Seven Stars, Justin Lin form Perfect Storm

Joint venture to create film slate

Bruno Wu’s Seven Stars Film Studios and director Justin Lin have entered into a joint venture, Perfect Storm Entertainment, to create a slate of films.

Wu is chairman of Seven Stars Global Entertainment, the parent company of Seven Stars Film Studios, and CEO of Harvest Seven Stars Media Private Equity, which announced its launch earlier this year with $800 million to invest across content, mergers and acquisitions. In addition it plans to develop a marketing and distribution platform across all media.

Troy Craig Poon will serve as president of Perfect Storm and will supervise the company’s creative efforts with special attention to finding projects suitable as Chinese co-productions.

Perfect Storm aims to produce two to three movies a year, varying from tentpole blockbusters to pedigreed specialized fare.

Lin has directed the last three installments of the “Fast and Furious” franchise and worked on indies including”Better Luck Tomorrow” and “Finishing the Game.” Poon worked as an exec on “Napoleon Dynamite,” the first two “Jackass” movies and “Election.” He first worked with Lin on “Better Luck Tomorrow.”

“We are extremely pleased to be in business with Justin Lin,” Wu said. “He is one of the most successful filmmakers of his generation, and this collaboration illustrates our joint vision for investment in Asian filmed entertainment, which has international reach and synergy with our stakeholders.”

Perfect Storm plans to work closely with Barnstorm, Lin’s production company, which has a first-look deal based at Universal.

Seven Stars said it plans to announce two other collaborations with leading filmmakers over the coming weeks.

Filed Under:

Want to read more articles like this one? SUBSCRIBE TO VARIETY TODAY.
Post A Comment 0

Leave a Reply

No Comments

Comments are moderated. They may be edited for clarity and reprinting in whole or in part in Variety publications.

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

More Film News from Variety