CJ ENM Hong Kong Seeks Content Fund Agreement With Trio of Taiwan Partners

Patrick Frater Asia Bureau Chief Mirror, the Hong Kong boy band that shot to fame in 2018 but had its live career cut short by a tragic on-stage incident, will return to in-person live performances in January. The 12-piece band will play 16 shows at the Asia World Expo auditorium, one of Hong Kong’s largest venues, as part of their ‘Mirror Feel the Passion Concert Tour 2024.’ They will perform Jan. 15-17, 19-22, 24-27, 29-31, and Feb.

Patrick Frater Asia Bureau Chief Marco Mueller, the veteran film festival curator and director, is set to launch a new festival and market in Macau. It will have its first edition in January. The Asia-Europe Young Cinema Festival, running Jan.

Patrick Frater Asia Bureau Chief Producer and screenwriter, Darren Dale has been named as the new board chair of the Sydney Film Festival, following the retirement of Dianne Weir. He is a leading advocate for Aboriginal and Torres Strait Islander content and has been director of Blackfella Films since 2000.

Patrick Frater Asia Bureau Chief “Chewing Gum” was named winner of the NT$1 million Grand Prize, the top award at the 2023 Golden Horse Film Project Promotion production event. Other prizes were awarded for works in progress and for TV series. The winners were announced at a ceremony on Wednesday at the New Horizon Event Space in Taipei, Taiwan.

Patrick Frater Asia Bureau Chief Cannes’ Directors Fortnight section has joined forces with The Philippines for the latest edition of its Directors Factory professional training program. Operating since 2013, when it kicked off in Taiwan, the Directors’ Factory works with a new partner country each year to mentor eight budding filmmakers who are preparing ambitious first or second feature projects that they will make in pairs. The four resulting co-written and co-directed short films will be screened as part of the Directors’ Fortnight (aka Quinzaine des Cineastes) in May. Four pairs were selected in Manila in October: Eve Baswel (Philippines) and Gogularaajan Rajendran (Malaysia); Maria Estela Paiso (Philippines) and Ashok Vish (India); Arvin Belarmino (Philippines) and Lomorpich Rithy (aka YoKi) (Cambodia); Don Josephus Raphael Eblahan (Philippines) and Tan Siyou (Singapore). They have now begun writing their screenplays and are expected to shoot their films March in Dapitan, a city in The Philippines’ Zamboanga Peninsula, known for its many shrines and as the place of exile of Philippines’ national hero, Jose Rizal. These days it is a hub for domestic and international tourism. Post-production of the four titles will then be hosted in Quezon City, which seeks to become the new film capital of the Philippines and where many of the country’s post-production houses are already based. The program is operated and co-produced by Epicmedia Productions of The Philippines and Dominique Welinski, founder and curator of DW (France).

Patrick Frater Asia Bureau Chief EST Media, the Asian-focused film and video group, hatched by Jaeson Ma and former Vice Media executive Eric Tu, is now diversifying into publishing. It is launching EST Articles under its Eastern Standard Times journalism banner. The digital-only publication is “dedicated to exploring the voices and stories of the Asian and Asian diaspora communities through written medium to long-form, in-depth articles,” EST Media said.

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.

Patrick Frater Asia Bureau Chief Blackpink, the multinational female music act that is the biggest girl group in the Korean pop (K-pop) firmament, may finally be close to renewing its collective contract with YG Entertainment. The news was widely reported in Korea on Monday and comes after months of speculation that the four-piece act – Jisoo (real name Kim Ji-soo), Lisa (Lalisa Manobal), Jennie (Kim Jennie) and Rose (Roseanne Park) – would take their acts to another shop. Blackpink’s previous contracts with YG expired in August. The Munhwa Ilbo (or Culture Daily) publication Monday claimed an exclusive with the information that Blackpink will re-up with YG, but the four individuals will not renew their exclusive contracts with the agency.

Patrick Frater Asia Bureau Chief Leading Korean content firms including CJ ENM and Webtoon are joining forces with Asian-focused streamer Rakuten Viki as it launches a “worldwide celebration of Korean drama” at the end of the month. The International K-Drama Day event on Nov.

Patrick Frater Asia Bureau Chief Two independent management companies in the Asian music scene, MoFo Music and IAMAD, have merged to create a new music production and artist management group, MAD MoFo. The new entity will be led by Hong Kong-based Kelvin Avon and Sydney, Australia-based Philippe-Marc Anquetil. Both are both multi-award winning and multi-platinum selling international producers, songwriters and managers. At the same time, MAD MoFo has announced the launch of a Series A fundraising.

Patrick Frater Asia Bureau Chief “The Marvels” narrowly missed the top spot at the mainland China box office on its opening weekend. And its debut was far short of its blockbuster predecessor. Data from consultancy firm Artisan Gateway shows “The Marvels” earning RMB82.7 million or $11.5 million between Friday and Sunday in Chinese cinemas. Of that some $2 million or 17%, was earned in Imax theaters. The film’s debut weekend haul was a fraction below the RMB84.2 million ($11.7 million) earned by Chinese film “Last Suspect” in its second weekend of release.

Patrick Frater Asia Bureau Chief The fourth running of the Taiwan Creative Content Fest (aka TCCF) wrapped on Friday with the award of some 30 prizes to film and TV projects in five sections. The prizes followed three and a half days of one-on-one meetings and pitching within the context of the TAICCA-backed project, innovation and rights sales market.

Patrick Frater Asia Bureau Chief Taiwanese production companies DaMou Entertainment and KOKO Entertainment unveiled a starry local cast for “Fired Up,” their Taiwan remake of hit Korean series “Itaewon Class.” At an event held within the Taiwan Creative Content Fest (TCCF) on Thursday, the two companies also confirmed plans for a second season of “The World Between Us,” a 2019 drama series that premiered on Taiwan’s Public Television Service and regional streamer Catchplay. “Fired Up” will star Mandarin-language pop star Eric Chou, Golden Horse Film Award nominee Angela Yuen, Shao Yu-wei, Huang Guan-zhi, Cosmos Lin, Ben Wu and Sean Lin in leading roles. The show is co-directed by kao Pin-chuan and Tseng Ying-ting, working from a script headed by Chien Li-ying (“Wave Makers”). “Itaewon Class” is a story about an ex-convict who sets up his own business after release from jail.

Patrick Frater Asia Bureau Chief France and Taiwan on Thursday signed a wide-ranging agreement to enable their film and TV industries co-operate on a higher level. At a signing ceremony in Taipei at the Taiwan Creative Culture Fest (TCCF) convention, government representatives of both territories stressed shared values at the political level and in the audiovisual sphere.

Patrick Frater Asia Bureau Chief Adele Lim, the screenwriter behind “Crazy Rich Asians” and Disney’s “Raya and the Last Dragon” animation, says that the opportunities for Asian filmmakers are growing as Hollywood is becoming more receptive to international talent. “[In Hollywood] I felt that I was disadvantaged, coming from Malaysia. It is not the cultural nexus,” said Lim, whose infancy was in Malaysia, before her family moved to the U.S.

Patrick Frater Asia Bureau Chief Chen Shaojie, the founder and CEO of leading gaming live-streaming platform DouYu, has disappeared and has been incommunicado for some three weeks, according to multiple Chinese media sources. The local reports, subsequently carried by the Financial Times and the Alibaba-owned South China Morning Post based in Hong Kong, allege that Chen’s disappearance is related to discovery by authorities of pornography and gambling content on the platform. Both are illegal in mainland China.

Patrick Frater Asia Bureau Chief Japanese entertainment conglomerate Kadokawa is seeking to double its international revenues through a strategy of diversification and localization. Taiwan is expected to be a key plank in the outreach, executives at the Taiwan Creative Content Fest (TCCF) heard on Tuesday. “Currently 20% of Kadokawa’s revenues come from outside Japan. I want to get this figure to 40%,” said Natsuno Takeshi, CEO Kadokawa Corp. Kadokawa has its roots in publishing of comics and other fiction and also has deeply-established roots in film production and distribution.

Patrick Frater Asia Bureau Chief A trio of ministers, accompanied by a fleet of senior industry names, were on hand Tuesday in Taipei to give their official blessing to the opening of the fourth running of the Taiwan Creative Content Fest (TCCF) – and to underline the Taiwan government’s investment in soft power. Cheng Wen-tsan, VP of the [government executive branch] Executive Yuan, Taiwan’s Minister of Culture, Shih Che, and a minister without portfolio were accompanied by Chunghwa Telecom’s chairman, Kuo Shui-Yi, head of TAICCA Homme Tsai and Dominique Boutonnat, president of France’s National Center of Cinematography and the Moving Image, on stage at the Songshan Cultural and Creative Park, a former-tobacco factory site that has since been redeveloped. “Nowadays we are investing not only in semiconductors and heavy industry, but also in media and content,” said Cheng. He confirmed that some NT$10 billion ($310 million) of government funding has been approved for the “1 Plus 4T Content Plan” and will be released over four years. In a classic example of public-private partnerships, state cash is being supplemented by further financial commitments from Taiwan’s three major cable-telecoms-internet groups through deals signed last week with Taiwan Creative Content Agency (TAICCA).

Patrick Frater Asia Bureau Chief Screenworks Asia, the production subsidiary of Taiwan-based streaming platform Catchplay, has set two series to release early next year. “Not A Murder Story” follows a wannabe actor who finally gets a chance of success. And when he wakes up with a dead woman besides him, he is determined not to let it stand in his way.

Patrick Frater Asia Bureau Chief TAICCABOSSAs Taiwan seeks for creative, industrial and political reasons to make a bigger mark for itself on the international stage, its Taiwan Creative Content Fest is diversifying, expanding and making greater efforts at cross-border outreach. Homme Tsai, chair of industry support body TAICCA spoke outline the event’s strategy and novelties in a conversation with Variety. What are the objectives of the Taiwan Creative Content Fest? The TCCF is an international event for content licensing and project investment.