The Vin Diesel franchise, xXx, faces a suit by a Chinese company that invested over $6M into a joint venture with The H Collective to support the fourth installation and future remakes. The Weiying Galaxy company was also supposed to acquire 100% of the foreign ticketing vendor’s derivative rights. The deal started in 2017, but Weiying Galaxy only received approval this year. However, a year after both parties had begun to do business, some massive irregularities presented itself.
“The Return of Xander Cage energized the franchise for a new generation and delivered original production company Revolution Pictures its highest-grossing film ever. What we’re looking at right now is the future of xXx 4, once again being put into question, as a company has invested time and money into a deal that looked more profitable and promising than it actually was. This also comes on the heels of the news that Weiying Galaxy’s share in the series has depreciated even more, as they had to allegedly grant “the Diesel Entity” more control over the next steps in this potential cinematic universe.”
– Excerpt from an article for Cinemablend by Mike Reyes. Read the full article here. _____________________________________________________________________________
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