×
You will be redirected back to your article in seconds

Fox Joins Tencent in Chinese Web Movie Production Slate

Youth Tencent, part of China’s giant Tencent games and social media group, has amassed an impressive group of producers and investors for the first edition of its online movie production initiative.

Twentieth Century Fox offshoot, Fox International Productions along with Sina Entertainment and iQIYI are among the partners on the 10-film Flying Wings (aka Bi Yi) slate. Other partner companies include Xinpianchang which is facilitating production; Bole Pictures and Good Fellow Pictures, providing marketing and promotion support.

Properties are drawn from anime titles on Tencent’s Comic and Animation platform and are made on relatively low budgets by film makers with an average age of 30. Chinese director Zhao Tianyu, Japanese producer Takashige Ichise, and director Yao Tingting serve as executive producers.

With titles including “Twin Detectives,” “The Innocent City,” “Soul Hunter,” “The Maid Killer,” “Not Married,” “Horror of Flowers,” “Lost In Apocalypse,” “Soul Contract,” “Private Hero,” and “The Mystical Treasure,” projects range in genre from suspense, thriller, and action, to fantasy, romance and comedy.

To date, seven projects have completed production, two are currently in production and one is in pre-production. All ten are set to broadcast exclusively on iQiyi’s video streaming platform in the second half of 2017.

“Providing opportunities to young talents is about cultivating the future backbone of the industry,” said Edward Cheng, VP of Tencent, and CEO of Tencent Pictures, in a statement.

“This collaboration is a cutting-edge attempt to embrace China’s ‘Internet +’ through online movies created by a team of talented new directors,” said FIP president Tomas Jegeus in a message.

Launched in 2010, FIP has produced and released over 50 local films in 11 countries, including “The Wailing” in Korea?[1]”Miss Bala” in Mexico, and “The Hidden Face,” in Spain. In Greater China Region, FIP has produced films including “Hot Summer Days,” “The Butcher, the Chef, and the Swordsman,” and a remake of “Bride Wars.”

Tencent Pictures last week used its presence in Cannes to launch an animated feature film “One Hundred Thousand Bad Jokes 2,” that it is producing in partnership with Joy Pictures.
Speaking in Cannes, Howard Chen, VP of Tencent Pictures, told Variety that the company is gradually ramping up its production efforts in ambition and scale.

“We are not just looking at franchise films – we want to work across the range of genres – covering things from Chinese humor to adrenalin and excitement like the ‘Fast and the Furious’ titles,” said Chen.
He added that “Bad Jokes 2” is targeting a wider and more international audience than its predecessor picture, which grossed some $14.5 million (RMB100 million).

More Digital

  • patreon logo

    Patreon Now Has Over 3 Million Patrons, Expects to Pay $500M to Creators in 2019

    Membership services platform Patreon now has more than 3 million patrons who pay to support any of its over 100,000 creators every month, the company announced Wednesday. It’s also on track to pay more than $0.5 billion to creators this year. Patreon’s business is growing at a healthy rate. Payouts have been nearly doubling year-over-year [...]

  • YouTube TV

    YouTube TV Expanding to Cover Entire U.S., No International Launch Plans Right Now

    Soon, virtually anyone in the U.S. will be able to subscribe to YouTube TV, Google’s $40 monthly over-the-top internet television service aimed at cord-cutters. First launched in five cities in April 2016, YouTube TV has been available in the top 100 markets in the U.S., covering around 85% of households, for about a year. Starting [...]

  • BTF Media, Vince Gerardis Pact Sign

    NATPE: BTF Media, Vince Gerardis Pact for Six Projects (EXCLUSIVE)

    MIAMI — BTF Media, producer of breakout series “Hasta Que te Conocí” and “El Secreto de Selena,” is teaming with Vince Gerardis, a co-executive producer with George Martin on “Game of Thrones,” on a six-project co-production alliance. Spearheaded at BTF Media by founder-partner Ricardo Coeto, the agreement takes in the development and co-production of the [...]

  • Bob Bakish Variety Cover Story

    Viacom Has Acquired Pluto TV Streaming Service for $340M

    Viacom has acquired Los Angeles-based video streaming service Pluto TV for $340 million in cash, both companies confirmed Tuesday. “Today marks an important step forward in Viacom’s evolution, as we work to move both our company and the industry forward,” said Viacom CEO Bob Bakish in a statement. “Pluto TV’s unique and market-leading product, combined [...]

  • Bob PittmanVariety Entertainment Summit at CES,

    iHeartMedia Bankruptcy Plan Approved, CEO Bob Pittman's Contract Renewed

    A U.S. court has approved the bankruptcy plan of iHeartMedia, the biggest radio broadcaster in the U.S., which will shave down its crushing debt load and separate iHeartMedia from Clear Channel Outdoor Holdings. The company said chairman and CEO Bob Pittman and Rich Bressler, president, COO and CFO, have extended their contracts by four years. [...]

  • Instagram Logo

    Netflix Lets iOS Users Share Movies, Shows to Instagram Stories

    Netflix is tapping into Instagram Stories for some word-of-mouth promotion: The streaming video service rolled out a new Instagram integration Tuesday that allows iOS users to share their favorite movies and TV shows via Stories. To do so, users simply select the title of their choice within the Netflix iOS app, and then share it [...]

  • Brian Lockhart - ESPN+

    ESPN Hires NFL Media's Brian Lockhart to Head ESPN+ Original Content

    ESPN recruited Brian Lockhart, who has spent more than a decade at NFL Media, as executive producer of original content for the ESPN+ subscription-streaming service. Lockhart will oversee strategy and development for all ESPN+ original programming initiatives, including new projects as well as existing shows such as “Detail,” “More Than an Athlete,” “The Board Room,” [...]

More From Our Brands

Access exclusive content