The planned entertainment district in Shanghai's Xuhui area, with investment of more than 20 billion yuan ($3.2 billion), will include cinemas, theaters, restaurants and tourist attractions and is due to open in 2016, the partners said. They said it aims to become the largest animation production base in China and also will explore opportunities in online games, musicals and consumer products. ![]() ![]() Oriental DreamWorks plans to release one to three films per year and employ as many as 2,000 production professionals, the partners said. DreamWorks will own 45 percent of the company and the Chinese partners will hold stakes totaling 55 percent. They said the movie will be produced by a new joint venture, Shanghai Oriental DreamWorks Film & Television Technology Co.
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