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The Hollywood Reporter‘s third American Film Market daily issue features a look at how China is doubling down on Hollywood, as well as news on Jason Statham’s next project and global sales of Live! starring Aaron Eckhart.
“We Want to Be in Control”
Beyond throwing money at co-productions and shelling out for seven-figure distribution deals focused on bringing Chinese films to the world or U.S. films to China, a pair of high-profile deals announced at AFM this week indicate a shift toward a global strategy. Bruno Wu, the Sino media mogul behind the Sun Seven Stars entertainment conglomerate, unveiled a $1.6 billion film and TV fund that will pool capital from private and institutional investors in China to back international film and TV productions; while Bona Film Group announced a? $235 million investment? in The Seelig Group that effectively allows Bona to invest in Fox’s live-action movie slate and to participate in the profits.
Live! Is All Over the Map
The Solution Entertainment Group has secured a couple of major European deals for Live!, the Aaron Eckhart-starring actioner being co-directed and shot in real time by second-unit action helmers/stunt coordinators Darrin Prescott and Wade Allen. Wild Bunch swooped in for Germany, while Key2Media Audiovisual took Spanish rights. Elsewhere, territories including South Korea, India, the Philippines, Taiwan, Turkey and South East Asia were secured for the film. The project will see Eckhart play a disgraced cop on the hunt for a kidnapped daughter who only has 80 minutes to live.
Jason Statham’s Next Stop
The prolific British action star has signed on to take the lead in a new project penned by Kurt Wenner, the screenwriter behind Total Recall and Point Break. The untitled project, a co-production between Statham and Steve Chasman’s SJ Pictures and Beijing-headquartered Road Pictures, is due to start shooting in China and Europe next fall. Statham will play a British expat living in Hong Kong who goes on the run with a Chinese agent to solve a major kidnapping.
Desktop users can view the entire Day 3 issue below.
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