Studio 8 Financier Guo Guangchang Missing, Report Says
A major investor in Studio 8, the independent studio formed by former Warner Bros. chief Jeff Robinov, is reportedly missing.
Guo Guangchang, the chairman of China’s largest private-sector conglomerate Fosun Group, has been unreachable since noon Thursday, Shanghai time, according to a report by Chinese publication Caixin, citing anonymous sources.
A media representative for Fosun didn’t immediately respond to a message seeking comment.
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With financing from Fosun and a distribution deal with Sony Picture, Studio 8 plans to produce two dozen movies over the next five years.
Fosun, which is based in Shanghai, manages a variety of businesses, including insurance, asset management and industrial operations, as well as a leading Chinese film company, Bona Film Group.