In his newest Hollywood role, Sid Ganis has gone from promoting the Oscars to pitching a sprawling film studio complex in China.
In an interview, the former president of the Academy of Motion Pictures Arts & Sciences predicted that Wuxi Studio outside of Shanghai will become a magnet for Hollywood productions within a few years.
"It took 100 years for our industry to evolve and our studios to be working at full capacity,'' said Ganis, a consultant and honorary chairman for Wuxi. "I expect within three years, the Wuxi facility will be bursting at the seams."
Ganis, a producer whose film company is based at Sony Pictures, returned to Los Angeles last week after attending a ground-breaking ceremony for the first phase of the Wuxi Studio project. The former steel factory has been converted into six sound stages and encompasses production offices, visual effects facilities and a retail and nightclub area similar to Universal Citywalk. Another five sound stages, some up to 63,560 square feet, are scheduled to open by next summer.