drive Chinese consumers to the Shanghai theme park.
It seemed like a long-shot to me at first, but the entity Marvel/Disney is using, DMG Entertainment, seems to have pulled-off something similar with LOOPER. Hats off to those guys, especially since the Chinese elements in LOOPER actually made a fantastic film even better.
Now lets see a fantastic Iron Man film!!!!
And China is so trustworthy, seeing it was first reported LOOPER made $24 million by Deadline and others, then a few days later, whoops, some theaters in China mistook yuan for US Dollars and the real total was closer to $5 million …. not sure what I believe here… seems like China came up with a great excuse to pocket $19 million away from their deal with the studio.
Great job China, you’re learning Hollywood accounting!
I was a doubter of this shop DMG and voiced it mistakenly more than once. I’m now a believer. These guys r persistent mo-fo’s and have delivered on promises no one thought they could keep. Not sure how they get it done, but they do. I’d imagine their outgoing call biz is now an incoming call biz. Can it continue? Time will tell I guess.
@cuppajoe
While acknowledging the vast size of the potential audience in China and the growing numbers of influential citizens, many (if not most) of the Chinese audiences are very poor compared to the standards existing in the United States
How is a $165 million box office for 6 blockbuster movie considered “whopping” in the world’s 2nd biggest economy with a population 4 times than that of the US??
I think “whopping” was sarcastic.
becasue Chinese film market is developing rapidly recent years. Each year’s box office was more than 60% greater than that of last year. So Titanic 3D may earned more than $100million this year. But just four years ago, only a few movies can reach 100million RMB!
I bet they’re loving how Ben Kingsley was cast as a Chinese man.
Contrary to what many thinks happened, LOOPER didn’t qualify as a full co-production. It qualified as an assisted-production, which is the same as Kite Runner and Ultra Violet. I suspect the same will likely happen with IM 3. There simply isn’t enough Chinese actors in principle roles for the movie to qualify.
Shane Black implied at Comic-Con that they weren’t actually shooting in China and that the second unit was probably doing some sort of plate shots there.
The back and forth on all this is really weird.