There was a big article in the Business section of the paper this morning. Disney just announced this partnership on Monday. Here is a quote from the Contra Costa Times article by Ryan Nakashima, Associated Press: "Disney and it's new partner, Beijing-based DMG Entertainment, didn't offer many details about their "Iron Man 3" project, although the companies say the movie will incorporate Chinese elements and be partly funded by DMG"
Apparently China has relaxed restrictions on number of film companies allowed to film in China .... they now are wanting foreign studios to bring their moviemaking know-how to China by forming joint ventures with Chinese studios. But studios have been jilted when Beijing has promised new openness only to reverse course. Hopefully this won't be the case with Disney and IM 3.
China is on pace to become the world's second largest movie market after the combined U.S. and Canadian region this year so there is enormous potential for Box Office revenue from a successful joint venture.
And yes, Robert probably did not know of this announcement since he was enroute to Russia for the opening of The Avengers. It will be interesting to hear his thoughts on this big change of location.