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Starlight Media Sets $100 Million Diversity Fund (EXCLUSIVE)

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variety.com

Patrick Frater Asia Bureau ChiefStarlight Media, the Hollywood-focused Chinese film financier behind “Crazy Rich Asians,” is to go further in its promotion of filmmaking diversity.

It has unveiled details of a $100 million film and talent development fund.The company’s Stars Collective initiative will support aspiring female and BIPOC filmmakers and creative storytellers.

The fund is to be headed by Starlight’s creative executive Jennifer Zhang Juefang.Stars Collective will support 30-50 emerging filmmakers with a fund of at least $50 million, which may be scaled up to $100 million depending on applications.

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