The China film market has become important??
Yes, Jason Bourn heroically saves China from the hoard of slobbering monsters !Oh yes, I recall The Wall - I was forced to watch that culturally offensive claptap with my dad...
Synopsis: One of the greatest civilisations of history relies on the West to solve their problem...Thank God for Matt Damon and Mr Grumpy.
Television will benefit . quality stories shut out of cinema will go to that medium and so will more Hollywood A list actors and actress. In fact , thats happening now.I think soon the blockbuster will be the only genre of movie that gets theatrical release. It wouldn't surprise me if in 15 or 20 years there are only a handful of movies released to theatres a year, maybe a dozen or so, each one a blockbuster tied to a mega-franchise. The number of screens will be much lower. Going to a movie will be more like going to a stadium music show - expensive, infrequent, and spectacular. An experience that cannot be captured sitting at home in front of your TV.
Agreed, it wasn't long ago that you had to wait for the likes of just the BBC to make a solid drama; now there's several competing companies making such programs (and even buying them off the BBC after a season or two). As a result we can expect a big rise in TV dramas which focus on story and long term arcs rather than just "event of the week" structures.
What about the current incarnation of Dr Who for example? Or Quatermass or Blake` 7?I think one of the biggest changes to the Beeb's fortunes is that since 2010 they've not actually been able to own any of their ideas. If someone at the BBC has a new idea they are obliged to ask an external (private) production comany to make it for them. The external third party then obtains ownership of the new show and at the end of the contract they can shop the show to other broadcasters. Bake Off is a prime example of this, it was actually the brain child of a low tier assistant at the BBC who saw their baby pimped out to Channel Four...