Beijing Film Fest: Village Roadshow Pacts With Beijing Hairun for Five Films


Production will begin this year and continue into 2016.

Village Roadshow Pictures Asia has signed a deal with Beijing Hairun Pictures for the joint development, financing, production and distribution of movies and unveiled an initial slate of five feature films.

The pact was announced by Village Roadshow Pictures Asia's CEO Ellen Eliasoph and Liu Yanming, chairman of Hairun Media & Entertainment Group, during a signing ceremony at the Beijing Film Market.

The first project is Mountain Cry, which debuted at last year's Beijing festival pitching event. Shooting is completed, and the movie is currently in postproduction.

Eliasoph and Liu said they will start production this year and will continue into 2016 on four projects: IPO, a contemporary drama about China's financial markets; My Other Home, about ex-NBA player Stephon Marbury, who came to Beijing to play professional basketball; a Chinese remake of the Korean thriller Hide and Seek; and a remake of a recent Hollywood police thriller.

There were 36 deals signed at the Beijing Film Market worth $2.23 billion, up from 32 last year.