×
You will be redirected back to your article in seconds

Chinese, Thai Shingles Pact for Co-Production Fund at FilMart

A deal to establish a 100 million yuan ($14.9 million) co-production fund between China and Thailand was struck at FilMart on Tuesday to help launch TV and film projects that will appeal to Chinese and Southeast Asian audience.

The deal that was struck by China’s Poly Film Investment Co., TW Capital from Thailand and Thai Chi (Hainan) Culture and Media Co. will kick off with 50 million yuan ($7.4 million) in seed money. Tanawat Wansom, president and CEO of TW Capital, told Variety that the fund will draw investments from other partners and aim to raise more than 100 million yuan in total.

Wansom said the success of Thai comedy “Bad Genius” in China last year has boosted the confidence of content producers and financiers in Thailand to invest more in the middle kingdom. He said the fund already has more than 10 projects in the pipeline, including film projects for both theatrical releases and internet streaming platforms.

More Film

  • Bob Berney

    Bob Berney to Leave Amazon Studios' Head of Marketing and Distribution Position

    Bob Berney, Amazon Studios’ head of marketing and distribution, is stepping down, Variety has confirmed. Berney was hired by Amazon in 2015 and recently reached the end of his four-year contract. His last day will be Friday. During his time at amazon, the film veteran oversaw a number of successful films including “Manchester by the [...]

  • NEW YORK, NY – JUNE, 24:

    LGBTQ Stars Honored at Variety’s Power of Pride Celebration

    New York City felt the full power of pride on Monday, as Variety celebrated its inaugural issue devoted to the annual recognition of LGBTQ people worldwide. At an intimate gathering at lower east side Manhattan hotel The Orchid, rooftop bar Mr. Purple hosted Variety’s cover stars and luminaries for cocktails and the unveiling of the [...]

  • Joel Silver Exits Silver Pictures

    Joel Silver Exits Silver Pictures

    Top Hollywood producer Joel Silver has exited his production company Silver Pictures, Variety has confirmed. “Joel Silver recently indicated that he intends to leave Silver Pictures and go out on his own,” Hal Sadoff, a former ICM Partners agent who joined Silver Pictures several years ago as CEO, said in a statement. “We are working [...]

  • Billy Eichner Power of Pride Variety

    Billy Eichner on Taylor Swift's 'Calm Down' Backlash

    When Taylor Swift released her “You Need to Calm Down” music video, it seemed like every member of the LGBTQ in Hollywood was included — except for Billy Eichner. “I’m still not gay enough for Taylor Swift — or too gay — I don’t know what it is,” Eichner joked at Variety’s Power of Pride [...]

  • Ewen Bremner as Alan McGee in

    Danny Boyle-Produced ‘Creation Stories’ Adds Jason Isaacs, Steven Berkoff

    Jason Isaacs, Steven Berkoff and a host of other new names have signed on for “Creation Stories,” the film being exec-produced by Danny Boyle about Creation Records co-founder Alan McGee. The producers also unveiled the first shots of Ewen Bremner (“Trainspotting”) as the music mogul. Production is underway on the Irvine Welsh-penned project, with “Lock, [...]

  • 'Annabelle Comes Home' Review: This Grab

    Film Review: 'Annabelle Comes Home'

    In a country that should probably think about renaming itself the American Entertainment State, fan culture now produces an obsessive level of pop scholasticism, one that can parse the rules and details of movies and TV shows as if they were fine points of law. In a review of a horror movie, I once called [...]

More From Our Brands

Access exclusive content