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'Cape No. 7' spreads its wings

Taiwan hit sells into Malaysia, expects China release

BANGKOK - "Cape No. 7," the film breaking Taiwan boxoffice records and hoping for a slot in the Oscars finals for Best Foreign Film has clinched a handful of regional distribution deals and releases, sales executives said Monday.
 
The film about youth and music by first-time director Te-sheng Wei is awaiting a release date from the China Film Group, whose purchase makes it the first commercial film from Taiwan set to screen in China since the two split in 1949.  A release date in China would be confirmed "soon," Rita Chuang in Taipei said.

In Hong Kong last week "Cape," starring the unknowns Van Fan and Chie Tanaka opened to at No. 1 with HKD 2 million.

The film also sold into Malaysia and Brunei, to Asia Multimedia Network FZ part of ASTRO All Asia Networks, for a Christmas Day release.  Two days later, the film will bow in Singapore with Festival Films.

Financial details of the sales were not disclosed.

The "Cape" flight began in early October when it earned $9.3 million at Taiwan's boxoffice, making it the island's top-grossing film of 2008, surpassing even "The Dark Knight" and "Indiana Jones and the Kingdom of the Crystal Skull," and the No. 2 boxoffice earner of all time after "Titanic."

Hong Kong-based Star Group bought cable TV rights for seven territories, including Taiwan, the U.S. and Canada.