News Corp. agrees to buy 19.9% stake in China's Bona Film Group

The deal by 20th Century Fox's parent is Hollywood latest attempt to cash in on Asia's movie boom.

BEIJING — 20th Century Fox parent News Corp. has agreed to acquire a 19.9% stake in Beijing-based Bona Film Group, the latest attempt by Hollywood to cash in on Asia's movie boom. The deal also signals the global aspirations of China's second-largest independent movie production and distribution firm.

clean windshield