Haim Saban’s Saban Capital Group Wednesday announced the opening of its first office in Asia as the company works to expand its portfolio there.
Located in Hong Kong, the office is led by Sumeet Jaisinghani, who has re-located there from Saban’s Los Angeles office.
Saban Capital began investing in Asia in 2010 and has three core investments in the region: entertainment company Media Nusantara Citra; Celestial Tiger Entertainment, a joint venture with Astro and Lionsgate; and Taomee, the largest children’s online entertainment company in China.
Jaisinghani, who joined Saban Capital Group in 2008, has been involved with all of them.
“Asia is home to some of the world’s most innovative and creative entrepreneurs in media and communications. We are excited about expanding our investment franchise,” chairman-CEO Haim Saban said.
Chief operating officer Adam Chesnoff called Asia “a strategic priority.”
Popular on Variety
Last Time I Cried at the Movies
How Alfonso Cuaron Came to the Contemporary Black-and-White Look of 'Roma'
Rebel Wilson on 'Isn't It Romantic' Controversy: 'It Was Purely to Lift My Fellow Plus-Size Women Up'
'Lorena' Director: Howard Stern Owes Lorena Bobbitt a Public Apology
Daniel Radcliffe on Answering Prayers in 'Miracle Workers'
BTS Wants to Sing With Lady Gaga
How Miley Cyrus Set Up Her Duet With Shawn Mendes
Smokey Robinson Defends J. Lo’s Motown Grammy Tribute
Brandi Carlile on LGBTQ Representation: 'It's Important to Be Out in Your Music'
Rams vs. Patriots: Who Should Win Super Bowl LIII?
Joe Simon has been tapped as chief technology officer at Vice Media. The newly created role will include oversight of data analytics, engineering, information technology, media operations, media technology, post production, and systems management. Prior to Vice, Simon spent three years as Encompass Digital Media’s chief operating officer. Previously he held the chief technology officer [...]
Michael B. Jordan is in talks to star in Sony’s “Journal for Jordan,” a drama that will be directed by Denzel Washington. The movie, penned by “Mudbound” screenwriter Virgin Williams, is based on the true story of Pulitzer Prize winning journalist Dana Canedy’s love affair with First Sergeant Charles Monroe King. King kept a journal [...]
MGM is developing the superhero drama “Samaritan” with Sylvester Stallone attached to star and produce through his Balboa Productions. The studio has acquired Bragi F. Schut’s script, which centers on a boy learning that a missing superhero, who vanished 20 years earlier after a battle, may still be alive. MGM will develop “Samaritan” with Stallone [...]
Despite the Academy’s efforts to secure Kendrick Lamar and SZA for a performance of the Oscar-nominated song “All the Stars” from “Black Panther” on the upcoming Oscars telecast, the duo will not be a part of the show, Variety has learned. The reason, according to a source close to the situation, is logistics and timing. [...]
From a shopping session with a celebrity stylist to a covert airport pickup, these hotels and spas are offering even more curated packages for the ultimate VIP Oscar experience. For the Jetsetter Four Seasons Hotel Los Angeles at Beverly Hills’ Doheny Suite Experience package allows travelers to evade the paparazzi with an underground or curbside [...]
A new trailer for “Rocketman,” the Elton John “fantasy musical” in theaters May 31, was released today. As the singer, actor Taron Egerton (“Eddie the Eagle”) performs “Tiny Dancer” and is seen honing his talent at home, rising to fame and grappling with the pitfalls that superstardom can bring. The film also stars Jamie Bell (as John’s [...]
STXfilms has picked up U.S. rights to Matthew McConaughey’s British crime drama “Bush,” with Guy Ritchie directing and producing, for $7 million. The project, formerly known as “Toff Guys,” also stars Hugh Grant, Colin Farrell, Charlie Hunnam, Henry Golding, and Michelle Dockery. The deal was in the works in Berlin and has just been completed. [...]