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‘Lost City of Z’ Producer Woos China for $200 Million Film Fund

  • Johnson betting demand still strong for Hollywood independents
  • At least half of investment to come from Chinese, Johnson says

“The Lost City of Z” co-producer Dale Johnson is back in China to raise money for a $200 million fund to finance independent Hollywood films just after some of the biggest China-Hollywood deals have fallen through.

Johnson said he expects to get at least $100 million for his Lynmar Media Fund from China-based investors, a sign that last year’s box-office sales slump and government pressure to limit outbound investment by Chinese hasn’t stymied demand for new projects linking Hollywood and the world’s second-biggest film market.