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Hyde Park, Imagenation pact with China’s Angel Wings

Trio will finance and produce English-lingo pix

Ashok Amritraj’s Hyde Park Entertainment and Imagenation Abu Dhabi have joined forces with China-based media group Angel Wings Entertainment to co-finance the development and production of English-language pics.

Amritraj and Angel Wings prexy Ben Ji will jointly manage the venture while Yee Yeo Chang, who runs development for Hyde-Park Imagenation in Singapore, will be in charge of sourcing and developing material.

Projects will be announced later in the year.

“Over the last decade Hyde Park has created entertainment and cultural relationships between India, Asia and the West,” Amritraj said. “As the region from the Middle East to China experiences amazing growth, we look forward to continuing our expansion in the region through our AWE partnership.”

In 2009, Hyde Park and Imagenation, Abu Dhabi’s $1 billion production arm, partnered on a $250 million financing deal to develop, produce and distribute pics.

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They extended their partnership to create an alliance with Singapore’s Media Development Authority, under which Hyde Park-Imagenation Singapore was launched.

Angel Wings, based in Bejing, Shanghai, Hong Kong and L.A., has backed and produced pics including “Color Me Love” and “The Law of Attraction.”

Hyde Park-Imagenation Singapore has three pics in development under its Asian banner: Wee Li Lin’s comedy “Singapore Cowboy”; thriller “Treaty of Lies,” penned by Mark Powell; and sci-fi time travel pic “Escalation,” penned by Mark Mandemaker.

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