"Hollywood vs. China: Court Battle Over Robert Downey Jr. Deal and Beijing's Attempt to Buy Taiwan's Broadcast Network"

1 min read
Source: Variety
"Hollywood vs. China: Court Battle Over Robert Downey Jr. Deal and Beijing's Attempt to Buy Taiwan's Broadcast Network"
Photo: Variety
TL;DR Summary

The long-awaited trial between former "Iron Man 3" production executive Chris Fenton and DMG Entertainment, a Hollywood-Chinese company, is set to begin next week. Fenton's $30 million breach of contract and fraud suit alleges that DMG founders cut him out of money generated by an initial public offering and mismanaged the company. The case is expected to shed light on China's business practices in Hollywood, including alleged bribery, stock manipulation, and control over film production. Hollywood actors Robert Downey Jr. and Neal Moritz are expected to be witnesses in the trial.

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