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Re: rickn23 post# 31919

Sunday, 11/20/2016 1:13:55 PM

Sunday, November 20, 2016 1:13:55 PM

Post# of 34405
It looks like I have to read stuff more carefully:

From Focus Media's last interim report, page 2.

As at 30 September 2016, the ‘‘film deposits and rights’’ amounted to approximately HK$138 million, with an addition of approximately HK$1.1 million (applied as to approximately HK$458,000 for ‘‘The Annihilator’’ and as to approximately HK$683,000 for ‘‘Realm’’) during the period under review.




And this from 3 months earlier:

As at 30 June 2016, the ‘‘film deposits and rights’’ amounted to approximately HK$138.1 million, with an addition of approximately
HK$1.3 million (applied as to approximately HK$611,000 for ‘‘The Annihilator’’ and as to approximately HK$683,000 for ‘‘Realm’’) during
the period under review.



While it isn't much money ($1 million HK is about $129,000 USD), it appears Focus Media is paying for development of "Realm" and "Annihilator".

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