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The deal that was struck by China’s Poly Film Investment Co., TW Capital from Thailand and Thai Chi (Hainan) Culture and Media Co. will kick off with 50 million yuan ($7.4 million) in seed money. Tanawat Wansom, president and CEO of TW Capital, told Variety that the fund will draw investments from other partners and aim to raise more than 100 million yuan in total.
Wansom said the success of Thai comedy “Bad Genius” in China last year has boosted the confidence of content producers and financiers in Thailand to invest more in the middle kingdom. He said the fund already has more than 10 projects in the pipeline, including film projects for both theatrical releases and internet streaming platforms.
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In today’s film news roundup, Michael B. Jordan is producing a creature feature, billiards champ Cisero Murphy is getting a movie, the sixth Terminator movie gets a title, and Graham King receives an honor. PROJECT UNVEILED New Regency and Michael B. Jordan’s Outlier Society are partnering on an untitled monster movie from “Kong: Skull Island” […]
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Nicolas Cage will star in the martial arts actioner “Jiu Jitsu,” based on the comic book of the same name. The cast will also include Alain Moussi, who stars in the “Kickboxer” franchise. Dimitri Logothetis is producing with Martin Barab and directing from a script he wrote with Jim McGrath. Highland Film Group is handling […]
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A deal to establish a 100 million yuan ($14.9 million) co-production fund between China and Thailand was struck at FilMart on Tuesday to help launch TV and film projects that will appeal to Chinese and Southeast Asian audience. The deal that was struck by China’s Poly Film Investment Co., TW Capital from Thailand and Thai […]
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The sudden ouster of Warner Bros. Entertainment chief Kevin Tsujihara kicked off what is likely to go down as one of the most extraordinary weeks in Hollywood history, spelling enormous turmoil and transition across the media landscape. In addition to the news about Tsujihara, which comes amid a wider shake-up of leadership at AT&T’s WarnerMedia, […]
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More than half of the films playing at Hot Docs, North America’s largest documentary festival, are directed by women, the Canadian event said Tuesday. The festival’s 26th edition, which runs April 25-May 5, will screen 234 films, with 54% of the directors being women. In the competitive International Spectrum program, notable films receiving their world […]
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Korean distributors are having to fight ever harder for their share of Korea’s theatrical market share. Threats on the horizon include a slide in the performance of local movies, consolidation, the arrival of new players and the challenge from streaming services. South Korea’s theatrical box office is now bigger than that of France or Germany despite […]
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In 2018, the Korean film business stumbled, as local films made with blockbuster budgets and targeting the usual high seasons of Chuseok and Christmas last year failed to deliver blockbuster earnings. So Korean distributors have embraced some tactics to enhance their bottom lines. Genre films “Monstrum,” “Fengshui,” “The Negotiation,” “Take Point,” “Swing Kids” and “Drug King” […]
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