Sanjay Leela Bhansali Launches Music Label With ‘Heeramandi’ Soundtrack – Global Bulletin

Busan Hires Deputy Director

Patrick Frater Asia Bureau Chief Veteran Chinese director Zhang Yimou will be presented with a lifetime achievement award at the upcoming edition of the Festival of Far East Film in Italy’s Udine (April 24 – May 2). The lineup will include three films by Zhang: his 2023 political thriller “Under the Light” in its competition section; as well as “To Live” and “Raise the Red Lantern” in its restored classics section. The festival’s total lineup includes 74 films in total – 47 in competition and 28 out of competition) from 11 countries.

HYBE, home to K-pop juggernauts BTS, have inked a new 10-year “global alliance” with Universal Music Group (UMG).HYBE – also home to other K-pop groups such as SEVENTEEN, NewJeans and more – announced an expanded agreement with UMG. The new deal will give UMG “exclusive distribution rights” to HYBE releases for the next 10 years, while HYBE’s roster of artists will have access to the former’s “global network”.The new agreement will also see UMG further working with HYBE’s fan platform Weverse, in order to “[bring] more of a direct connection between UMG artists and their fandom[s]”.

Patrick Frater Asia Bureau Chief Hybe, the Korean firm behind K-pop’s BTS, has struck an expanded 10-year deal with Universal Music Group (UMG), providing Hybe’s roster of artists and labels access to UMG’s leading global network. UMG will further collaborate with Hybe’s global superfan platform Weverse, bringing more of a direct connection between UMG artists and their fandom. Hybe and UMG will additionally collaborate on artist promotions and marketing activities in North America under the oversight of Scooter Braun – who, in his time as CEO of Hybe America, acquired QC Media Holdings and incorporated SB Projects as well as Big Machine Label Group into the existing roster. Hybe and UMG first teamed up in 2017 on BTS, through a distribution agreement in Japan. In 2021, the companies expanded their relationship with a global strategic agreement which saw collaborations across multiple projects and use of Weverse for fan communication.

Naman Ramachandran The first edition of India’s Cinevesture International Film Festival and market (Chandigarh, March 27-31) will feature a range of masterclasses and panels headlined by a range of luminaries including filmmakers Shekhar Kapur (“What’s Love Got to Do with It?”) and Karan Johar (“Rocky Aur Rani Kii Prem Kahaani”). The lineup also includes actors Jaideep Ahlawat (“Paatal Lok”), Roshan Mathew (“Paradise”), Suvinder Vicky (“Kohrra”), Rajshri Deshpande (“Trial by Fire”), Boman Irani (“Dunki”), Rasika Dugal (“Mirzapur”), Abhay Deol (“Trial by Fire”), actor-producers Richa Chadha and Ali Fazal (“Girls Will be Girls”), filmmakers Tahira Kashyap (“Sharmajee Ki Beti”), Sudhir Mishra (“Tanaav”), Ajitpal Singh (“Tabbar”), Anurag Singh (“Kesri”) and Saugata Mukherjee, head of content at streamer SonyLiv.

Naman Ramachandran Top Bollywood star Ajay Devgn‘s Indian visual effects studio NY VFXWaala has set a strategic partnership with Sweden’s Goodbye Kansas Studio. NY VFXWaala has secured a major stake in Goodbye Kansas, through an offshore subsidiary, while simultaneously launching a joint venture studio in India.

Patrick Frater Asia Bureau Chief Beverley McGarvey has been appointed president of Network 10, head of streaming and regional lead for Australia and New Zealand, with immediate effect by Paramount Global. She reports to Pam Kaufman, president & CEO of international markets, global consumer products and experiences at the group.

With a solid offshore hold, Denis Villeneuve’s Dune: Part Two is closing in on $500M globally. The overseas weekend brought in $51.2M across 73 markets, a 40% drop versus last session (-37% excluding China). The international box office cume through Sunday is $289.4M, and worldwide the running total is $494.7M. The latter figure means the film has already surpassed Villeneuve’s 2021 Dune worldwide.

Leo Barraclough International Features Editor International sales agency Lightdox has acquired documentary “Marching in the Dark” in advance of its world premiere at CPH:DOX. The feature debut from Kinshuk Surjan focuses on how the growing number of suicides among farmers in India is affecting the agricultural community. The trailer debuts exclusively on Variety below.

Leo Barraclough International Features Editor Fremantle has acquired global production rights to the Japanese format “Freeze.” The high-energy comedic game show, which has aired for two seasons in Japan, was developed and produced by FANY Studio and Yoshimoto Kogyo for Amazon Prime Video. It is FANY Studio’s first global deal since it was set up in May 2023.

Todd Spangler NY Digital Editor Paramount Global has sold its 13% ownership stake in TV and streaming company Viacom18 to Reliance Industries for $517 million. Reliance was already the majority owner of Viacom18. The pact comes two weeks after Disney and Reliance Industries announced a blockbuster $8.5 billion deal merging their massive Indian TV and streaming businesses.

Paramount Global has sold its 13% equity interest in Viacom18 Media to Indian conglomerate Reliance Industries for the equivalent $517 million.

Naman Ramachandran Revered Indian actor Waheeda Rehman, who was accorded the Dadasaheb Phalke award, India’s highest film honor, last year, has donated her personal memorabilia to the Film Heritage Foundation (FHF) for preservation. Rehman, the 86-year-old grande dame of Indian cinema, has worked with most of the legendary filmmakers of her country during her career and the roles she chose were in films that are considered classics in the annals of Indian cinema.

Naman Ramachandran Korean action drama “A Shop For Killers” has become the most viewed local original on Disney+ in the Asia Pacific region (Australia, New Zealand, Japan, Korea, Taiwan, Hong Kong, Singapore and Philippines) so far in 2024, the streamer has revealed. Set in contemporary Korea, the eight-part series follows college student Jeong Jian who dives for cover in her childhood home after a series of highly skilled assassins come after her.

Patrick Frater Asia Bureau Chief Cora Yim and Benjamin Lin, both established indie producers of Chinese-language content, have joined forces to launch S11 Partners. It is partially backed by Medialink Group, an IP, distribution and brand licensing mini-conglomerate that is listed on the Hong Kong Stock Exchange. The pair, who previously worked on TV series “Taiwan Crime Stories,” are launching their venture at FilMart in Hong Kong with a slate of three feature films in development.

Veteran producers Cora Yim and Benjamin Lin are launching a production company, S11 Partners, with an equity investment from Hong Kong-listed Medialink Group.

Naman Ramachandran Bollywood star Sonakshi Sinha is all praise for her director Sanjay Leela Bhansali, whose anticipated magnum opus series “Heeramandi: The Diamond Bazaar” is due on Netflix this year. Netflix describes the series as “an epic saga of love, power, revenge and freedom.” With a cast that also includes Manisha Koirala, Aditi Rao Hydari, Sharmin Segal, Richa Chadha, and Sanjeeda Sheikh, the series is set in the midst of multiple power struggles in Heeramandi, Lahore (now part of Pakistan) and more generally in undivided, pre-independence India, where anti-colonial freedom movements were emerging.

EXCLUSIVE: Actor-producer Esha Bargate is launching a production company that aims to challenge how Hollywood views and portrays Indian culture and society.

There's something to be said about an accessory that fashion editors are still talking about two years on after its launch. Uniqlo's viral £15 crossbody was dubbed the bag to end all bags on TikTok, thanks to Scandi street style influencers and the cost of living crisis nudging shoppers to look for more affordable wardrobe updates.

For love or money. The world’s richest and most powerful people are partying up a storm in Jamanagar, India as part of a 3-day, $120 million bash to celebrate the impending wedding of billionaire Anant Ambani and his bride-to-be Radhika Merchant. Ambani, 28, is youngest son of India’s richest man, Reliance Industries chairman Mukesh Ambani, who boasts a jaw-dropping net worth of $116.8 billion.