These days, Media Asia is a pillar of the Hong Kong film industry establishment. It can boast a production pipeline connected to a large talent pool, enviable connections in mainland China, a profile in Hollywood and even a stock market listing. But it was not always so.The company was founded 20 years ago when seven mid-ranking executives from Star Television, then News Corp.’s Hong Kong-based, pan-Asian TV unit, were fired en masse.Known collectively as the “Seven Samurai,” the execs took...
With multiple, related businesses ranging from property development and textiles to entertainment, Peter Lam is a colorful Hong Kong tycoon, beloved by local tabloid newspapers. With horse racing, fast cars and cigars (he owns a smoke shop) among his personal preferences, ownership of the Media Asia film production and distribution group is guaranteed to keep him in the headlines.
But Lam is also a potent force in the entertainment and leisure sectors. He was appointed by the Hong Kong government as chairman of its Tourism Board in 2013. And, while obituaries for the Hong Kong movie industry have been written many times, Lam has kept Media Asia going as a reliable source of quality, Chinese-language commercial films. It doesn’t hurt that within Lam’s Media Asia-Lai Sun-eSun-Lai Fung nexus there are significant talent management and music promotion businesses as well.
The group added a new anchor when e-Sun snapped up Hong Kong’s Intercontinental cinema chain from Japan’s Kadokawa in 2013. And Lai Sun is currently working with Lionsgate to build a “Hunger Games” immersive experience in Zhuhai, China, just across the border from global casino capital, Macau. Expect more headlines when that opens in 2018.