China Box Office: ‘The Last Frenzy’ Keeps Theatrical Lead as Momentum Slows Further

Patrick Frater Asia Bureau Chief Parallax China, one of China’s leading independent film sales companies, has picked up rights to a pair of titles that debut this week at the Shanghai International Film Festival. It is handling world sales on “Qian Tang River,” directed by Wan Bo, and “Another Day of Hope,” by Liu Taifeng. Both are directorial debuts and both appear in the non-competitive Refreshing Chinese Cinema section.

Patrick Frater Asia Bureau Chief Along with a red-carpet opening ceremony, a press conference with the members of the main competition jury is a staple event of major film festivals and the 26th edition of the Shanghai International Film Festival kicked off in traditional form on Friday. Along with Vietnam-French director Tran Anh Hung, previously revealed as jury president, the other members of the decisive committee this year are: Australian director and screenwriter Rolf de Heer; German director Matthias Glasner; Hong Kong actor Tony Leung Ka Fai; Argentinian director Santiago Mitre; Chinese director Sonthar Gyal; and, the jury’s only woman, star actor Zhou Xun. A packed audience lobbed familiar questions about the criteria they jurors would employ to decide the Golden Goblet prize winners, and what informs those views.

Patrick Frater Asia Bureau Chief All Rights Entertainment, the Paris, Hong Kong and Los Angeles-based international film agency has picked up international sales duties on animated children and family feature “Out of the Nest.” The film had its world premiere this week at the Annecy International Animation Festival. In the Kingdom of Castilia, days from the coronation of the new Emperor and Empress, their seven royal fledglings are taken and it’s up to one hero to return them safely; a teenage delivery boy, Arthur the Goat. His dreams of becoming a world-class barber are put on hold when he becomes the unwitting guardian of the royal heirs.

Patrick Frater Asia Bureau Chief Reminiscent of the outsized Chinese box office success once enjoyed by a certain genre of Hollywood movie – think “Expendables 3,” Pacific Rim” and “Transformers: Age of Extinction” – some Japanese anime films are now earning more in China than they are in their native Japan. Last year, “Suzume” (pictured above) earned $117 million in China, coming in ahead of the film’s $104 million total in Japan.

Patrick Frater Asia Bureau Chief “Sky Castle,” one of the most iconic Korean TV drama series of recent years, is to be remade by TV Asahi in Japan. The move follows the signing of a cooperation agreement between Korean content powerhouse SLL (previously known as JTBC Studios) and TV Asahi just last month. The two companies say that the Japanese retread is already filming and will begin to air from July.

Patrick Frater Asia Bureau Chief “Furiosa: A Mad Max Saga” enjoyed one day at the top of the mainland China box office before being deposed by a crop of local new releases that opened in time for the Dragon Boat holiday. “Civil War” performed even more slowly. China’s Friday to Sunday weekend box office saw “Be My Friend” score $8.1 million (RMB57.7 million), albeit earned over just two days.

Patrick Frater Asia Bureau Chief “Bad Boys: Ride or Die,” a hit in multiple other markets worldwide, crashed on its first lap at the South Korean box office. It failed to make even $1 million in on its opening weekend. Instead, “Wonderland,” a sci-fi fantasy about Artificial Intelligence, took the top spot over the weekend.

Patrick Frater Asia Bureau Chief Netflix will next month upload its first Japanese same-sex dating reality TV series, “The Boyfriend.” The show takes nine men to a beach house in order to find love. For a month, they live together and take turns working shifts at a coffee truck, forging deep friendships and learning about themselves along the way. The show will also be hosted by an eclectic mix of personalities including Megumi, Horan Chiaki, Thelma Aoyama, drag queen Durian Lollobrigida and Yoshimi Tokui.

Patrick Frater Asia Bureau Chief Two foreign-made animation movies opened on top of the mainland China box office over the latest weekend. Japanese film, “Doraemon the Movie: Nobita’s Earth Symphony” landed in first place, ahead of “The Garfield Movie,” though the match-up was not like-for-like. According to data from consultancy Artisan Gateway, “Doraemon” earned $12.6 million (RMB89.5 million) over the three days from its Friday release.

Patrick Frater Asia Bureau Chief “Furiosa: A Mad Max Saga” maintained a narrow win at the South Korea weekend box office in its second week of release. The highest new release was local crime drama “The Plot.” Total weekend revenues in Korean cinemas were a modest $8.91 million. That figure keeps a post-COVID recovery on course, but progress is slow and incomplete.

Patrick Frater Asia Bureau Chief The Shanghai International Film Festival has unveiled a selection that is weighted heavily to world premieres and Chinese, local titles. That gives the festival showcase screenings for the newest works by established Chinese directors Gu Changwei (“Peacock, “Till Death Do Us Part”), Wei Shujun (“Only the River Flows,” “Striding Into the Wind”) and Guan Hu (“Old Fish”). Guan was rewarded in Cannes only last week for his Un Certain Regard-winning picture “Black Dog,” but will unveil his next effort “The Hedgehog in Shanghai’s main competition.

Patrick Frater Asia Bureau Chief Columbia Pictures’ action-comedy movie “Bad Boys: Ride or Die” is set to play in cinemas in mainland China from June 22, it was announced on Thursday. Starring Will Smith and Martin Lawrence, the film is the fourth in the nearly 30-year-old Bad Boys franchise. It sees the titular Miami cops investigate corruption in the police force after their late boss is accused of colluding with a foreign mafia.

Patrick Frater Asia Bureau Chief The final matches of the NBA season will be screened live at selected Imax cinemas in Hong Kong and Taiwan from June 6. The screenings are the first time that Imax China, the offshoot of Imax Corp., the Canadian giant screen cinema and equipment company, offers a live sports experience. It comes as a result of a first-time deal between Imax China and NBA China.

Patrick Frater Asia Bureau Chief “The Last Frenzy,” a comedy film about a dying man’s last hurrah, returned to the top spot in mainland Chinese cinemas in its third weekend of release. “Kingdom of the Planet of the Apes,” which a week earlier had been the biggest title, slipped to fourth place. In another China disappointment for Hollywood, “The Fall Guy” opened outside the Chinese top ten.

Patrick Frater Asia Bureau Chief First-time feature director Constance Tsang makes a splash in Cannes with “Blue Sun Palace,” the first U.S. film in Critics Week that is in the Mandarin Chinese language. Set in a massage parlor, staffed with Chinese immigrants, in Queens, New York, the melodramatic film tells of how the romantic relationship between a man and a woman is disrupted by a sudden disappearance. Tsang was careful to avoid stereotypes and to be true to the community that she grew up in and observing. But the feature effort was also a big step up from the short films she cut her teeth on. Underlining that point, she amassed a powerful cast of leading Chinese-speaking actors, including Lee Kang-sheng (“What Time Is It There” and a dozen Tsai Ming-liang films), Wu Ke-xi (“Nina Wu,” “The Road to Mandalay”) and rising Mainland China star Xu Haipeng.How did you jump from a succession of short films into your first feature? I would say that jumping into the feature is exactly what happened.

Patrick Frater Asia Bureau Chief Through the Lens Entertainment, the East-West film studio that made a splash at Cannes last year, is expanding into manga. It has launched Hoshi Studios, a manga development and publishing startup with outposts in Singapore and Japan. The outfit will create teams combining western film and TV talent with established Japanese manga artists to create books and other comic-book properties.

Patrick Frater Asia Bureau Chief Hit crime thriller “The Pig, The Snake and The Pigeon” received 13 nominations for the upcoming Taipei Film Festival’s Taipei Film Awards. These include nominations for best feature, best director, best screenplay, best actor, best supporting actress, and best supporting actor.

Patrick Frater Asia Bureau Chief Chinese video streamer iQiyi reported increased profits in the first quarter of the year, derived from lower revenue. The company, which is NASDAQ-listed but majority owned by Chinese tech giant Baidu, said that net income attributable to iQiyi grew to RMB655 million ($90.8 million), compared to RMB618 million in the same period in 2023. Revenues were RMB7.9 billion ($1.1 billion), a decrease of 5% year-on-year. “We have been generating positive operating cash flow for eight consecutive quarters, and our balance sheet continued to improve,” said Wang Jun, the company’s chief financial officer. Performance transparency, however, has recently been reduced.

Patrick Frater Asia Bureau Chief Female stunt performer Wiriya Caesar will step up into the lead performer role in upcoming Thai action film “The 24.” The film project is being launched this week in the Cannes Market by new international sales firm Boz Pictures. Wiriya (aka Porntip Wiriya, aka “Fan”) has previously been a stunt double for Mary-Elizabeth Winstead in “Kate” and Golshifteh Farahani in “Extraction,” and has other credits on “Thirteen Lives” and “Hidden Strike.” In “The 24” she will star as an assassin who wakes up with a time bomb strapped to her body. She has clear instructions to kill a hit list of 24 members of the Bangkok underground, with each successful hit buying her more time alive. Caesar is joined in the cast by Japan’s Sakaguchi Tak (“Re:Born,” “One Percenter,” “Versus”), Dan Chupong (“Ong Bak 1 &2,” “Born to Fight”), Sunny Pang (“The Night Comes for Us,” “Headshot” and Gareth Evans’ upcoming “Havoc”) and Simon Kook (“Ip Man 3,” “Mayhem”). The film, which will shoot in the fourth quarter of this year, is written and directed by Lee Thongkham (“The Maid,” “The Lake,” “Kitty the Killer”).

Patrick Frater Asia Bureau Chief Seoul-based film sales company, Finecut has notched pre-sales for its upcoming action-comedy “The Desperate Chase, which it is launching this week at the Cannes Film Festival‘s Cannes Market,. The film is an action comedy featuring a hot-blooded detective and a swindler who is also a master of disguise who team up to combat an evil mafia. Early rights buyers include Rights Cube for Japan, Apex Success Global for Taiwan and Mockingbird Pictures for Vietnam. Screening as a rough cut in the Cannes Market, the film is the second feature by Kim Jae-hoon, known for his debut with the body-switch action thriller “Devils,” which released in South Korea last year.