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Spotlight on Chinese film projects
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THE domestic entertainment industry received a boost yesterday with a variety of project announcements at the ongoing 2016 Shanghai International Film and TV Festival.
Yan Geling’s 2009 novel “Shanghai Sojourners” will be adapted into an epic romance produced by Kylin Pictures, Beacon Pictures and Hollywood filmmaker and actor Kevin Costner.
Set against the backdrop of Shanghai during World War II, the film, which will start shooting by October, is a touching tale of love, redemption and humanity.
The highly-anticipated fantasy adventure “Legend of the Naga Pearls” will hit cinemas across China next year. The visually stunning film, starring Zhang Tian’ai and Simon Yam, is an adventure set in the fantasy world of mermaids.
Hong Kong stars Nick Cheung, Louis Koo and Charmaine Sheh were on hand yesterday to promote their new cop drama “Line Walker,” which is slated for release on August 11.
Qin Hong, chairman of JQ Pictures, the film's producer, announced that more than 20 films of diverse genres are in the production pipeline.
The projects include Hong Kong director Peter Chan’s biopic film about Chinese tennis player Li Na, Zhao Wei’s second directorial effort “No Other Love,” and the Li Qiang-produced suspense "Shadow of Ashes.”
Black comedy “Foolish Plans,” which sees stars Wang Ning, Xiu Rui and Wang Zijian chasing 100 million yuan, will be released on July 8.
At another venue, celebrated scriptwriters and producers from the US launched a two-day workshop yesterday for students.
Zack Estrin, co-producer of the classic American series “Prison Break” and Vince Gerardis, producer of the fantasy series “Game of Thrones,” shared their knowledge with students at the Shanghai-Vancouver Film School.
Meanwhile, China’s box office is expected to surpass the United States in 2017 and claim the title of the world’s largest, according to a report by international accounting firm PwC.
The report forecasts that China’s box office revenue will hit US$10.3 billion next year, while the US is expected to ring up US$10.14 billion.
With a compounded average annual growth of 19.1 percent, China’s box office takings are expected to hit US$15.08 billion by 2020, the report said.
The report estimates a whopping US$49.3 billion in box office earnings across the globe in 2020, with nearly one third of it being generated in China.
According to predictions, revenue from advertising in the Chinese film industry will exceed US$161 million by 2020, and the average ticket price will climb to US$6.04 from the current US$5.44.
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