Former Toei producer Muneyuki Kim has launched K2 Pictures, which will work with major directors such as Hirokazu Kore-eda and aim to create a new funding ecosystem for Japanese animated and live-action features.
The plan is to return profits that would traditionally go to film companies to investors and creators, which its founder says closely follows approaches used in Hollywood and elsewhere.
Creators who team with K2 will be able to participate on projects as shareholders. Kii, who will be K2’s CEO, says most Japanese films are produced through a system of ‘production committees’ with industry know-how formed through film companies, TV networks and publishers, which it believes makes entry into the market difficult and limits returns to producers and creators.
To this end, company has launched the K2P Film Fund I, which will provide support for animated and live-action features and enable to “investors, creators and crew members to profit from the Japanese film industry.” It is targeting partners in Japan, Asia, the U.S.
Read more on deadline.com
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