China’s Bona Film Group Valued At $1.5B In Shenzhen Trading Debut

Patrick Frater Asia Bureau Chief Art-house title “Return to Dust” was a surprise weekend winner, topping the mainland China box office in its ninth weekend of release. The astonishing feat occurred on an otherwise depressed weekend in which China’s cinema box office dipped to a three-month low. This reflected the summer season winding to an end and anti-COVID measures once again forcing major Chinese cities into retreat. Data from consultancy Artisan Gateway showed “Return” grossing $5.3 million (RMB36.2 million) between Friday and Sunday. Those three days accounted for nearly half of the $12.7 million (RMB87.4 million) cumulative total it has earned since release on July 8, 2022.

This was yet another soft weekend at the international box office with no major fresh titles and as summer fully closes out in Europe and beyond.

Professional dancer Karen Hauer looked sensational as she showed off her new hair in a photoshoot with one of Strictly Come Dancing's newest professional dancers.

Ed Meza @edmezavar Coming off a year of major international growth, Paris-based animation giant Cyber Group Studios is presenting a wide-ranging lineup of new and returning shows at this year’s Unifrance Rendez-Vous in the French seaside town of Biarritz. Among Cyber Group’s current high-profile titles is the new super-powered kid comedy series “50/50 Heroes,” which has sold to ITV in the U.K. and Discovery in Latin America. Commissioned by France Televisions and Disney, “50/50 Heroes” follows the high jinks of Mo and Sam, a half-brother and sister duo, aged 11 and 9, who share super powers. Cyber Group has been expanding its global operations over the past year with a number of major acquisitions, partnerships and joint ventures that have resulted in a number of new projects.

Strictly Come Dancing's four new professionals are set to be introduced to viewers in a cinematic routine filmed alongside the returning cast. European cup winner Vito Coppola, Chinese national champion Carlos Gu, former Under-21 British national champion Lauren Oakley and Latin dance champion Michelle Tsiakkas complete the show's largest-ever line-up of 20 pros this year.They join the returning Dianne Buswell, Nadiya Bychkova, Graziano Di Prima, Amy Dowden, Karen Hauer, Katya Jones, Neil Jones, Nikita Kuzmin, Cameron Lombard, Gorka Marquez, Luba Mushtuk, Giovanni Pernice, Jowita Przystal, Johannes Radebe, Kai Widdrington and Nancy Xu.The introductory routine will form part of the Strictly Come Dancing launch show airing on BBC One and iPlayer on 17 September.

Nick Vivarelli International Correspondent The Venice Film Festival’s market is kicking off with an attendance level close to its 2019 pre-pandemic days and strong interest in feature films and VR works being pitched at its gap-financing platform “We already have a total of more than 2,400 industry professionals registered to attend, which is close to pre-pandemic levels since in 2019 the number was 2,700 [at the end of the market],” says Pascal Diot, head of the Venice Production Bridge, as the informal mart is known. Of these, 1,700 are accredited with the VPB’s Golden Trade pass, while the remaining 1,000 are registered as part of film delegations.

Patrick Frater Asia Bureau Chief The delayed 46th edition of the Hong Kong International Film Festival wrapped Wednesday with the award of 13 prizes for its young filmmaker, documentary and shorts competitions. Hailed by the jury as “one of this year’s most distinguished films both creatively and artistically,” Qiu Jiongjiong’s “A New Old Play” was named best film for the Young Cinema Competition (Chinese Language). “A New Old Play” is a tale of a family of Sichuan Opera artists living through a tumultuous era. It also collected the FIPRESCI Prize, with the jury commending the film for “its masterful approach and inventive visual style.”  In the global category, Palestinian director Maha Haj’s “Mediterranean Fever” was chosen as the Firebird Award winner for being “an all-rounded gem that is at once a thriller, social comedy, and odd couple bromance.” 

Executives from China Film Group were recently treated to a screening of footage from Disney/20th Century Studios’ Avatar: The Way Of Water, receiving a surprise greeting from filmmaker James Cameron in the process. China Daily reported the news which Deadline has confirmed.

EXCLUSIVE: Participant’s Chloé Zhao-exec produced limited scripted series about Vincent Chin had found its writers and director.

Patrick Frater Asia Bureau Chief After more than a decade of losses, Chinese video streamer iQiyi Tuesday unveiled another improved quarter. But its problems are scarcely in the rear-mirror and it simultaneously announced that it will raise a further $500 million of capital. Revenues in the April to June 2022 period, the second quarter of iQiyi’s financial year, dropped by 13% to RMB 6.66 billion. Net losses for the quarter weighed in at RMB214 million. That was a massive reduction compared with the RMB1.40 deficit recorded in the equivalent quarter in 2021. But it also represented a return to loss after recording a maiden first quarter profit – RMB169 million – in the January to March period.

Patrick Frater Asia Bureau Chief “Coo-Coo 043,” a family drama set in the world of racing pigeons, has been set as the opening film of the 2022 Taipei Golden Horse Film Festival. The closing film is comedy “Marry My Dead Body.”  “Coo-Coo 043” is the second film directed by Chan Ching-lin (“The Island That All Flow By”) and stars Golden Bell Awards winners Yu An-shun and Yang Li-yin, along with Golden Harvest Awards best new performer Hu Jhih-ciang and emerging new talent Rimong Ihwar. Chan was previously nominated for Golden Horse Awards best short film for “A Breath From the Bottom,” and as best new director with his feature debut “The Island That All Flow By.” As a work in progress, “Coo-Coo 043” previously participated in the 2021 Golden Horse Film Project Promotion.

EXCLUSIVE: Koulest Productions’ Miles Koules (Ski Weekend) and Oren Koules (Saw franchise) have optioned Boom! Studios’ comic Plunder, from creator-author Jonathan “Swifty” Lang, for development as a feature.

Don’t Doubt Your Vibe‘ two years on from the track’s release.The Tesla and SpaceX CEO first revealed the song in January 2020, somewhat cementing the idea that music was another of his pursuits after releasing his debut single ‘RIP Harambe’ in 2019.Now, ‘Don’t Doubt Your Vibe’ comes with a music video that doubles up as an advert for  Tesla, featuring Musk’s progressive house cut beneath shots of the company’s latest car models, Y and 3.The video was produced by Tesla’s China team, which prepped the cars and taught them to program their own lighting to put on a light display in time with the music. A post shared by Tesla (@teslamotors) ‘Don’t Doubt Your Vibe’ was Musk’s first foray into production too, helmed at LA’s Emo G Records, and features vocals by the billionaire himself.The music video was captioned “vibes” with no further information about further music.When Musk released ‘Don’t Doubt Your Vibe’, he temporarily changed his Twitter name to E “D” M, taking to the social platform to promote the track and inform fans that he was responsible for both writing and performing the lyrics.He also shared some photos of himself in the studio.Vibbbe pic.twitter.com/21WKNOnMXZ— Elon Musk (@elonmusk) January 31, 2020Meanwhile, earlier this week (August 23) Musk’s former partner and mother to two of his children, Grimes, hit out at journalists whom she claims are “stalking” and attempting to “dox” her and her children in an attempt to “get at” Musk.Grimes, who was in a relationship with Musk from 2018 to 2022, took to Twitter on Tuesday to blast those whom she claims are attempting to reveal personal information about her and her family.“To the journalists who are stalking me and trying to doxx me and my kids… contacting all my

The pan-Canadian Selection Committee has chosen director Jason Loftus’ Eternal Spring as its entry for the Best International Feature Film Oscar.

Canada has made its selection for the Oscars.

Universal/Illumination’s Minions: The Rise Of Gru bowed in China today (Friday), grossing an estimated RMB 21.74M ($3.2M), including midnights. This was good for the biggest opening day of a Hollywood animated film during the pandemic.

Patrick Frater Asia Bureau ChiefShares of China’s Bona Film Group soared by 44% on Thursday, their first day of trading following an initial public offering on the Shenzhen stock market.The company had offered its shares for sale at RMB5.03 apiece. They quickly climbed to RMB7.24, before hitting the market’s ceiling on daily price movements. At this price, the company is valued at RMB9.96 billion or $1.47 billion.

EXCLUSIVE: Mammoth Pictures has acquired film and TV rights to the bestselling novella Diary of a Murderer from award-winning Korean author Young-ha Kim. The company’s Creative Director Kourosh Ahari (The Night, Parallel) is set to direct an English-language feature adaptation, marking the first production under the deal, from a script by Henry Chaisson (Searchlight’s Antlers, Apple TV+’s Servant).