China Box Office: Annual Total Passes $7 Billion as ‘Across the Furious Sea’ Sails Off With Weekend Win, Disney’s ‘Wish’ Opens Fifth

Patrick Frater Asia Bureau Chief “Taylor Swift: The Eras Tour” movie has cleared multiple stages of approvals and will release in mainland Chinese theaters on Dec. 31. The announcement, foreshadowed by Variety earlier this month, was made at 1.13pm (or 13.13) on Friday in China, a reference to Swift’s birth date and lucky number.

Patrick Frater Asia Bureau Chief Australian streamer Stan has acquired rights to both seasons, totaling 20 episodes, of the Malaysian adaptation of Scandinavian crime series “The Bridge.” The agreement, brokered by Lyle Bettson-Barker, SVP Australia and New Zealand from Banijay Rights, represents the first time that Stan has acquired a Malaysian drama series. The Asian version of “The Bridge” was initially commissioned by Viu and HBO Asia in 2018, after Double Vision, part of the Vision New Media group, introduced Viu to the format. It broadcast to across 23 territories in the combined footprints of Viu and HBO Asia and was also shown on Viu in South Africa.The title has garnered more than 20 regional awards and nominations across its two seasons, making it the most awarded drama in Malaysian history. Season one faithfully follows the original show, and sees a dead body found on the border between Malaysia and Singapore, necessitating an investigator from each country to work together to solve the crime.

Patrick Frater Asia Bureau Chief Two Hollywood films “Wonka” and “Migration” opened in Chinese cinemas over the latest weekend. But neither did enough business to appear among the box office top five. Instead, the weekend crown went to “The Invisible Guest,” a Chinese remake of the 2016 Spanish mystery thriller about a woman who must work with a police officer to clear her name after her lover is found dead in a locked room. It earned a modest $12.6 million (RMB89.6 million), according to data from consultancy Artisan Gateway.

Patrick Frater Asia Bureau Chief Fifth Season, the production and distribution company previously known as Endeavor Content, has secured a $225 million strategic investment from Toho International, the Japanese film and TV studio behind current box office hit “Godzilla Minus One.” The investment gives Toho a 25% equity stake in the company and leaves Korean entertainment conglomerate CJ ENM as Fifth Season’s majority owner. Former parent company, Endeavor Group Holdings continues as a strategic shareholder. CJ ENM and Fifth Season will work with Toho to both produce global content and participate in content produced in Japan.

Patrick Frater Asia Bureau Chief The Korean-produced series “The Glory” won the best drama series award on Thursday at the Asian Academy Creative Awards Gala Final. Thai-produced TV movie “Hunger” was named best feature film. The awards are organized by the Asian Academy of Creative Arts (AACA) a.k.a Asian Academy Creative Awards (AAA) and are held alongside the Asia Television Forum and Market (ATF) in Singapore. The AACA “was established to honor creative excellence and serve as a peer judged pinnacle of achievement in content creation, performance and media production.” By the conclusion of the gala ceremony, Singapore, Japan and India had each claimed seven prize wins.

Patrick Frater Asia Bureau Chief China’s Linmon Media celebrated its tenth anniversary this week by unveiling 16 new shows for its 2024 production and release slate. The roster included seven Chinese period drama series, five contemporary shows and two more being made in Thailand. “We are not just a producer, we are a studio,” Zhou Yuan, co-founder and EVP of Linmon, told Variety on the sidelines of the company’s predominantly English-language presentation at the Asia Television Forum & Market in Singapore.

Patrick Frater Asia Bureau Chief Wang Jianlin, the Chinese billionaire who previously sought to buy a controlling position in Hollywood, is preparing to complete his imminent exit from the film industry. The troubled conglomerate is facing debt repayment pressure.Wanda Film, which remains China’s largest cinema operator, Wednesday said in a regulatory filing to the Shenzhen Stock Exchange that Wang and his Wanda Investment vehicle expect to sell their remaining stake 51% in the company to China Ruyi Holdings. Ruyi, which operates across film, TV and online games, counts games, social media and streaming giant Tencent among its largest shareholders.

Patrick Frater Asia Bureau Chief Universal Music Greater China has signed a strategic partnership with Mandarin-language music superstar Jay Chou and his record label JVR Music. The agreement secures global marketing and distribution rights for Chou’s extensive music catalogue and for future projects. It also supports rising talent from his label, including artists Patrick Brasca and Young (aka Cao Yang) through JVR. Nicknamed the ‘King of Mandopop’ Chou has a two decade career that spans 15 studio albums, eight world tours and 378 concerts in Asia, America, Europe, and Australia.

Patrick Frater Asia Bureau Chief Webtoons, the vertical-scrolling iteration of digital comics that emerged some twenty years ago in Korea, along with the smartphone, are now a global medium. But they are only at the beginning of their global journey, says Charlie Park, CEO of Kakao Entertainment-owned Tapas. Park was speaking Tuesday at the Asia Television Forum in Singapore in a session moderated by industry consultant Jimmy Kim. Park explained that the webtoon segment was for several years a niche fan-driven activity with few opportunities for monetization.

Patrick Frater Asia Bureau Chief China and Netherlands-based Fortissimo Films has picked up international sales rights to anticipated Chinese blockbuster movie “If You Are the One 3.” To be released on Dec. 30 in China, the picture is directed by Feng Xiaogang as the second sequel in his anti-romance comedy franchise, about a rich businessman and an air stewardess, which kicked off in 2008 and earned a follow-up in 2010.

Patrick Frater Asia Bureau Chief Macau casino operator, Sands China entered into a strategic partnership with Chinese streaming company Tencent Video and Chinese cinema ticketing firm Maoyan Entertainment. The three parties will team up to host large-scale offline events, content creation of lifestyle and entertainment programs and online marketing and promotion. Operating The Venetian Macao, The Parisian Macao and The Londoner Macao casino resorts, Sands runs several large entertainment facilities in Macau, including the 15,000-seat Cotai Arena, the 1,800-seat Venetian Theatre, the 6,000-seat The Londoner Arena, the 1,200-seat The Parisian Theatre, and the 1,700-seat Londoner Theatre. The three will co-organize events in Macau including live performances, concerts, films, TV series, variety shows, sports and cultural activities.

Patrick Frater Asia Bureau Chief Ridley Scott’s historical epic “Napoleon” was cruelly defeated at the mainland Chinese box office, where it opened in only fifth place on its opening weekend. Chinese crime thriller “Across the Furious Sea” headed the mainland China charts for a second weekend, earning $20.0 million (RMB142 million), according to data from consultancy Artisan Gateway. “Napoleon” earned just $2.8 million ($19.6 million) in China, according to the firm whose figures are generally considered as final, not estimates. The film earned generally mixed to positive reviews, but only a middling score of 6.6 out of 10 from users of the Douban movie fan site. But it appears that Chinese audiences found the travails of an ancient French emperor to be too much of a specialist topic.

Patrick Frater Asia Bureau Chief Political drama thriller “12.12: The Day” dominated the South Korean box office for a second weekend with a $13 million haul. Its second weekend outing topped its first session, when it earned $11.2 million, according to data from Kobis, the tracking service operated by the Korean Film Council (Kofic). And the film (aka “Seoul Spring”) increased its share of the weekend’s total cinema market to a crushing 81%. Separately, ComScore calculated that the film’s single country receipts made it the seventh highest grossing film in the world over the weekend. After two weekends on release, “12.12: The Day” has garnered $34.2 million, making it already the sixth ranking film in Korea this year and the third biggest Korean-produced picture.

Patrick Frater Asia Bureau Chief Negotiations are under way to secure a December or more likely an early January release for Taylor Swift’s “The Eras Tour” movie in mainland China cinemas. The film, which has grossed some $250 million worldwide since debuting on Oct. 13, is currently being reviewed by Chinese authorities.

Patrick Frater Asia Bureau Chief “Full River Red,” the Zhang Yimou-directed period comedy-drama that released in January this year has earned its producer Huanxi Media Beijing the 2023 Asia Pacific Box Office Achievement Award at the CineAsia convention. The convention gets under way Monday in Bangkok and will run till Thursday (Dec. 4-7).

Patrick Frater Asia Bureau Chief Ridley Scott’s “Napoleon” could be facing a Waterloo in China, where early box office indications point to a disappointing opening shot. The Apple Original Films production had clocked RMB6.1 million ($860,000) by 7:45 p.m. local time in mainland China on Friday, according to estimates from ticketing and box office tracking firm Maoyan.

Patrick Frater Asia Bureau Chief Taiwanese feature “The Mimicry” was named best picture at the first edition of the Cinema at Sea – Okinawa Pan-Pacific International Film Festival. The festival ran Nov.

Patrick Frater Asia Bureau Chief Warner Bros. Discovery China is launching reality TV show “Glow Up China” in mainland China later this month. Delving into the universe and talents of Chinese make-up artists, the series will launch on leading streaming platform Tencent Video in December at a yet-to-be-specified date. The 6×60 minute show is a Warner Bros.

Patrick Frater Asia Bureau Chief Chinese films “Trending Topic” and “The Invisible Guest” will be given theatrical releases in Malaysia and Singapore in the coming month. This step follows agreements between Chinese streamer iQiyi and Malaysian cinema chain GSC and Singaporean distributor Clover Films.

Patrick Frater Asia Bureau Chief iQiyi, the NASDAQ-listed Chinese streaming firm, confirmed its recent swing from loss to profitability with a July-September quarter that saw revenue and profits growth even as subscription numbers dipped fractionally. Net income attributable to iQIYI was RMB476 million ($65.2 million), compared to a net loss of RMB396 million in the same period in 2022, the company said in a filing on Tuesday. Using the company’s preferred non-GAAP statement of its accounts, net income was RMB622 million ($85.3 million), compared to non-GAAP net profits of RMB187 million in the same period last year. Total revenues in the period were RMB8.0 billion ($1.1 billion), a 7% year over year increase. Within that figure, subscription revenue was RMB5.0 billion ($687 million), up 19% year over year.