Six Asian film cos form Alliance
Previous partners joined by Taiwan's Zoom HuntSHANGHAI -- A cluster of Asian film companies have created Asian Alliance, a pan-regional virtual studio.
Companies making the announcement Wednesday include: Hong Kong facilities group Salon Films; Singapore producer and distributor MediaCorp Raintree; Japanese talent management organization Yoshimoto Kogyo; and from China, Enlight Pictures and the giant Hengdian World Studios. Many of the companies have previously worked together, but were this time they were joined by Taiwan's Zoom Hunt International.
Each of the parties can bring their projects to the partnership for production and distribution support with the others pitching in elements according to their strengths. These are typically expected to be Chinese distribution from Enlight, music from Yoshimoto and finance from Raintree and facilities and locations from Salon and Hengdian.
"Each of the partners can nominate a project that others are given first opportunity to co-produce, though participation is not mandatory," said Salon chief Fred Wang.
The partners will also be able to make use of a film fund set up last year by Salon with the Singapore government.
Among the first pictures put to the partnership is Enlight's sequel to Donnie Yen-starring martial arts actioner "Dragon Tiger Gate." Hong Kong director Gordon Chan ("Painted Skin"), who recently joined the board of Enlight, will produce. Dante Lam is in talks to direct.
Other projects being pitched by members to the Alliance include Zoom Hunt's sequel to Ang Lee's "Eat Drink Man Woman"; National Arts Film Production's "Young Ip Man"; and the previously announced kids picture "The Last Dragon." The Sam Neill-starring film is nominated by Salon on behalf of Adelaide Motion Picture Company and has already sees Hengdian coming on board as studio provider.
"Each company is making their films already, but by acting together instead of alone we are stronger and adopt a more structured approach. We believe this will also be attractive to U.S. and European companies looking to make films in Asia," said Wang.