Bruno Wu’s Seven Stars Film Studios has created an Allied Prods. East joint venture with financier-producer Jake Eberts — its second such move this month.
The venture’s launched development on “Mission Boys” with Erin Cressida Wilson (‘Secretary”) writing the story of 20 Chinese high school graduates arriving in the U.S. in the 1870s and being thrust into the highly competitive world of Harvard and Yale.
Seven Stars had announced on March 19 that it had partnered with director Justin Lin on Perfect Storm Entertainment to create a slate of films.
Wu is chairman of Seven Stars Global Entertainment, 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. Eberts and Wu will both act as principals in Allied Prods. East.
Eberts’ producing and exec producing credits include “Gandhi,” “Driving Miss Daisy,” “Dances with Wolves,” “A River Runs Through It” and “Chicken Run.”
“Asia is a region with vast potential for stories that will resonate around the globe, as well as being home to over 4 billion potential consumers of filmed entertainment,” Eberts said in a statement. “I welcome the opportunity to be a part of the growth and development of Seven Stars and to work with Bruno Wu and his team.”