Korean Remake of Taiwan’s ‘Hear Me’ Hit Romance Sells Strongly in Asia (EXCLUSIVE)

Patrick Frater Asia Bureau Chief Warner Bros. is to handle the Southeast Asia theatrical release of Philippines-produced drama film “Under Parallel Skies.” The picture will have its world premiere this weekend as part of the Asian Film Awards in Hong Kong. Directed by Sigrid Bernardo, “Under Parallel Skies” follows the story of a Thai bachelor, portrayed by major local star Win Metawin, who travels to Hong Kong in search of his missing mother.

Patrick Frater Asia Bureau Chief Veteran mainland Chinese director Zhang Yimou is to be honored twice over at the Asian Film Awards ceremony on Sunday. He will be presented with a lifetime achievement award and a separate prize for directing the highest-grossing Asian film of 2023.

Patrick Frater Asia Bureau Chief EST N8, the film and TV sales venture formed by U.S.-based EST and Thailand’s N8 company, has hired Chatsuree ‘Chat’ Sripamorn for an Asian sales roles. Reporting to Tenten Wei, she will represent the company at next week’s FilMart. Sripamorn has previously worked at three of the top Thai entertainment companies Mono Next, GMM Studios and Rose Studio over a span of ten years.

Patrick Frater Asia Bureau Chief Taiwanese-produced crime action film “The Pig, the Snake and the Pigeon” opened on top of the mainland China box office over the weekend, ahead of a quartet of holdover titles from Lunar New Year. Sony’s ‘Madame Web’ and a rereleased “Dune” also opened, but they failed to penetrate the top five. “The Pig, the Snake and the Pigeon” earned $16.2 million (RMB115 million), according to data from consultancy firm Artisan Gateway.

Patrick Frater Asia Bureau Chief Janet Yang, the Los Angeles-based producer and president of the Academy of Motion Pictures Arts and Sciences, has been appointed as an independent non-executive director to the board of Imax China, a subsidiary of premium large format cinema company Imax that has its own share listing on the Hong Kong Stock Exchange. The company, Wednesday, reported a return to net profits of $27.5 million for the 2023 calendar year. That compared with net profit of $10.8 million in 2022.

Patrick Frater Asia Bureau Chief Japan will next month open the first round of film and TV production funding under its previously-teased location incentive scheme. The scheme offers reimbursement of up to 50% of qualifying expenditure in Japan, with an upper limit of JPY1 billion ($6.66 million) on each disbursement. Targeting larger-scale productions, the scheme is open to: film, TV or streaming projects that have minimum direct production spending in Japan of $3.3 million; or have budgets greater than $6.66 million and spend a fifth of that (JPY200 million or $1.33 million) in Japan; or, in the case of other projects distributed in ten or more countries, have Japanese production spend higher than $1.33 million.

Patrick Frater Asia Bureau Chief The Berlin Film Festival said Monday that it has filed criminal charges following the hacking of its Panorama section’s Instagram social media site, which was used to post anti-Semitic messages. After a politically charged edition, festival organizers also attempted to distance the Berlinale management from the stances taken by some of the awards winners at Saturday’s closing ceremony. The organizers said that on Sunday, the day after the festival concluded, “The Instagram channel of the Berlinale Panorama section was briefly hacked and anti-Semitic image-text posts about the Middle East war with the Berlinale logo were posted on the channel.

Patrick Frater Asia Bureau Chief France’s Canal+ Group said that it has increased its stake in multi-territory Asian streaming platform Viu to 30%. “This additional investment underlines the confidence that Canal+ has in Viu and its teams. It also highlights the determination of Canal+ to make Asia its next growth vector, through its strategic partnership with PCCW, and through an acceleration of growth at Viu, a premium streaming service present in Asia, the Middle East and South Asfrica,” the French group said in a statement.

Patrick Frater Asia Bureau Chief Hybe, the Korean entertainment group behind BTS, saw revenues and profits both grow by more than a fifth in 2023 as album sales doubled and post-COVID conditions allowed more concerts. The company Monday reported annual revenues of KRW2.17 trillion ($1.63 billion), up 23% compared with 2022. Net profits reached KRW187 million, more that three times 2022’s depressed result and exceeding 2021’s figure.

Patrick Frater Asia Bureau Chief In Berlin with “The Roundup: Punishment,” part four of the action movie series that he created and stars in, the larger-than-life Korean American Don Lee finds himself simultaneously in multiple timely and lucrative businesses. These include the Marvel superhero business, the Korea-to-Hollywood remake business, “The Roundup” franchise and its multiple spinoff possibilities. Lee may even be in the business of saving Korean cinema, which is currently having one of its periodic wobbles.

Patrick Frater Asia Bureau Chief North American digital distributor Echelon Studios has come on board “12.12: The Day,” the highest grossing film from Korea last year. The film has been on theatrical release in North America, through 815 Pictures since last year and grossed over $1 million.

Patrick Frater Asia Bureau Chief Two Taiwan-based production companies with features in this week’s Berlin Film Festival have joined forces to launch new venture, Long Hu Bao × An Attitude. Taiwan’s Yi Tiao Long Hu Bao International Entertainment, is one of eight co-producers on main competition film “Shambhala,” from Nepal’s Min Bahadur Bham.

Patrick Frater Asia Bureau Chief The route from idol group member to TV and film acting is a well-trodden one for multiple Japanese performers as they mature and attempt to broaden and extend their career. Few, however, can have received the plaudits of SixTONES member Matsumura Hokuto, who flies in to the Berlin Film Festival for the international premiere of two handed drama feature “All the Long Nights.” Derived from a novel by Seo Maiko and directed by Miyake Sho, the narrative features a woman (portrayed by Kamishiraishi Mone) whose pre-menstrual tension is so intense that it changes her character and disrupts her career. She is befriended by a younger, somewhat solitary man who, in turn, suffers from panic attacks.

Patrick Frater Asia Bureau Chief Streaming platform Disney+ will add four new Korean-language original series to its 2024 lineup. Its “Blood Free,” “Unmasked,” “The Tyrant” and “Gangnam B-Side” land in addition to a third season of “The Zone: Survival Mission” and the previously announced “Uncle Samsik” and “Light Shop” from webtoon pioneer and creator of the platform’s 2023 series hit “Moving.” “Blood Free,” which is to star Ju Jihoon (“Kingdom”) and Han Hyojoo (“Moving”), follows a former bodyguard haunted by the failures of his past. He finds himself recruited to protect the CEO of a controversial lab-grown meat company who is also a survivor of the fateful attack that changed his life. Set in modern-day Seoul, “Unmasked” follows a group of investigative journalists who are fighting for their careers after broadcasting a controversial story.

Patrick Frater Asia Bureau Chief Korean entertainment conglomerate CJ ENM has appointed Jung Jhong-hwan, as president of content, global business. He is expected to spearhead growth of global content production and distribution and continue the group’s multi-studio approach to business.

Patrick Frater Asia Bureau Chief The Hong Kong-Europe-Asian Film Collaboration Funding Scheme being launched this week in Berlin is intended as a major component of an exercise in rehabilitating and internationalizing the Hong Kong film industry. In unprecedented fashion, the territory’s Film Development Council is getting ready to start giving cash grants to movie projects that don’t necessarily have to shoot in the city or even use one of its three official languages.

Patrick Frater Asia Bureau Chief On Saturday, audiences in Berlin will see the world premiere of “Above the Dust,” a Chinese-made drama that plays somewhat incongruously in the Generation Kplus section, which screens films for or about children. Whether the film plays again, and where, is moot.

Patrick Frater Asia Bureau Chief Taiwan-based auteur Tsai Ming-liang, who has two films in the Berlinale this year, is a contrarian who would be almost at home working with art-galleries and museums as cinemas and film festivals. Indeed, his new “Abiding Nowhere” is part financed by the Smithsonian Institute. “Abiding Nowhere,” which premieres on Monday in the Encounters section and consists of lonely wanderings through Washington DC by a barefoot monk, is, by Tsai’s own admission, “not a normal film.” “It does not have a story or a plot.

Patrick Frater Asia Bureau Chief In January, when Netflix unveiled its slate of Chinese-language original productions for 2024, all of them turned out to be Taiwanese. Not Chinese. And not from Hong Kong, a territory that once produced over 300 movies a year in multiple Chinese dialects.

Patrick Frater Asia Bureau Chief Culturally pluralistic and gender-diverse Taiwan is the backdrop for “The Chronicles of Libidoists,” a new film by Gilles Yang, a director whose three previous films have also explored the erotic. The story is inspired by “The Little Mermaid,” the traditional fairy tale in which a mermaid princess falls in love with a human prince. But in Yang’s hands there is a twist in that the mermaid turns out to be a boy.