Gaga Corp., Leading Japanese Indie Film Company, Sold to Gaming Firm Genda

Patrick Frater Asia Bureau Chief “Carmen,” “Foe,” “Limbo,” Australia’s Oscar contender “Shayda,” “Streets of Colour” and “The Royal Hotel” have received the six nominations for best feature film at this year’s Screen Producers Australia Awards. The SPA Awards will be held on Thursday, March 21, 2024, the final evening of the Screen Forever conference. In the documentary feature section, the nominations are “Flyaways,” “Harley & Katya,” “Living With Devils,” “ONEFOUR: Against All Odds,” “The Cape,” “The Giants,” “The Jewish Nazi?” and “The Platypus Garden.” Nominations for best telemovie or miniseries production are “While the Men Are Away,” “The Claremont Murders,” “Wellmania,” “The Messenger,” “Bad Behaviour” and “The Clearing.” “2023 was a year filled with a number of challenges for our industry, but the Australian screen sector continued to delight audiences globally with stories that share our unique culture and creativity,” said SPA CEO Matthew Deaner.

Patrick Frater Asia Bureau Chief Bytedance, the unlisted Chinese tech giant that owns TikTok, is poised to slash part of its games operations, including Nuverse, which publishes ‘Marvel Snap,’ according to financial news sources. News was reported by Bloomberg, Reuters and other tech news providers The Information and The Verge on Monday that Bytedance will retreat from its mainstream video games operation with the loss of some 1,000 jobs. “We regularly review our businesses and make adjustments to centre on long-term strategic growth areas,” a ByteDance representative said in a statement sent to some media. “Following a recent review, we’ve made the difficult decision to restructure our gaming business.” Variety has also reached out to Bytedance for comment. Nuverse, the unit for most of Bytedance’s games, is understood to have told employees that it will halt nearly all games that have not yet launched.

Patrick Frater Asia Bureau Chief Multi-territory European cinema operator, Pathe Cinemas has expanded its existing deal with premium large format technology company Imax. The new agreement sees the addition of five new Imax With Laser systems in Europe, including four in France.

Patrick Frater Asia Bureau Chief Chinese films “Trending Topic” and “The Invisible Guest” will be given theatrical releases in Malaysia and Singapore in the coming month. This step follows agreements between Chinese streamer iQiyi and Malaysian cinema chain GSC and Singaporean distributor Clover Films.

Patrick Frater Asia Bureau Chief China’s nationwide annual box office passed the symbolic $7 billion and RMB 50 billion marks in recent days, confirming a decent, but still incomplete recovery of the theatrical cinema industry. According to consultancy Artisan Gateway, the running box office total to Nov. 26 was $7.15 billion.

Patrick Frater Asia Bureau Chief Korean drama “12.12: The Day” brought life back to South Korean cinemas with a powerful $11 million opening weekend. Directed by Kim Sung-soo and starring the reliable Hwang Jung-min and Jung Woo-sung, the film recounts a nine-hour period in 1979 in which a military coup was attempted. It is understood to be based on real events, but with a fictional telling. It earned $11.2 million between Friday and Sunday accounting for four out of every five tickets sold in the country.

Patrick Frater Asia Bureau Chief The husband and wife team of Otsuka Ryuji and Huang Ji, who worked with a minimalist crew and mostly non-professional actors, gave a round of thanks to Asian leading auteurs for inspiring them, and then hugged each other on stage for winning the Taipei Golden Horse Film Awards best narrative feature prize with their pregnancy drama “Stonewalling.” The numerical winner on Saturday night was “Old Fox,” which earned the best director award for Hsiao Ya-chuan, as well as the best supporting actor, makeup and costume, and best film score prizes. The nominations, announced in October, saw “Snow in Midsummer” collect nine nominations and Taiwan‘s Oscar contender “Marry My Dead Body” head the field with eight.

Patrick Frater Asia Bureau Chief The Taipei Golden Horse Film Festival drifted to a conclusion in midweek, with project awards presented on Wednesday, followed by Thursday’s festival closing events. These involved a screening of portmanteau film “Tales of Taipei” followed by a sit-down dinner-cum-ceremony with a breezy pair of speeches and no prizes. The film fortnight then sprang to life again on Saturday evening when the 60th edition of the Golden Horse Film Awards represented a new climax.

Patrick Frater Asia Bureau Chief “Wellington Paranormal,” the series spinoff from 2014 breakout hit film “What We Do In the Shadows,” is launching an audio companion piece. It is produced by Frank Podcasts, a new New Zealand-based podcast network, headed by Mike Minogue and Tim Batt. The podcast will feature actors, writers, directors and more, delving into the making of the Jemaine Clement produced and Taika Waititi executive produced TV series, “Wellington Paranormal.” The show is hosted by Minogue (who played Officer Minogue in the series) and Karen O’Leary (Officer O’Leary), with Maaka Pohatu (Sarge) and Tom Sainsbury (Officer Parker) as recurring guests.

Patrick Frater Asia Bureau Chief Producer and screenwriter, Darren Dale has been named as the new board chair of the Sydney Film Festival, following the retirement of Dianne Weir. He is a leading advocate for Aboriginal and Torres Strait Islander content and has been director of Blackfella Films since 2000.

Patrick Frater Asia Bureau Chief Marco Mueller, the veteran film festival curator and director, is set to launch a new festival and market in Macau. It will have its first edition in January. The Asia-Europe Young Cinema Festival, running Jan.

Patrick Frater Asia Bureau Chief “Chewing Gum” was named winner of the NT$1 million Grand Prize, the top award at the 2023 Golden Horse Film Project Promotion production event. Other prizes were awarded for works in progress and for TV series. The winners were announced at a ceremony on Wednesday at the New Horizon Event Space in Taipei, Taiwan.

Patrick Frater Asia Bureau Chief Chen Shaojie, the chairman and CEO of leading Chinese gaming live-streaming platform Douyu, has been arrested. The NASDAQ-listed company confirmed the previously-reported news in a regulatory filing late on Tuesday. DouYu said that it was informed that Chen was arrested by police in Chengdu “on or about Nov. 16.” Reputable Chinese and international media previously reported that he had been missing for at least three weeks and had been away from public view since August. In China, suspects in criminal cases are often detained for weeks or months prior to their formal arrest.

Patrick Frater Asia Bureau Chief The QCinema Project Market, the industry initiative that accompanies The Philippines’ QCinema International Film Festival, revealed its winners list on Tuesday delivering almost $500,000 of grants and in-kind support. The prizes followed a two-day networking and pitching event on Nov. 18 and 19 for 19 feature-length fiction film projects from Southeast Asia.

Patrick Frater Asia Bureau Chief Cannes’ Directors Fortnight section has joined forces with The Philippines for the latest edition of its Directors Factory professional training program. Operating since 2013, when it kicked off in Taiwan, the Directors’ Factory works with a new partner country each year to mentor eight budding filmmakers who are preparing ambitious first or second feature projects that they will make in pairs. The four resulting co-written and co-directed short films will be screened as part of the Directors’ Fortnight (aka Quinzaine des Cineastes) in May. Four pairs were selected in Manila in October: Eve Baswel (Philippines) and Gogularaajan Rajendran (Malaysia); Maria Estela Paiso (Philippines) and Ashok Vish (India); Arvin Belarmino (Philippines) and Lomorpich Rithy (aka YoKi) (Cambodia); Don Josephus Raphael Eblahan (Philippines) and Tan Siyou (Singapore). They have now begun writing their screenplays and are expected to shoot their films March in Dapitan, a city in The Philippines’ Zamboanga Peninsula, known for its many shrines and as the place of exile of Philippines’ national hero, Jose Rizal. These days it is a hub for domestic and international tourism. Post-production of the four titles will then be hosted in Quezon City, which seeks to become the new film capital of the Philippines and where many of the country’s post-production houses are already based. The program is operated and co-produced by Epicmedia Productions of The Philippines and Dominique Welinski, founder and curator of DW (France).

Patrick Frater Asia Bureau Chief EST Media, the Asian-focused film and video group, hatched by Jaeson Ma and former Vice Media executive Eric Tu, is now diversifying into publishing. It is launching EST Articles under its Eastern Standard Times journalism banner. The digital-only publication is “dedicated to exploring the voices and stories of the Asian and Asian diaspora communities through written medium to long-form, in-depth articles,” EST Media said.

Patrick Frater Asia Bureau Chief iQiyi, the NASDAQ-listed Chinese streaming firm, confirmed its recent swing from loss to profitability with a July-September quarter that saw revenue and profits growth even as subscription numbers dipped fractionally. Net income attributable to iQIYI was RMB476 million ($65.2 million), compared to a net loss of RMB396 million in the same period in 2022, the company said in a filing on Tuesday. Using the company’s preferred non-GAAP statement of its accounts, net income was RMB622 million ($85.3 million), compared to non-GAAP net profits of RMB187 million in the same period last year. Total revenues in the period were RMB8.0 billion ($1.1 billion), a 7% year over year increase. Within that figure, subscription revenue was RMB5.0 billion ($687 million), up 19% year over year.

Patrick Frater Asia Bureau Chief Leading Korean star Jung Woo-sung (“A Moment to Remember”) will star opposite Shin Hyun-been (“Hospital Playlist”) in “Tell Me That You Love Me,” an original series for Genie TV. The show is a remake of the hit Japanese series of the same name that first aired at Tokyo Broadcasting Systems linear channel in Japan some 28 years ago in 1995. The new show will upload to Genie’s own streaming service on Nov. 27 and the same day in Japan on Disney+.

Patrick Frater Asia Bureau Chief Veteran actor Ciaran Hinds and Odessa Young have joined Euphoria star Jacob Elordi in the cast of premium Australian miniseries “The Narrow Road to the Deep North.” Production is now under way. An adaptation of the Booker Prize-winning novel by Richard Flanaghan, the five-part series is love story set against the backdrop of World War II. Production is by Curio Pictures with Prime Video releasing the title in Australia, New Zealand and Canada.

Patrick Frater Asia Bureau Chief Mystery-horror film “Five Nights at Freddy’s” landed on top of the South Korean cinema box office. But fellow new release title “The Hunger Games: The Ballad of Songs and Snakes” managed only a fourth placed start. “Five Nights” earned $1.78 million between Friday and Sunday, according to data from Kobis, the tracking service operated by the Korean Film Council.

Patrick Frater Asia Bureau Chief Local crime drama film “Last Suspect” returned to the top spot at the mainland China box office over the latest weekend, as “The Hunger Games: The Ballad of Songbirds and Snakes” opened quietly in third place. Narrowly beaten last week by “The Marvels,” “Last Suspect” climbed one place while “The Marvels” fell out of the top five in China. In its third weekend of release, “Last Suspect” recorded $10.1 million (RMB76 million), according to data from consultancy Artisan Gateway.

Patrick Frater Asia Bureau Chief Chinese authorities have banned artist and film director Guo Zhenming from traveling to Singapore for the world premiere of his documentary film “Tedious Days and Nights.” The film is scheduled to play at the Singapore International Film Festival on Dec. 4 in the festival’s Standpoint strand. It was advertised as including a Q&A session with the director.

Patrick Frater Asia Bureau Chief The Ridley Scott-directed historical epic “Napoleon” is set to get a release in mainland Chinese theaters next month. The Apple Original Films and Sony Pictures’ title has received approval for import into China and release in a Dec. 1 slot, Sony said on Thursday. Per a Sony synopsis, the film “details the checkered rise and fall of the iconic French Emperor Napoleon Bonaparte, played by Oscar-winner Joaquin Phoenix.

Patrick Frater Asia Bureau Chief Alibaba, China’s e-commerce and entertainment giant, revealed a 9% revenue improvement and a return to profits in the three months to the end of September, the second quarter of its financial year. The group, which is in the process of breaking itself up into six separate businesses, had revenue of RMB225 billion ($30.8 billion). Net income of RMB26.7 billion ($3.66 billion) compared with a net loss of RMB22.5 billion in the same period last year.

Patrick Frater Asia Bureau Chief The New Zealand screen producers’ guild SPADA says that international streaming platforms should be regulated and made to pay a portion of their revenue to the local industry. “The streamers currently pay no tax in New Zealand, face no regulation, and use broadband infrastructure that was partially funded by our government.

Patrick Frater Asia Bureau Chief “Concrete Utopia,” South Korea’s Oscar contender, was Wednesday named best film at the country’s annual Grand Bell Awards. It also won prizes for best actor, best supporting actress, art direction, sound mixing and visual effects.

Patrick Frater Asia Bureau Chief Leading Korean content firms including CJ ENM and Webtoon are joining forces with Asian-focused streamer Rakuten Viki as it launches a “worldwide celebration of Korean drama” at the end of the month. The International K-Drama Day event on Nov.

Patrick Frater Asia Bureau Chief Modest increases in its Chinese and international games sectors helped Chinese tech giant Tencent achieve respectable results for the three months from July to September, the third quarter of its financial year. Group revenues weighed in at RMB154 billion ($21.5 billion), an increase of 10% year on year and 4% quarter on quarter. Some analysts interpreted that as below their forecasts, but others saw it as beating China’s currently sluggish economy. Profit for the period was RMB36.8 billion ($5.14 billion), which was down 5% year on year, but a 38% improvement on the group’s second quarter. Moreover, Tencent claims that a non-IFRS treatment of its accounts better reflects core earnings.

Patrick Frater Asia Bureau Chief “Deep Sea,” an innovative Chinese-made animation film that has played the international festival circuit throughout this year, will release in North American theaters later this month. Theatrical rights were acquired by Viva Films from Netherlands-China sales outfit Fortissimo Films. Viva plans an outing on Nov.

Patrick Frater Asia Bureau Chief Specialty distributor Ariztical Entertainment has acquired the North American rights to New Zealand-set wholesome gay love story ‘Mysterious Ways.’ Ariztical plans a multi-platform digital release in 2024. Written and directed by New Zealand’s Paul Oremland, the film follows a media storm that threatens the marriage between a Vicar, portrayed by Richard Short (“The Tragedy of Macbeth”) and his Samoan boyfriend, portrayed by Nick Afoa (“The Lion King”), after they announce their intentions to have a traditional wedding in the church.

Patrick Frater Asia Bureau Chief Australian and New Zealand indie distributor Umbrella Entertainment will launch Brollie, a free of charge, ad-supported streaming service later this month. It will lean on Umbrella’s library of classic content and claims to be the first free streaming platform specializing in Australian film and TV content.Brollie will launch on Nov. 23 with over 300 titles including: “Babadook” (dir.

Patrick Frater Asia Bureau Chief Two independent management companies in the Asian music scene, MoFo Music and IAMAD, have merged to create a new music production and artist management group, MAD MoFo. The new entity will be led by Hong Kong-based Kelvin Avon and Sydney, Australia-based Philippe-Marc Anquetil. Both are both multi-award winning and multi-platinum selling international producers, songwriters and managers. At the same time, MAD MoFo has announced the launch of a Series A fundraising.

Patrick Frater Asia Bureau Chief “The Marvels” narrowly missed the top spot at the mainland China box office on its opening weekend. And its debut was far short of its blockbuster predecessor. Data from consultancy firm Artisan Gateway shows “The Marvels” earning RMB82.7 million or $11.5 million between Friday and Sunday in Chinese cinemas. Of that some $2 million or 17%, was earned in Imax theaters. The film’s debut weekend haul was a fraction below the RMB84.2 million ($11.7 million) earned by Chinese film “Last Suspect” in its second weekend of release.

Patrick Frater Asia Bureau Chief “The Marvels” topped the South Korean box office on its opening weekend, but failed to lift cinema activity out of its recent slump. “The Marvels” opened with $2.35 million between Friday and Sunday, and a market share of nearly 42%, according to data from Kobis, the tracking service operated by the Korean Film Council (KOFIC). Over its five-day opening run the film pulled in a total of $3.4 million. Those scores were enough to take top place from “The Boy and the Heron,” which had been number one for the two previous weekends, but not enough to increase cinemagoing in Korea.

Patrick Frater Asia Bureau Chief “Auto-bio Pamphlet,” a Marathi-language film that is both a love story and a rage against class divisions, will open the 18th edition of the Jogja-NETPAC Asian Film Festival later this month. The festival will close with the world premiere of spy thriller “13 Bombs in Jakarta.” JAFF run Nov.

Patrick Frater Asia Bureau Chief The fourth running of the Taiwan Creative Content Fest (aka TCCF) wrapped on Friday with the award of some 30 prizes to film and TV projects in five sections. The prizes followed three and a half days of one-on-one meetings and pitching within the context of the TAICCA-backed project, innovation and rights sales market.