Erich Schwartzel: Last News

Wall Street Journal reporter Erich Schwartzel’s book, Red Carpet: Hollywood, China and the Global Battle for Cultural Supremacy, warns in its prologue: “China’s pressure on Hollywood and its own entertainment industry have the potential to challenge the American film industry as the chief narrator of the twenty-first century.”

Editor’s Note: Wall Street Journal reporter Erich Schwartzel’s new book Red Carpet: Hollywood, China and the Global Battle for Cultural Supremacy includes a chapter on Fan Bingbing, one of China’s biggest global stars who disappeared from public view in 2018 shortly after she was cast to star in the female action spy movie The 355. In the excerpt below from the Penguin Press book, Schwartzel takes readers from Cannes through Fan’s house arrest — where she was “watched constantly, even while taking showers” — to her eventual reappearance (albeit via greenscreen and with a body double for The 355) as she had become what Schwartzel calls “the most famous chicken used by Chinese authorities to scare the monkeys of its entertainment industry.”

Rebecca Rubin Film and Media ReporterAt some point in the past decade, Hollywood stopped looking at the burgeoning Chinese box office as found money and instead embraced the theatrical market’s windfall for what it has become: a necessity.Today, whether or not blockbuster plays in China could mean the difference between hundreds of millions of dollars in ticket sales. That reality is downright painful at a time when China has continued to deny releases for Hollywood’s biggest 2021 movies, such as Disney’s “Black Widow,” “Shang-Chi and the Legend of the Ten Rings” and “Eternals,” as well as Sony’s “Venom: Let There Be Carnage.” And the few films that were given access to Chinese movie theaters, including MGM’s James Bond sequel “No Time to Die” and Denis Villeneuve’s “Dune” remake, earned far less than their studios had expected.