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Thomas Tull
Another piece of financing has come together for Thomas Tull’s Legendary East banner, with Hong Kong’s Paul Y. Engineering Group agreeing to invest $220.5 million in the company for a 50% stake. In addition, Legendary said it will also establish a credit facility to fund film productions and operations. Legendary East is the Asia arm of Legendary Pictures, with a focus on developing English-language pics that tap into Chinese culture. First releases are being prepped to bow sometime in 2013. Read full article at Variety. – Thanks to Tony F. for the heads up!