John Woo directing ’1949′

John Woo has signed to direct the big budget romance film 1949, and is scheduled to start production as soon as he finishes up his epic Red Cliff.Variety reports 1949 is a $40 million Chinese language film with Woo lined up to produce. Terence Chang‘s Lion Rock and Fortissimo Films are set to handle worldwide rights outside China.

The film is based on a true story that happened at the end of WWII and the final years of the Chinese Civil War.

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