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Hong Kong’s TVB Flustered by Shareholder Criticism of Losses, Investments and Boardroom Control - variety.com - China - Hong Kong - city Hong Kong
variety.com
18.04.2023 / 05:33

Hong Kong’s TVB Flustered by Shareholder Criticism of Losses, Investments and Boardroom Control

Patrick Frater Asia Bureau Chief Television Broadcasts, Hong Kong’s leading free-to-air broadcaster, has said that it is considering legal action against a group of shareholder activists. The shareholder group, seemingly led by Chow Ngai Keung and publishing its critiques on Facebook, has made a series of complaints about TVB. These include the allegation that TVB is operating a streaming app Maiduidui in Mainland China without the proper authorization and that TVB has misled shareholders over the official name of the company that ultimately holds executive control. The minority shareholders have also criticized TVB for investments in Mainland Chinese firm SMI and State Reserve Energy Bonds, which have cost the company HK$1 billion ($128 million) of losses, and for its 2021 acquisition of e-commerce platform Ztore.

China Box Office: Jackie Chan’s ‘Ride On’ Trots to Second Weekend Success - variety.com - China - Japan
variety.com
17.04.2023 / 03:37

China Box Office: Jackie Chan’s ‘Ride On’ Trots to Second Weekend Success

Patrick Frater Asia Bureau Chief Jackie Chan-starring nostalgic stuntman comedy film “Ride On” trotted to a second weekend atop the mainland Chinese box office. “The Super Mario” Bros. Movie” remained in fourth place. “Ride On” earned $6.0 million (RMB41.5 million) between Friday and Sunday, a 48% week-on week drop, according to data from consultancy Artisan Gateway. That took it to a $22.6 million total since release on April 7. Below it, Japanese animation “Suzume” and Chinese shaggy dog story “Hachiko” swapped places. “Hachiko,” on its third weekend outing, earned $4.9 million, for a cumulative of $35.1 million. “Suzume” earned $4.5 million in its fourth weekend on release in China, giving it a $109 million cumulative.

Korea Box Office: ‘John Wick 4’ Shoots to Weekend Top Spot - variety.com - USA - South Korea - Japan - North Korea
variety.com
17.04.2023 / 02:43

Korea Box Office: ‘John Wick 4’ Shoots to Weekend Top Spot

Patrick Frater Asia Bureau Chief “John Wick: Chapter 4” easily outgunned Japanese animation film Suzume to claim top spot at the South Korean box office over the latest weekend. The American action title earned $4.05 million between Friday and Sunday, according to data from Kobis, the tracking service operated by the Korean Film Council (Kofic). That represented a nearly 50% market share, continuing a polarization or clustering around a single title that has become familiar of late in Korea, a market that formerly had greater diversity and width. Over the five days since its Wednesday opening, “John Wick 4” earned $5.87 million.

Sony Opens Virtual Production Studio in Shanghai, China - variety.com - China - Japan - county Patrick
variety.com
14.04.2023 / 10:35

Sony Opens Virtual Production Studio in Shanghai, China

Patrick Frater Asia Bureau Chief Japanese electronics giant, Sony has opened a virtual production studio in Shanghai, China, that it says can be used for shooting film, TV and commercials. The studio opened last month and is jointly operated with Gwantsi, one of China’s largest commercials production companies. Virtual production involves the use of high-resolution screens that create a backdrop in front of which actors perform. This can reduce the need for location travel, cut set-up times, shorten post-production and provide a more life-like environment for performers than traditional green-screen environments. VP studios are also well adapted to motion capture production.

Michelle Yeoh Brings Her Oscar Home to Malaysia, Visits Father’s Grave With It After Historic Win - variety.com - China - Japan - Malaysia - Hong Kong - city Hong Kong
variety.com
13.04.2023 / 14:03

Michelle Yeoh Brings Her Oscar Home to Malaysia, Visits Father’s Grave With It After Historic Win

Patrick Frater Asia Bureau Chief Michelle Yeoh, who made history by winning the best actress Oscar for her performance in “Everything Everywhere All at Once” last month, made an emotional return trip to her native Malaysia last week. She visited her mother in time for the traditional Qingming Festival, or Tomb Sweeping Day, and stopped by the grave of her father who died in 2014. In an Instagram post on Wednesday she said, “Brought Mr. O home. Without my parents’ love and trust and support, I wouldn’t be here today.”A post shared by Michelle Yeoh 楊紫瓊 (@michelleyeoh_official) Her trip home represented a promise that Yeoh made during her Oscars acceptance speech.

‘Lego Masters’ Format Heads to Japan in TBS Deal - variety.com - Australia - China - South Korea - Japan - Tokyo - Czech Republic - Slovakia
variety.com
13.04.2023 / 08:47

‘Lego Masters’ Format Heads to Japan in TBS Deal

Patrick Frater Asia Bureau Chief Competition reality TV format “Lego Masters” has been picked up by Tokyo Broadcasting System for adaptation in Japan. The deal is the 19th for the Banijay Rights-represented format and the third in Asia. Production is currently underway for the show, which will see pairs compete against each other to wow judges with inspiring designs and brick builds. “I am looking forward to working with Banijay Rights and not only learn about the production of the show, but also to closely examine the essence of creation behind it,” said Aso Kunihiro, producer, contents solution department at TBS in a prepared statement.

China’s Wanda Seeks Buyers for Australia’s Hoyts Cinema Chain - variety.com - Australia - China - county Morgan
variety.com
12.04.2023 / 15:25

China’s Wanda Seeks Buyers for Australia’s Hoyts Cinema Chain

Patrick Frater Asia Bureau Chief Wanda, the Chinese conglomerate that once threatened to take over Hollywood, has put up for sale the Hoyts cinema chain in Australia that it bought in 2015. Hoyts is Australia’s second largest movie theater operator with 46 multiplexes housing 412 screens, according to 2022 data from Screen Australia. It also owns Val Morgan, Australia’s biggest cinema advertising firm.Wanda Cinema Line, itself China’s biggest theater operator, has appointed Credit Suisse and Nomura to handle the sale. Bidders are understood to have access to a “stapled debt” package (a line of agreed financing arranged by the banks) if the potential buyer cannot arrange sufficient finance of their own. A first deadline for bids is set at the beginning of May, with final offers to be submitted by the end of June.

Mister Smith Boards New Zealand Horror Film ‘Grafted’ by Debut Director Sasha Rainbow (EXCLUSIVE) - variety.com - Australia - New Zealand - China - India
variety.com
11.04.2023 / 14:03

Mister Smith Boards New Zealand Horror Film ‘Grafted’ by Debut Director Sasha Rainbow (EXCLUSIVE)

Patrick Frater Asia Bureau Chief U.K.-based sales agent Mister Smith Entertainment has picked up international rights to “Grafted,” a New Zealand-set horror film which marks the feature directing debut of Sasha Rainbow. The film is now in production. Mister Smith will launch sales next month in Cannes. The film tells story of a Chinese student who travels to New Zealand to complete the scientific work of her deceased father only to find a new way of achieving popularity, one body at a time.

‘Stonewalling’ and ‘Totem’ Share Hong Kong Festival’s Firebird Awards - variety.com - China - Centre - Berlin - Hong Kong - Taiwan - city Hong Kong
variety.com
11.04.2023 / 03:47

‘Stonewalling’ and ‘Totem’ Share Hong Kong Festival’s Firebird Awards

Patrick Frater Asia Bureau Chief Huang Ji and Otsuka Ryuji’s “Stonewalling” won the Chinese-language section of the Hong Kong International Film Festival’s Firebird Young Cinema competition. Lila Aviles’s “Totem” won the equivalent Firebird Award for international films. The festival began on March 30 and concluded on Sunday evening with a world premier screening of “Vital Sign” at the Hong Kong Cultural Centre’s Grand Theatre. The screening was accompanied by cast and crew including Louis Koo, director Cheuk Wan-chi, producer Jacqueline Liu and performers Neo Yao, Angela Yuen, Ng Wing-sze, Tony Wu and So Yuet-yin. In total, “Stonewalling” picked up three awards. In addition to the best film prize, it also collected the best actress prize for leads Huang Xiaoxiong and Yao Honggui and the FIPRESCI Award. The tale of an unwanted pregnancy, the film premiered at Venice and Toronto last year. The HKIFF jury said it “[reminds] us of the confusion, difficulty and suffering women face nowadays and the inescapable responsibilities they have to shoulder.  It inspires the audience to reflect on this important issue in modern society.  It is an invaluable film replete with empathy.”

Korea Box Office: ‘Rebound’ Fails to Provide Bounce on Quietest Weekend of the Year - variety.com - South Korea - Japan - North Korea
variety.com
11.04.2023 / 02:15

Korea Box Office: ‘Rebound’ Fails to Provide Bounce on Quietest Weekend of the Year

Patrick Frater Asia Bureau Chief Japanese animation “Suzume” held on to top spot for a fifth consecutive weekend at the South Korean box office, as Korean-produced sports film “Rebound” proved to be misnamed. Arriving only in second place, “Rebound” failed to provide any bounce to the beleaguered cinema sector, leaving the weekend as the lowest scoring this year.

China Box Office: Jackie Chan’s ‘Ride On’ Leads Weekend, Ahead of ‘Super Mario Bros’ in Fourth Place - variety.com - China - Japan
variety.com
10.04.2023 / 04:47

China Box Office: Jackie Chan’s ‘Ride On’ Leads Weekend, Ahead of ‘Super Mario Bros’ in Fourth Place

Patrick Frater Asia Bureau Chief The Jackie Chan-starring stunt-man comedy drama “Ride On” pratfalled its way to first place at the mainland Chinese box office with a lowball $11.7 million opening. Still, that was enough to beat another new release, “The Super Mario Bros. Movie,” which ranked fourth over the latest weekend. Chan is an enduring, but fading, star in China and in the past his new release titles were often scheduled for the three biggest holiday seasons. “Ride On,” which sees Chan in an ode to the stunt players he has worked with, was released two days after the Ching Ming (Wednesday 5 April) holiday, when many folks honor their ancestors. Its opening three days were enough to depose “Suzume” from the top spot, where “Suzume” had ranked for the previous two weekends. “Suzume” earned $8.0 million over the latest weekend in China, according to data from consultancy firm Artisan Gateway. That gives it a $103 million cumulative after 17 days in mainland theaters, a China record for a Japanese animation film.

Lu Chuan’s Olympic Documentary Set to Open Beijing Film Festival - variety.com - China - Thailand - city Buenos Aires - city Shanghai - city Beijing
variety.com
05.04.2023 / 05:05

Lu Chuan’s Olympic Documentary Set to Open Beijing Film Festival

Patrick Frater Asia Bureau Chief “Beijing 2022,” the official documentary about the 2022 Winter Olympic Games, has been set as the opening film of the revived Beijing International Film Festival. It is directed by noted narrative and documentary film maker Lu Chuan (“Kekexili,” “City of Life and Death” and Disney’s “Born in China”) and will have its world premiere at the festival. The festival will run April 22-29 and be based in the Huairou district which has become an out of town hub for the film industry, as well as other venues in the Chinese capital. For the past three editions the BJIFF has been held online due to disruptions caused by China’s strict anti-COVID measures.

Shanghai Film Festival Sets Dates for Return to In-Person 25th Edition - variety.com - China - city Shanghai
variety.com
04.04.2023 / 05:49

Shanghai Film Festival Sets Dates for Return to In-Person 25th Edition

Patrick Frater Asia Bureau Chief The Shanghai International Film Festival has unveiled plans for its return to an in-person event that will mark its 25th edition and its 30th anniversary. The festival was canceled last year, due to the severe restrictions imposed on the city in reaction to a Spring flare-up in the COVID outbreak. The 2023 edition will run June 9-18, 2023, organizers confirmed on Tuesday. They said it would, “open a two-way journey between Chinese films and world films.” The Jinjue (Golden Goblet) Awards competition will this year operate across five categories: main feature film competition, Asian newcomers, documentaries, animation and short films.

Korea Box Office: ‘Suzume’ Reigns for Fourth Weekend as ‘Dungeons & Dragons’ Makes Second Place Start - variety.com - South Korea - Japan - North Korea
variety.com
03.04.2023 / 01:45

Korea Box Office: ‘Suzume’ Reigns for Fourth Weekend as ‘Dungeons & Dragons’ Makes Second Place Start

Patrick Frater Asia Bureau Chief “Dungeons & Dragons: Honor Among Thieves” landed into second place at a depressed South Korean box office with a market share barely a fifth that of chart leader “Suzume.” The Japanese animation film earned $4.46 million in its fourth week of release, according to data from Kobis, the tracking service operated by the Korean Film Council (KOFIC). While that was a 26% week-on-week drop, its hold on the chart remained at over 60%. Since releasing on March 8, it has grossed $29.9 million, making it the second highest film of the year in Korea – behind another Japanese animation “The First Slam Dunk” on $35.1 million. “D&D” was the weekend’s top-placed new release and earned $958,000 for a 13% market share. Over the full five days since its opening on Wednesday, it achieved $1.36 million.

Cardi B and Family Join Voice Cast of ‘Baby Shark’ Animated Movie - variety.com - China - USA - city Seoul
variety.com
31.03.2023 / 08:47

Cardi B and Family Join Voice Cast of ‘Baby Shark’ Animated Movie

Patrick Frater Asia Bureau Chief American rap musician Cardi B has joined the voice cast of upcoming animation film “Baby Shark’s Big Movie!” The film is the first feature-length spin-off from “Baby Shark’s Big Show!,” a pre-school series which began in 2021 on Nickelodeon-branded channels and platforms and is now in its second season. The show is co-produced by Nickelodeon Animation and Seoul, Korea-based The Pinkfong Company and directed by Alan Foreman (“The Casagrandes,” “Welcome to the Wayne”). Its narrative follows Baby Shark and his family as they move to Chomp City, the big city of sharks.

China’s ‘Bad Kids’ Series Set for Film Remake in Japan – Global Bulletin - variety.com - China - city Seoul - Japan
variety.com
29.03.2023 / 12:35

China’s ‘Bad Kids’ Series Set for Film Remake in Japan – Global Bulletin

Patrick Frater Asia Bureau Chief “The Bad Kids,” a hit series from Chinese streamer iQiyi, is to be remade as a Japanese feature film “Gold Boy.” The 12-episode gritty crime thriller depicts the troubles that arise after three children accidentally film a murder. The series was previously licensed to Japanese pay-TV group Wowow.

China’s Alibaba Unveils Corporate Restructuring - variety.com - New York - China - Hong Kong - city Hong Kong
variety.com
28.03.2023 / 12:57

China’s Alibaba Unveils Corporate Restructuring

Patrick Frater Asia Bureau Chief Alibaba, the Chinese e-commerce and media group, unveiled a top to bottom corporate restructuring that it says is intended to “unlock shareholder value and foster market competitiveness.”  The group, which has a current market capitalization of $228 billion, will split itself into six divisions of differing sizes. Each unit will have a CEO and a board of directors and can pursue independent fund-raising or even IPOs, when they are ready. At present Alibaba has its shares and ADR shares listed in Hong Kong and New York. Some parts of its media business also have their own Hong Kong share listing Alibaba Pictures. (And there is a healthcare business with yet another share quote.)

China Box Office: ‘Suzume’ Japanese Animation Debuts With $50 Million, Year’s Biggest Non-Holiday Opening - variety.com - China - South Korea - Japan - Berlin
variety.com
27.03.2023 / 05:45

China Box Office: ‘Suzume’ Japanese Animation Debuts With $50 Million, Year’s Biggest Non-Holiday Opening

Patrick Frater Asia Bureau Chief Japanese animation film “Suzume” made just shy of $50 million on its opening weekend in mainland Chinese theaters. Data from consultancy Artisan Gateway, shows “Suzume” grabbing the top spot at the box office with $49.6 million (RMB342 million) between Friday and Sunday. That is the biggest opening score by any film this year outside of the Chinese New Year holiday week in late January. The next best is “Ant-Man and the Wasp: Quantumania” which opened with $19.4 million in mid-February. Directed by Shinkai Makoto, “Suzume” was a hit in Japan where it was released late last year and has remained on screens for a $105 million total. It played in February at the Berlin Film Festival, where it came away largely empty-handed, but has subsequently performed strongly in the Asian territories where it has released. (In South Korea, where it is now the second highest grossing film released in 2023, its third weekend is its strongest to date.)

Korea Box Office: ‘Suzume’ Expands in Third Week as Japanese Animation Extends Strong Year - variety.com - South Korea - Japan - North Korea
variety.com
27.03.2023 / 02:25

Korea Box Office: ‘Suzume’ Expands in Third Week as Japanese Animation Extends Strong Year

Patrick Frater Asia Bureau Chief Hit Japanese animation “Suzume” improved its box office performance in its third week of release in South Korea and remained far ahead of all competing titles. “Suzume” earned $6.06 million over the weekend between Friday and Sunday, a 7% increase on its previous weekend, itself a strong hold that almost equalled its opening session. Data is sourced from Kobis, the tracking service operated by the Korean Film Council (Kofic). The film, which has been a huge hit in Japan and some other Asian territories, enjoyed a 66% share of the entire Korean cinema box office over the most recent weekend and expanded its cumulative haul to $23.9 million after 19 days on release.

Five Series Pitched at Series Mania as Taiwan Strengthens its Claim in Chinese-Language TV Production - variety.com - China - North Korea - Taiwan
variety.com
24.03.2023 / 15:21

Five Series Pitched at Series Mania as Taiwan Strengthens its Claim in Chinese-Language TV Production

Patrick Frater Asia Bureau Chief Taiwan has become a go-to destination for Chinese language series production over the past few years, as international streamers have taken the initiative and as the local content trend has become entrenched in Asia. While some of Taiwan’s advantage may have been handed to it as a result of regional political factors, the movement has led to greater interest in Taiwan stories, both historical and modern.Five Taiwan TV projects are being pitched at Series Mania, that are deemed to have international appeal according to Taiwan Creative Content Agency (TAICCA), a government-backed agency that has become noticeably proactive over roughly the same period.

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