Singapore's Cre8 Inks Co-Production Partnerships in The Philippines
Cre8 Productions will make six films with Manila-based ABS-CBN Films, and another three film or TV projects with Filipino banner Ursa Entertainment.
Singapore-based production company Cre8 Productions is deepening its ties in the Philippines.
The company announced two multi-picture co-production pacts with its Southeast Asian neighbor during the kickoff of the Asian Television Forum and ScreenSingapore events on Wednesday.
Cre8 will co-finance and co-produce six features with ABS-CBN Films, the film studio arm of Manila-based media conglomerate ABS-CBN. The first title under the partnership is rising Filipino director Mikhail Red’s horror thriller Eerie, which held its world premiere at the Singapore International Film Festival on Monday. The remaining five titles on the slate include a a zombie film, a psychological thriller and The Priestess, the first film of the "Arya Alliance," a Southeast Asian superhero universe developed by Cre8.
“As audiences worldwide grow increasingly discerning and the demand for quality content rises, we are constantly challenged to produce content that can entice, excite and entertain audiences," said Chan Gin Kai, executive producer of Cre8, in a statement. "The Philippines has a wealth of strong creative talents, and ABS-CBN, a media giant with a very extensive network and vast experience, is able to help us tap on this very important resource."
Cre8's second Filipino partnership is a deal to co-produce a slate of three film and television projects with Manila's Ursa Entertainment.
The projects include crime thriller Pintados, which follows a team of basketball players from the Manila slums who use their away games as a front to commit burglaries. The partners will also co-produce Silang, a historical epic set in 18th century colonial times about revolutionary heroine Gabriela Silang.
The partners have international distribution ambitions for the titles in both movie theaters and online.
"In the past, Asian films relied only on their local markets to try to earn at the box office," said Jessel Monteverde, executive producer at Ursa. "But the industry has changed over the past decade. The rise of OTT platforms and other distribution channels has allowed regional films to cross borders.”