China Media Capital and Warner Bros Entertainment formed a $1 billion joint venture last year to develop and produce films for global distribution. Now, the Hong Kong Trade Development Council (HKTDC) is targeting India; and this year, Kochi’s Indywood Film Market and Mumbai’s Ultra Media & Entertainment Pvt Ltd had stalls in FILMART.
As negotiations continue to develop at the FILMART 2016, another delegation joins in and heads to Hong Kong as well. Dubai has attracted increasing numbers of international big budget films including Kung Fu Yoga and Star Trek Beyond over the past year.
A Chinese action thriller titled “The Bittersweet” was acquired by Swen Group International. The Miami-based distributor got multi-territory rights, particularly for Latin America, North America, and most of Europe; and Hong Kong-based Fame Universal will handle sales.
MandarinVision launches its own international sales operations. This week, the Taiwan-based production firm is unleashing 2 comedy films called “Ace of Sales” and “Godspeed” at the FILMART.
On FILMART’s first day, three projects were unveiled by Singaporean production company mm2 Entertainment. The forthcoming titles include a heart-warming drama ‘Take 2’ and two horror features ‘Ghost Net’ and ‘Ibu’.
FILMART is back for its 20th edition and remains Asia’s largest entertainment market. Last year’s event attracted over 78 exhibitors from 34 countries and regions, and over 7,100 visitors from more than 50 countries and regions. Participants were either looking to sell/buy or recruit projects to film with.