×
You will be redirected back to your article in seconds

‘xXx 4’ Expands H Collective and iQIYI’s Hollywood-China Funding Pact (EXCLUSIVE)

Vin Diesel’s upcoming “xXx 4” has been set as part of an expanded Hollywood-China partnership between The H Collective and Chinese streaming giant iQIYI.

Under a three-film agreement, iQIYI will also invest in horror pic “The Beast,” from H Collective president of production Sherryl Clark, and a currently untitled Manga project.

The two companies already have a three-picture co-production pact. The new agreement expands it to a six-film deal.

Los Angeles-based H Collective, which was established last year, seeks to develop and produce films that can be equally profitable in China and the rest of the world.

Action comedy “Counter Spy,” written by former Marvel executive Craig Kyle (“Thor: Ragnarok,” “Iron Man”) from an original draft by David Rothenberg and Lionel Enns, is expected to be the first film flowing from the H Collective-iQIYI deal. Production is slated to begin in early 2019.

Earlier this year, the H Collective acquired the “xXx” franchise with Vin Diesel’s One Race Films. The new film It sees Diesel reprising his role as Xander Cage for director D.J. Caruso, as well as a deal with Sony Pictures Worldwide Acquisitions Group to distribute and market up to four films per year globally outside of China.

“The expansion from co-production and distribution to investment was a natural progression for our partnership,” said H Collective CEO Nic Crawley. “Having iQIYI financially support our ideas and slate is not something we take lightly. As our company wraps our first year, where we’ve proudly hit all targets, and we now enter our second year with a very strategic positioning.”

“With our great resources and proven track record of success in China, we believe that we can produce successful English-language films together with The H Collective. And we can achieve better box office results in the global market, especially in China,” said president of iQIYI Pictures Ya Ning.

IQIYI, which floated on NASDAQ earlier this year and currently enjoys a $19 billion market capitalization, is one of China’s leading streaming platforms. It boasts over 500 million monthly users and some 60 million paying subscribers, and is using original production of film, TV and short form content to drive conversion from ad-supported usage to a recurring subscription model. IQIYI is currently enjoying success with smash hit 70-episode costume drama series, “Story of Yanxi Palace”; with a streaming run of 39 consecutive days, it has been viewed over 15 billion times.

More Film

  • The Kings Man

    Film News Roundup: Disney Sets 'The King's Man' Spy Comedy for February

    In today’s film news roundup, “The King’s Man” and “A Kid From Coney Island” get release dates, and “Barry” star Anthony Carrigan joins “Bill & Ted Face the Music.” RELEASE DATE Disney has set its Fox spy comedy prequel “The King’s Man” for release on Feb. 14, 2020. Disney made the announcement Wednesday at its [...]

  • Shyrakshy: Guardian of the Light

    Shanghai Film Review: 'Shyrakshy: Guardian of the Light'

    The bombastic English title might sound like it describes some comic book sci-fi epic, but in “Shyrakshy: Guardian of the Light” our hero does not wear a cape but a weathered cap, and the light he guards is not an interstellar death ray but the flickering beam of a battered old movie projector. Prominent Kazakh [...]

  • Wanda Film's Zeng Maojun

    Shanghai: China's Once-Mighty Wanda Casts Itself in Role of Survivor

    The soundtrack for the introductory showreel at Wednesday evening’s Shanghai press event announcing Wanda Pictures’ annual line-up was aspirational and strangely defiant.  It began with Nina Simone crooning, “It’s a new dawn, it’s a new day, it’s a new life for me, and I’m feeling good,” and then continued with “Survivor” by Destiny’s Child. “You [...]

  • 'The Souvenir' Costume Designer Fashioned 1980s'

    'The Souvenir' Costume Designer Put a Decadent Twist on Opulent ’80s Style

    Set against the backdrop of London’s early-1980s cultural renaissance, British auteur Joanna Hogg’s exquisitely sculpted and critically acclaimed “The Souvenir,” which A24 has been widening in platform release for the past month, follows film student Julie (Honor Swinton Byrne) and her gradually destructive romance with the magnetic Anthony (Tom Burke). “We didn’t want a film [...]

  • Anne Hathaway

    Crew Member Stabbed on Set of Anne Hathaway's 'The Witches' in England

    A crew member has been stabbed in the neck on the set of Anne Hathaway’s “The Witches” remake, which is being shot at the Warner Bros. Studios stages in Leavesden, Hertfordshire. The Hertfordshire Constabulary said in a statement that the victim was hospitalized and his alleged attacker was arrested. The two men are believed to [...]

  • paranormal-activity-1

    Paramount, Blumhouse Announce Seventh 'Paranormal Activity' Movie

    Paramount Pictures and Jason Blum’s Blumhouse are teaming on a seventh “Paranormal Activity” movie. Paramount chief Jim Gianopulos announced the untitled project Wednesday during the studio’s CineEurope presentation in Barcelona. Plot details are also under wraps. The franchise was launched with 2007’s “Paranormal Activity,” a micro-budget film about a young couple who had who moved [...]

  • Steve Buscemi

    Steve Buscemi Joins Judd Apatow's Upcoming Pete Davidson Comedy (EXCLUSIVE)

    Steve Buscemi, Kevin Corrigan, Domenick Lombardozzi and Mike Vecchione have rounded out the cast of Universal’s untitled Judd Apatow comedy starring Pete Davidson. Marisa Tomei, Bill Burr, Bel Powley, Maude Apatow and Pamela Adlon had been previously announced. Apatow is directing from a script he co-wrote with Davidson and Dave Sirus. The film is a [...]

More From Our Brands

Access exclusive content