×
You will be redirected back to your article in seconds

Hub and Assembly Line set Fund for China-U.S. Co-Productions (EXCLUSIVE)

Shanghai-based production and finance company, HUB Film has set up a film fund to invest in U.S.-Chinese co-productions. Assembly Line Entertainment is its U.S. partner.

The pair aim to put up a minimum of $3 million into each project, with that figure counting for 50-80% of budget. They aim to have boarded up to five co-productions by the end of next year, with content including movies, web series and other episodic TV.

“The goal of the HUB/Assembly Line partnership is to become a part of the burgeoning U.S.-Chinese production industry, by acquiring new content (finding) partners and together, putting development projects into production,” the companies said in a statement.

HUB Film is part of the larger HUB Group, which straddles film, finance and property development. It recently opened the Fengxian Film Center in central Shanghai. The 23,000 square meter complex spans production, post-production, equipment rentals, and distribution facilities. The center will be used to provide office space for Assembly Line.

Assembly Line is a development, production, and film financing company formed in 2011 by Janek Ambros. Recent credits include “10,000 Saints,” with Ethan Hawke, Hailee Steinfeld, and Emily Hirsch. It previously delivered “Imminent Threat,” a documentary about the War on Terror’s impact on civil liberties, executive produced by James Cromwell; and “Valley of Bones,” released in September by Smith Global Media.

More Film

  • Marighella review

    Berlin Film Review: 'Marighella'

    Does Brazil need a film that openly advocates armed confrontation against its far-right government? That’s the first question that needs to be asked when discussing “Marighella,” actor Wagner Moura’s directorial debut focused on the final year in the life of left-wing insurrectionist Carlos Marighella during Brazil’s ruthless military dictatorship. For whatever one might think of [...]

  • Hiccup (Jay Baruchel) and his Night

    ‘How to Train Your Dragon: The Hidden World’ Again Tops Studios’ TV Ad Spending

    In this week’s edition of the Variety Movie Commercial Tracker, powered by the TV ad measurement and attribution company iSpot.tv, DreamWorks Animation claims the top spot in spending for the second week in a row with “How to Train Your Dragon: The Hidden World.” Ads placed for the fantasy film had an estimated media value [...]

  • Marc Weinstock Mary Daily Paramount

    Paramount Pictures Names Mary Daily Co-President of Marketing, Distribution With Marc Weinstock

    Paramount Pictures has promoted Mary Daily, the current international marketing and home entertainment head, to co-president of worldwide marketing and distribution. Daily will join incoming co-president Marc Weinstock in the role. Variety previously, exclusively reported that Weinstock, former president of Annapurna Films, would be coming to the storied Hollywood lot to replace David Sameth. Both [...]

  • The Favourite Black Panther

    Audience for Best Picture Nominees Most Diverse in Years, Report Shows

    Theatergoers for Academy Awards best picture-nominated films have become younger and more diverse over the past four years, a report released exclusively to Variety showed. Movio, a Vista Group company which specializes in cinema marketing data analytics, said the changes in demographic shifts correspond to the best picture lineup becoming more diverse since the 2015 [...]

  • Emma Thompson

    Emma Thompson Exits Skydance Animation Movie 'Luck' Over John Lasseter Hire

    Emma Thompson has dropped out of the voice cast of Skydance Animation’s upcoming film “Luck,” a spokesperson for the actress told Variety. The beloved British star did some recording for the project, but dropped out in January, following John Lasseter’s hire to the top animation job at David Ellison’s studio, an insider close to the [...]

  • Daniel Kaluuya Lakeith Stanfield

    Daniel Kaluuya, Lakeith Stanfield in Talks to Star in Film About Black Panther Party Leader

    Daniel Kaluuya and Lakeith Stanfield are in negotiations to star in the historical drama “Jesus Was My Homeboy” about Black Panther Party leader Fred Hampton. The project is set up at Warner Bros. with “Black Panther” director Ryan Coogler producing along with Charles King through his Marco production company. Executive producers are Sev Ohanian, Zinzi [...]

More From Our Brands

Access exclusive content