Chinese TV Company Huace Pacts With Teen Hero Guo Jingming

The director of the wildly popular "Tiny Times" film series signs a five-year $30 million deal with the company. Shanghai-based TV company Huace TV has scored a major coup by pacting with Guo Jingming, creator of the teen smash Tiny Times who is currently the most sought-after name in the Chinese film business. The $30 million five-year deal covers the production of films and TV series. The agreement involves Huace paying $29.5 million for a 26 percent stake in Guo's company, Shanghai Zui Cultur...