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‘Need for Speed’ Sequel Revving Up in China; Is ‘Furious 7’ Owed Thanks?

China Movie Channel, Jiaflix and 1905 Pictures are developing a new film that would be a U.S. co-production

“Need for Speed” may have had a bumpy ride in U.S. theaters last year but it was a runaway hit in China, where three top production and finance companies have announced plans for a sequel that will be developed as a co-production between China and the U.S.

Joint venture partners China Movie Channel Program Center, Jiaflix Enterprises and 1905 Pictures are teaming with Electronic Arts, the publisher of the hit “Need for Speed” video game series, on the sequel to Scott Waugh‘s action-thriller “Need for Speed,” which starred Aaron Paul, Dominic Cooper, Imogen Poots and Michael Keaton. There is no director, no writer and no actors attached, as the creative team for the film will be announced in coming weeks, with production anticipated to begin later this year.

As an official co-production, much of the sequel would be filmed in China with significant Chinese talent. The film is being packaged by UTA, which represents Electronic Arts.