Macau Casino Giant Sands China Links With Tencent Video and Maoyan for Entertainment Expansion – ATF Bulletin

Patrick Frater Asia Bureau Chief Liam Neeson-starring “Honest Thief” has secured a multi-platform streaming release in mainland China. It launches on SVOD platforms on Christmas Day (Dec.

Patrick Frater Asia Bureau Chief Just when players and investors had begun to believe that China was finished with major new regulations to the games industry, regulators have announced proposals for more curbs. The draft regulations, proposed by the National Press and Publication Administration appear to focus on in-game spending. The proposals revealed on Friday hit the shares of Chinese gaming giants Tencent and NetEase and dented those of other companies with operations n the Chinese market.

Patrick Frater Asia Bureau Chief Really, a company that creates augmented reality content for theatrical release movies has hired veteran media executive Peter Gaida as its chief commercial officer in Asia Pacific. The appointment is part of a wider expansion into Asia by the AR company. Founded by media entrepreneur James Andrew Felts in 2017, Really creates “highly functional, large-scale AR content” that it delivers weekly.

Patrick Frater Asia Bureau Chief It seems Hollywood’s “sequel-itis” has reached China’s box office too. Despite the country’s dramatic overnight removal of COVID restrictions in December 2022 and film imports quickly restarting with the triumphant debut of “Avatar: The Way of Water,” Hollywood’s new normal in the Middle Kingdom bears little resemblance to its pre-pandemic status. During the three-year disruption of 2020-22, caused by the pandemic and soured U.S.-China diplomatic relations, few Hollywood films — and no Marvel titles — made their way onto Chinese screens. But if Hollywood studios read the $240 million-grossing “Avatar 2” feeding frenzy as a sign that pent-up Chinese demand for their sequels and superheroes slate might continue throughout 2023, they were sorely disappointed. In the world’s second-largest box office territory, with a cume to date of $7.3 billion, the market share for all imported films in China has crashed, standing at less than 15% at the beginning of December. Hollywood films’ share is just 12%, consultancy Artisan Gateway calculates. This month, “Napoleon” and “Wonka” have continued the trend of dismal flops, with $5 million and $3 million opening weekends, respectively. The slump is particularly disappointing given that the Chinese authorities that carefully control the film industry have this year made several moves designed to put Hollywood releasing back on the rails.

Patrick Frater Asia Bureau Chief Chinese-made crime drama, “Endless Journey” opened on top of the mainland China box office on a weekend with three new releases in the top five. The Wanda Pictures and Alibaba title earned $20.5 million (RMB146 million) between Friday and Sunday, its official opening weekend, according to data from consultancy Artisan Gateway. Together with previews from the week earlier, it ended the weekend with a cumulative total of $34.5 million (RMB245 million).

Patrick Frater Asia Bureau Chief “Taylor Swift: The Eras Tour” movie has cleared multiple stages of approvals and will release in mainland Chinese theaters on Dec. 31. The announcement, foreshadowed by Variety earlier this month, was made at 1.13pm (or 13.13) on Friday in China, a reference to Swift’s birth date and lucky number.

Patrick Frater Asia Bureau Chief The first and second seasons of the hit thriller series “The Tourist,” starring Jamie Dornan and Danielle Macdonald, will shift to Netflix starting next February. The first season originally saw Warner Bros. Discovery’s Max as a co-producer and local streaming partner.

Patrick Frater Asia Bureau Chief Iconic, multi-Oscar-winning film “La La Land” is headed back to mainland Chinese cinemas in sessions that dance off on Dec. 22. The worldwide release is overseen by Lionsgate release, while the China re-release is to be piloted by local distributor JL Film.

Patrick Frater Asia Bureau Chief Two Hollywood films “Wonka” and “Migration” opened in Chinese cinemas over the latest weekend. But neither did enough business to appear among the box office top five. Instead, the weekend crown went to “The Invisible Guest,” a Chinese remake of the 2016 Spanish mystery thriller about a woman who must work with a police officer to clear her name after her lover is found dead in a locked room. It earned a modest $12.6 million (RMB89.6 million), according to data from consultancy Artisan Gateway.

Patrick Frater Asia Bureau Chief China’s Linmon Media celebrated its tenth anniversary this week by unveiling 16 new shows for its 2024 production and release slate. The roster included seven Chinese period drama series, five contemporary shows and two more being made in Thailand. “We are not just a producer, we are a studio,” Zhou Yuan, co-founder and EVP of Linmon, told Variety on the sidelines of the company’s predominantly English-language presentation at the Asia Television Forum & Market in Singapore.

Patrick Frater Asia Bureau Chief Wang Jianlin, the Chinese billionaire who previously sought to buy a controlling position in Hollywood, is preparing to complete his imminent exit from the film industry. The troubled conglomerate is facing debt repayment pressure.Wanda Film, which remains China’s largest cinema operator, Wednesday said in a regulatory filing to the Shenzhen Stock Exchange that Wang and his Wanda Investment vehicle expect to sell their remaining stake 51% in the company to China Ruyi Holdings. Ruyi, which operates across film, TV and online games, counts games, social media and streaming giant Tencent among its largest shareholders.

Patrick Frater Asia Bureau Chief Something Special, the Seoul-based international format agency founded by format specialists Jin Woo Hwang (president and executive producer) and Kim In Soon (EVP & head of content) announce that ITV Studios has optioned the hit Korean celebrity format “Battle in the Box” for France, Australia, New Zealand, and Israel. The deal was unveiled on Wednewday, the first full day of the Asia Television Forum and Market (ATF) in Singapore. “Battle in the Box,” created by Korea’s NMedia and represented globally by Something Special, has previously seen deals announced with Fremantle for Denmark, Norway, Sweden, Finland, the Netherlands, Belgium and Portugal.

Patrick Frater Asia Bureau Chief Universal Music Greater China has signed a strategic partnership with Mandarin-language music superstar Jay Chou and his record label JVR Music. The agreement secures global marketing and distribution rights for Chou’s extensive music catalogue and for future projects. It also supports rising talent from his label, including artists Patrick Brasca and Young (aka Cao Yang) through JVR. Nicknamed the ‘King of Mandopop’ Chou has a two decade career that spans 15 studio albums, eight world tours and 378 concerts in Asia, America, Europe, and Australia.

Patrick Frater Asia Bureau Chief China and Netherlands-based Fortissimo Films has picked up international sales rights to anticipated Chinese blockbuster movie “If You Are the One 3.” To be released on Dec. 30 in China, the picture is directed by Feng Xiaogang as the second sequel in his anti-romance comedy franchise, about a rich businessman and an air stewardess, which kicked off in 2008 and earned a follow-up in 2010.

Patrick Frater Asia Bureau Chief France-based multinational Studiocanal has launched Cultivator Films to facilitate local co-productions in Australia and will kick off with book-to-film adaptation “Kangaroo.” “Kangaroo” is scripted by Harry Cripps (“The Dry,” “Penguin Bloom”) and directed by Kate Woods (“The Lincoln Lawyer,” “The Umbrella Academy,” “The Good Lord Bird,” “Looking for Alibrandi”). Eastern Arrernte emerging director Samantha Laughton is set as a director’s attachment. Slated to start production in Alice Springs in the first half of 2024, “Kangaroo” is a Northern Territory-inspired story based on Chris Barnes, aka ‘Brolga,’ who is the founder of the Kangaroo Sanctuary in Alice Springs. Cultivator Films Australia is led by Studiocanal’s Australia and New Zealand CEO Elizabeth Trotman.

Patrick Frater Asia Bureau Chief Ridley Scott’s historical epic “Napoleon” was cruelly defeated at the mainland Chinese box office, where it opened in only fifth place on its opening weekend. Chinese crime thriller “Across the Furious Sea” headed the mainland China charts for a second weekend, earning $20.0 million (RMB142 million), according to data from consultancy Artisan Gateway. “Napoleon” earned just $2.8 million ($19.6 million) in China, according to the firm whose figures are generally considered as final, not estimates. The film earned generally mixed to positive reviews, but only a middling score of 6.6 out of 10 from users of the Douban movie fan site. But it appears that Chinese audiences found the travails of an ancient French emperor to be too much of a specialist topic.

Patrick Frater Asia Bureau Chief Negotiations are under way to secure a December or more likely an early January release for Taylor Swift’s “The Eras Tour” movie in mainland China cinemas. The film, which has grossed some $250 million worldwide since debuting on Oct. 13, is currently being reviewed by Chinese authorities.

Patrick Frater Asia Bureau Chief I.E. Entertainment, the global distribution outfit founded and run by industry veterans Indra and Erlina Suharjono, has come on board to handle worldwide sales for Cathay Film Company’s “Coolie.” The TV miniseries is inspired by the little-known history of enslaved Chinese ‘coolies’ in Cuba in the 1860s.

Patrick Frater Asia Bureau Chief Ridley Scott’s “Napoleon” could be facing a Waterloo in China, where early box office indications point to a disappointing opening shot. The Apple Original Films production had clocked RMB6.1 million ($860,000) by 7:45 p.m. local time in mainland China on Friday, according to estimates from ticketing and box office tracking firm Maoyan.

Patrick Frater Asia Bureau Chief Warner Bros. Discovery China is launching reality TV show “Glow Up China” in mainland China later this month. Delving into the universe and talents of Chinese make-up artists, the series will launch on leading streaming platform Tencent Video in December at a yet-to-be-specified date. The 6×60 minute show is a Warner Bros.