×
You will be redirected back to your article in seconds

Jason Blum-Donald Tang Hatch Chinese Genre Film Production Pact

Donald Tang’s Tang Media Partnership has struck a feature film collaboration venture with Blumhouse Productions, the company of ace Hollywood producer Jason Blum (“Paranormal Activity,” “Insidious”).

The companies aim to co-develop and co-finance low budget genre movies, made in the Chinese language for consumption by Chinese audiences.

No production targets were set beyond the first picture, which is now at the scripting stage. The film has no title or director attached, but is expected to shoot at Blum’s U.S. facility within the next 12 months. Typically of Blum’s output, the budget ceiling is maximum of $5 million. China theatrical distribution is to be handled through TMP’s Chinese unit and local partnerships.

“We are looking to take our low budget system and apply it in China,” Blum told Variety. “We are looking at local books, local legends, and having local creatives at involved at the development and script stage.”

“Horror-thrillers are a relatively small part of the Chinese market. And the quality improvement has not been as fast as the audience demanded,” Tang told Variety. “So we are taking the master of the genre, and a brand, and will produce for a lower cost.”

The deal was announced at an event Monday, on the margins of the Shanghai International Film Festival.

Blumhouse has a formidable record in horror and low-budget genre fare. “Split” and “Get Out” scored at the box office last year following the successes of the “Purge,” “Insidious,” “Paranormal Activity,” and “Ouija” franchises. He has a 10-year first look deal with Universal and is currently expanding into TV. Blumhouse Television’s first “Sharp Objects,” premieres July 8 on HBO.

Blum has long been considering establishing a foothold in China. Blum made an exploratory business trip to Shanghai in January 2015, when completion bond company Film Finances opened its first China office.

Under the ownership of Chinese-American former banker, Donald Tang, TMP has built a media empire that includes significant Hollywood indie positions and a growing presence in China. Last year TMP acquired sales and finance company IM Global, which it merged with another acquisition, U.S. distributor Open Road. The combined Global Road operation debuted in Berlin this year, with the promise to put up $1 billion in production finance over the next three years. Global Road plans to issue 15 to 20 wide-release movies per year in the U.S. and Canada by 2020.

In April, TMP described its latest China developments as expression of a “dual-core strategy” that combines access to China with “superior Hollywood storytelling.”

“TMP China will make films, TV digital shows for Chinese market for Chinese audiences, in Chinese language with Hollywood magic. In time we will find Chinese stores which can be hits in Hollywood and the world. We have the DNA for all this under one roof,” Tang said in April. TMP has more than a dozen staff in China with many in content development and IP roles.

More Film

  • Of Fathers and Sons

    Producer of Oscar-Nommed Syria Documentary Could Miss Awards Due to Visa Problem

    A German producer’s hopes to attend Sunday’s Academy Awards ceremony, where his film is up for an Oscar, look likely to be dashed by tightened U.S. Department of Homeland Security restrictions and increased bureaucracy. Hans Robert Eisenhauer is one of the producers of “Of Fathers and Sons,” director Talal Derki’s film about a radical Islamist [...]

  • Speaker of the United States House

    Nancy Pelosi, Ava DuVernay Honored at VH1 Trailblazers Event

    Cher is feeling a little better about what’s happening in Washington, D.C. “When I see Trump spew his hate and tell his gazillion lies, I get pissed off and feel uneasy at the same time,” the Oscar winner and frequent Trump critic said on Wednesday while introducing Speaker of the House Nancy Pelosi at “VH1 [...]

  • Most Memorable Oscar Speeches in Academy

    The Most Memorable Oscar Speeches in Academy History

    No Academy Awards is complete without some emotional acceptance speeches on stage – and some political ones to boot. With just 90 seconds to make an impact, many actors have used the platform as a voice for political change, calling attention to hot-button issues like climate change and gender equality, while others have simply reveled [...]

  • Jussie Smollett

    Jussie Smollett Arrested, in Custody of Chicago Police

    Jussie Smollett has been arrested and faces criminal charges for allegedly filing a false police report and for disorderly conduct. Chicago police tweeted Thursday morning that the “Empire” actor was under arrest and in custody of detectives. Smollett claimed that he had been attacked by two men on Jan. 29 — he said they beat [...]

  • Billie Holiday (1915-1959, born Eleanora Fagan)

    Billie Holiday Documentary Draws Buyers as Concord Boards Project

    Concord, the successor to the Billie Holiday Estate, has boarded James Erskine’s documentary “Billie,” which tracks the iconic jazz singer’s life. Altitude Film Sales has sold the project to several territories. Also joining the project, now in post-production, is the Brazilian colorization artist Marina Amaral. Most of the filmed and still images that exist of [...]

  • My Extraordinary Summer With Tess review

    Film Review: 'My Extraordinary Summer With Tess'

    Winner of a special mention from the Berlinale Generation KPlus’ adult jury, the family-friendly, light drama “My Extraordinary Summer With Tess” is straightforward youth cinema with surprising emotional depth. Based on a prize-winning novel by Anna Woltz, a beloved Dutch writer of work for young readers, it explores family relationships and emphasizes the importance of [...]

  • UCLA Hollywood Diversity Report: Women, Minorities

    Hollywood Diversity Gains in TV but Falls Short in Movies

    Minorities and women have registered gains in several key areas of television but women continue to lag in movies, according to a report issued Thursday by the Ralph J. Bunche Center for African American Studies at UCLA. “My basic take is that TV is improving more for minorities and women than film,” said Dr. Darnell [...]

More From Our Brands

Access exclusive content