huayi brothers
huayi brothers: huayi bros.' dennis wang makes reassurances, promises stock purchases
:
the dragon
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clear huayi brothers
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h. brothers
owler has collected 14 screenshots of huayi brothers' website since jun 2014. the latest huayi brothers website design screenshot was captured in sep 2017 .
huayi brothers currently has 25 followers on twitter. as of december 2016 huayi brothers had 8 followers. that' s a 212 percent increase in 1year
of huayi brothers expanded on the arrangement ,
huayi brothers has been exploring global expansion for a long time. i am very excited that huayi brothers is now in partnership with stx entertainment, which is known for its strong production and distribution capabilities in hollywood. this deal will help huayi brothers access the
huayi brothers' s co - founder & ceo, wang zhonglei, currently has an approval rating of 50% . huayi brothers' s primary competitors are
bona film group - bona film group and huayi brothers to... | facebook
huayi brothers currently has 30, 832 fans on facebook. as of april 2016 huayi brothers had 31, 383 fans. that' s a 1 percent decrease in 2 years
genfilms has been one of huayi brothers' s top competitors. genfilms is a private company that was founded in 2010 in chengdu, sichuan province. like huayi brothers, genfilms also competes in the movies & entertainment sector. compared to huayi brothers, genfilms has 63 more employees .
“partnership with stx is an important step as huayi brothers implements an international growth strategy and enters the u. s. film market, ” huayi brothers ceo dennis wang said in a statement .
china' s huayi brothers pacts with major u. s. film company to make 18 movies
huayi is an entertainment company that owns a film studio, television production company, talent agency, record label and movie theaters. huayi brothers is headquartered in chaoyang, beijing municipality. wang zhonglei is the co - founder & ceo of huayi brothers. huayi brothers has 3 companies in its portfolio, including magilm pictures. as of may 2018, huayi brothers has 30. 8k fans on facebook and 25 followers on twitter .
dmg entertainment is perceived as one of huayi brothers' s biggest rivals. dmg entertainment was founded in culver city, california } in 1994. like huayi brothers, dmg entertainment also operates in the movies & entertainment sector. compared to huayi brothers, dmg entertainment generates $ 121. 5m more revenue .
huayi is an entertainment company that owns a film studio, television production company, talent agency, record label and movie theaters. huayi brothers was founded in 1994. huayi brothers' headquarters is located in chaoyang, beijing municipality, cn ...
dennis wang, founder and chairman of chinese film conglomerate huayi brothers media, monday said that ...
huayi brothers media corporation, an integrated entertainment company in china, said it may bring law ...
if something were drastically wrong with chinese film studio huayi brothers, it would be hard to disc ...
panarmenian. net - chinese film studio huayi brothers media has partnered with french mini - major gaumo ...
china' s huayi brothers pacts with major u. s. film company to make 18 movies | hollywood reporter
huayi brothers pictures, a top player in china' s film industry, recently unveiled an ambitious slate ...
huayi brothers media corp. (chinese: 华谊兄弟传媒股份有限公司) is a chinese film production company, record label and talent agency founded in beijing by brothers wang zhongjun and wang zhonglei in 1994 .
the partnership was announced at a huayi brothers - hosted party on the eve of the shanghai international film festival on friday .
including bona film group, enlight pictures, huayi brothers, and china film group (d' altorio, 2011) .
huayi brothers media and ckf pictures would jointly produce
the mask of the black death
from a scri ...
huayi brothers' prospective deal with robinov comes during a busy week for deal - making between chinese and american entertainment companies .
huayi brothers' s revenue is the ninth highest among it' s top 10 competitors. the top 10 competitors average $ .
huayi brothers has employees and is the second highest among it' s top 10 competitors. the top 10 competitors average 130 .
at a press conference in beijing on friday, huayi brothers media corp, one of china' s leading enterta ...
hit by a downturn in local box - office growth, leading chinese film studio huayi brothers media co. re ...
huayi brothers media, one of china' s leading film studios, says it will renew and expand its relation ...
crew connection is seen as one of huayi brothers' s biggest rivals. crew connection is a private company that was founded in golden, colorado in 1989. crew connection operates in the publishing industry. crew connection has 133 more employees vs. huayi brothers .
huayi brothers media, china ’s leading film studio, has bought a 26% stake in south korean talent management firm sim entertainment .
last year, huayi brothers' revenue grew nearly 20 per cent to 2. 4 billion yuan; net profit was 890 million yuan .
shanghai, may 11, 2015 / prnewswire / - - imax corporation (nyse: imax) and huayi brothers cinema invest ...
this is not only a step for huayi brothers' internationalization, but also the internationalization of chinese film companies ,
it said .
huayi brothers' revenue in 2014 reached $ 380 million, up 19 percent, while operating profit rose 61 percent to $ 188 million .
huayi brothers earlier this year struck another deal with north american partners. it inked an 18 - movie co - financing deal with stx entertainment .
wang, chairman of the mainland' s largest private film and television production company huayi brothers, has been aggressively expanding his business empire overseas .
huayi brothers, founded in 1994 by brothers wang zhongjun and wang zhonglei, has released such chinese hits as
journey to the west: conquering the demons
and
young detective dee: rise of the sea dragon .
los angeles, april 1, 2015 / prnewswire / - - dennis wang, chairman and ceo of china' s huayi brothers me ...
an stx spokesman, steve elzer, said in an email, “we don’t comment on rumors. ” huayi brothers did not respond to a query .
trading of huayi brothers stock on the shenzhen stock exchange was halted briefly thursday after the company reported the potential deal in a filing on the exchange .
china’s huayi brothers media has teamed with “batman” producer michael uslan to launch a film and tv franchise based on the “ thunder agents ” comic book series .
an earlier version of a headline with this article rendered incorrectly part of the name of the chinese film company. it is huayi brothers, not brokers .
at cannes two years ago, huayi brothers announced a strategic co - production and distribution agreement with qed international to co - produce and distribute international projects .
last tuesday, huayi brothers and mainland lender ping an bank signed a 30 billion yuan (hk $ 36 billion) agreement for the bank to provide funds to back huayi' s overseas expansion plan and domestic tourism project .
huayi brothers said in a statement that the investment in studio 8 is part of its globalization strategy, though china will remain the company' s most important market .
originally founded in shanghai, huayi brothers media group is one of the biggest media groups in china. huayi brothers covers the business of movie production and publishing, record labels, celebrities management, advertising agencies, and fashion. in june 2011, huayi brothers media group collaborated with u. s. legendary pictures, llc and set up a new company to expand the overseas market for its films. < br / > < br / > as the new addition to huayi family, huayi brothers fashion group represents a strong spectrum of international supermodels, commercial top models, new faces, and celebrities in china including shu pei, ming xi, well - known actor daniel wu, etc. besides the model management, the company also focuses on the pr events, reality tv series, and the retail market. take advantage of huayi’s affluent celebrity resources to link with entertainment and fashion industries, huayi brothers fashion group purpose to be the leading fashion groups in china .
the ceo of china ’s largest privately held film firm, huayi brothers media corp, says he’s eager to “renew and deepen” his company’s cooperation with robert simonds’ stx entertainment .
last year, huayi brothers said it would invest upward of $ 120 million in a film venture lead by jeffrey robinov, an ousted warner executive; that deal also fizzled .
the regulatory statement from the shenzhen stock exchange - listed huayi brothers, which was mysterious in how little detail it contained, said that besides the distribution rights for greater china, including mainland china, hong kong, macau, taiwan and singapore, huayi brothers will also have global revenue share of the co - produced films. the pact will work through huayi' s u. s. unit, which it set up last year .
: huayi brothers media corporation was started in 1994 by brothers wang zhongjun and wang zhonglei, and overtime became one of the biggest studios in china. in 2011, it attempted to launch a joint venture with legendary pictures called legendary east, but it fell through the following year (legendary ended up partnering with china film group in 2013 instead, and would be acquired by wanda group in 2016). huayi brothers would partner with then new stx entertainment in 2015 .
in short, huayi brothers, which dennis wang and james wang have grown into the largest chinese company whose concerns are all entertainment (film, tv, gaming, animation, location - based entertainment), is making the russo brothers the drivers of its global ip expansion beyond china .
huayi brothers recently announced their plan to build east asian' s largest indoor film and tv studio complex in jiading district, shanghai. named huayi brothers culture city, the studio complex will occupy about 1, 000 acres and will cost around one billion yuan (us $ 152 million) to build. huayi has envisioned it as a cultural tourism destination that follows the universal studios / warner bros. model, incorporating film studios, public tours, and entertainment rides for china' s local movie industry. the new huayi brothers culture city will be within three hours' driving distance of china' s largest film studio to date, hengdian world studio in zhejiang province. as quoted by the hollywood reporter, an official of huayi brothers said ,
we feel the market is big enough to accommodate at least two studio facilities in the shanghai area .
huayi brothers is china' s leading independent tv and film production company, and it is best known for producing domestic blockbusters such as feng xiaogang' s aftershock, tony chan' s hot summer days, and stephen chow' s kung fu hustle. huayi brothers culture city will begin construction later this year .
the news landed in hollywood with a wait - and - see shrug. that is because chinese investors, in particular huayi brothers, now have a track record in the movie capital of arriving with a splash and then vanishing. a much - promoted deal between huayi brothers and legendary entertainment, a company behind hits like “godzilla” and “300, ” collapsed in 2013 .
leading chinese film studio huayi brothers said on monday that it would launch an animation division headed by veteran hollywood producer joe aguilar, formerly of oriental dreamworks and 20th century fox, as ceo .
like its peers in hollywood, huayi also runs theme parks and gaming content .
under the terms of the groundbreaking deal, huayi will co - fund, co - produce and co - distribute virtually all stx entertainment films through the end of 2017. huayi brothers will have global revenue share of the co - produced films, and will considerably strengthen its imprint in
also, huayi brothers is working with a new chinese helmer, cao baoping, on “the equation of love and death, ” which is being shot in yunnan province and stars mainland thesp zhou xun .
beijing - based film production company huayi brothers media corp. plans to invest up to $ 150 million in a new movie company from jeff robinov, the former president of warner bros. pictures group .
huayi brothers' 2014 - 2015 plan h includes movies featuring 26 top directors and producers, such as feng xiaogang, tsui hark and jackie chan, with whom huayi is making the historical epic dragon blade, which is set to release at the chinese lunar new year early next year .
: in the sky, we glide across a field of clouds. then, a tower of clouds rises up and the top starts to turn orange. the top then seperates and then blows away to reveal the huayi brothers logo, though in silver and now styled as
h. brothers
. and chinese characters .
. this agreement between huayi brothers and stx entertainment is a model for what can be achieved when great companies are determined to find the right formula to catalyze their success together. much more than a financial transaction, the partnership between huayi brothers and stx entertainment is a strategic alignment that will maximize the synergies inherent in each company' s unique skill sets and assets. and i must thank my friend and colleague
filmart: im global falls for romantic movie pair from china' s huayi bros .
wang was speaking ahead of the preem of “assembly, ” which the brothers are co - producing with korea’s mk pictures .
co - managed by wang zhonglei and his brother zhongjun and supported by hong kong tycoon li ka - shing and alliances with media asia, huayi brothers has emerged as the top private company in the chinese biz .
huayi brothers primarily invests and operates in three major business segments: the media and entertainment business including films, tv shows, and talent agencies; brand licensing business including movie communities, cultural cities and movie theme parks; and interactive entertainment businesses including gaming, new media and online distribution. in recent years, huayi brothers has been known for its forward - thinking and innovative philosophies and is widely considered as the pioneer and leader in
los angeles — huayi brothers media, a chinese movie company with international aspirations, has publicly linked arms twice in the last three years with a hollywood company only to have the deals fall apart at the last minute .
china’s biggest private - sector film company, huayi brothers, already is one of the country’s weightiest entertainment conglomerates and is planning to take things to a new level with a stock market listing and expansion into cinema chains .
the group also confirmed it would invest between $ 120 million and $ 150 million in studio 8, saying the stake purchase was an important step for huayi brothers to explore the hollywood market and develop an international strategy .
leading chinese private film and tv company huayi brothers is planning to sign a deal with an unnamed u. s. film company to jointly fund, shoot and release more than 18 films before the end of 2017 .
chinese film studio huayi brothers media has partnered with french mini - major gaumont to co - produce a chinese - language remake of french comedy the party (la boum, 1980), the first film to star sophie marceau .
huayi brothers' top 8 competitors are genfilms, crew connection, dmg entertainment, uitv, upstudios, douyu, xgentertainment and mar vivo studio. together they have raised over 188. 0m between their estimated 1. 0k employees .
huayi brothers said in a statement that it would invest $ 120 million to $ 150 million in robinov' s studio 8, and distribute the company' s movies in china. an official agreement has not yet been signed .
stx entertainment pacts with china’s huayi bros. to produce 12 to 15 pics a year | deadline
china’s huayi brothers media has teamed with “batman” producer michael uslan to launch a film and tv franchise based on the “thunder agents” comic book series. uslan announced the pact and the projects at a panel discussion during new york comic con this weekend. he and huayi, china’s largest private sector film conglomerate, later held [ … ]
( reuters) - chinese film production company huayi brothers media corp has closed a three - year deal with new hollywood studio stx entertainment to jointly finance, produce and distribute up to 15 movies annually by 2016, the companies said on wednesday .
film industry, with participation in all segments including film financing, production and distribution. partnership with stx is an important step as huayi brothers implements its international growth strategy and enters the u. s. film market. this agreement will also improve
huayi said it plans to announce additional hollywood hires for the startup animation unit in the coming weeks .
huayi brothers media corp. engages in film production, distribution and associated businesses, including; drama production, distribution, artists representation and agency and related services. the company was founded on november 19, 2004 and is headquartered in beijing, china .
the sim move follows the recent acquisition by huayi of a leading position in jiuhao health, a listed company in hong kong that will become a prime vehicle for huayi’s overseas expansion. jiuhao, which also counts chinese internet giants tencent and alibaba among its backers, is soon to be renamed huayi tencent entertainment. huayi said that it may prove useful to have a korean listed vehicle as well as hong kong investment vector .
the films produced by stx and huayi will be made for markets around the world, simonds said, with the hope that huayi will help secure distribution in china, which limits imports of foreign - made movies .
the china market is growing so fast, there' s no doubt a world - class entertainment company will emerge from china ,
wang, 54, said .
we hope huayi brothers can [ achieve that ] within three to five years .
the low - key executive was the center of the wheel and brought all these players together. simonds and tang had known each other for decades; tang had known huayi brothers dennis and james wang for 20 years. tang also was longtime friends with dominic ng, chairman / ceo of east west bank, which provided the financing component for the stx / huayi transaction .
huayi brothers media, china’s leading film studio, has bought a 26% stake in south korean talent management firm sim entertainment. making the investment through its music subsidiary, huayi is paying $ 19. 5 million (rmb127 million) for just over a quarter of sim, which listed its shares on the kosdaq exchange in september last year. sim represents [ … ]
huayi and disney have different approaches, but we share the same vision. that is to produce good movies and build solid brands. disney has its impact felt globally and huayi is making waves in china .
similarly, such major production companies as huayi brothers media and beijing baofeng technology have invested in businesses founded by actors. china' s box office sales jumped nearly 50% in 2015 to 44 billion yuan. funds are flooding toward the country' s biggest stars .
look at warner brothers. it has more than 100 years of history and is valued at us $ 40 billion. i believe we don' t need to wait that long to see [ huayi' s ] market value reach tens of billions of dollars .
he returned to china in 1994 and set up huayi brothers, then an advertising firm, with his younger brother wang zhonglei. four years later, he invested in a teleplay upon a former colleague' s advice; the move earned him more than 4 million yuan .
press release: huayi brothers: samuel l. jackson, michael cera and mel brooks lead an all - star voice cast for
blazing samurai
that also includes george takei, gabriel iglesias, aasif mandvi, djimon hounsou, mel b. and michelle yeoh, among others
the first film from stx and huayi, psychological thriller “the gift” starring jason batemen, will reach theaters in july .
huayi revealed it was also involved in backing two animated features from hollywood, which are due for release next year .
in comparison, huayi brothers media — which in 2014 recorded net income of $ 146 million — is valued at $ 7. 9 billion, while enlight media is worth $ 5. 98 billion and bona film group, which made $ 17 million, is worth $ 542 million .
so far, huayi brothers has signed deals with 13 cities and aims to build 20 such projects across the mainland. for each project, the company will receive 100 million yuan from the park developer for the right to use its trademark. it will also get a 10 per cent cut of profits .
huayi and its partners are targeting a 2018 release, with a director and casting announcements to be made later in the year .
“before we were involved in co - production but couldn’t enter the mainstream u. s. production and distribution chain. this time huayi has a good opportunity and we hope to make blockbusters like inception, ” said huayi founder and chief executive wang zhongjun .
hollywood has set its sights on the massive movie - going market in china but filmmakers in the world' s second - largest economy are stepping up efforts to carve a niche in the u. s. , says an executive at one of the country' s largest movie makers, huayi brothers media corp .
, chairman of huayi brothers, said in a statement that “u. s. film operations and chinese film operations are similar, the key is the talent. if you can get a hold of three famous directors, you will have the hope of being on the forefront of u. s. film companies .
huayi' s target is to produce seven to eight english movies a year, with a budget of $ 60 million per movie .
since last year, huayi has released four english movies with stx, including the gift, which beat expectations at the box office .
in the medium - term, huayi is targeting to make 10 english movies a year on top of 15 to 20 chinese movies .
“huayi are full partners at the table, engaged creatively and in business terms, ” said uslan in a speech at the u. n. uslan said he had spent two years engaging with huayi building trust, before attempting to thrash out the details of the financing and production deals .
s not just about capturing another large market but strengthening content making capabilities as well, said huayi chairman and chief executive officer, dennis wang .
china’s biggest private - sector film company, huayi brothers, already is one of the country’s weightiest entertainment conglomerates and is planning to take things to a new level with a stock market listing and expansion into cinema chains. “we’re pretty diverse right now in terms of entertainment with tv, film, artists representation, advertising and our music label. [ … ]
in april 2015, stx and huayi forged a three - year pact to co - produce and distribute 12 - 15 films per year. under the partnership, huayi collects a share in the global revenues of the slate. it also has the first right to distribute most stx movies in china .
the huayi private shareholders approved the deal at 1: 15 am pst today. noah fogelson and jordan lichtman were in - house counsel for stx .
• legendary pictures chairman thomas tull announced in june 2011 that he was forming a joint venture with huayi to co - produce movies in china. six months later, the companies parted ways. hull and his partners grew alarmed when huayi' s executives wanted to renegotiate terms of the deal, increasing its ownership stake from 10% to 25% , said one person with knowledge of the matter. huayi later teamed up with burbank - based stx entertainment .
huayi brothers, a publicly traded company in china, disclosed the new venture today and gave a picture of the ambition to its shareholders. it disclosed that huayi will contribute $ 250 million for operation, overhead, production development and ip acquisition in mainstream global english - language, franchise tentpole films to be distributed worldwide. it will commit $ 100 million in production funding as well. huayi brothers will have distribution rights in greater china and south east asia (including mainland china, hong kong, macau, taiwan, burma, thailand, vietnam, malaysia, etc), and has the right to exploit theme park construction, development and operation based on russo - generated projects. there also will be investments in television productions, which makes sense given the russos’ strong background in series including arrested development, community and happy endings. they won an emmy for directing the pilot of arrested development .
dreamworks is a great company. but in terms of market value, huayi is five times that of dreamworks at its peak ,
wang said .
while immediately establishing a prominent worldwide foothold in film production and distribution. as part of the pact, huayi will be granted a first look distribution deal in
, chairman of stx' s motion picture group added ,
we are thrilled that we have been so immediately embraced by the creative community, and feel fortunate to have attracted a number of outstanding projects involving high caliber filmmakers and talent. this agreement with huayi brothers allows us to take advantage of these opportunities and immediately broaden our plans in a meaningful and significant way .
huayi said described its role as “co - producer, investor and ip owner, ” adding that it will enjoy “a proportional share of the global revenues. ”
the establishment of an animation company signifies that the company will enter the animated movie industry with world - class production skills ,
huayi said in a statement .
huayi’s co - production journey to the west: conquering the demons was the highest - grossing film of 2013, with a $ 206 million box - office take .
in a vague regulatory filing with the shenzhen stock exchange on monday, huayi brothers said that it would co - produce, co - finance and distribute in china up to 18 movies with an unidentified united states film company. on tuesday a person with knowledge of the plan, speaking on the condition of anonymity to discuss still - private aspects of a deal, said the company in question was stx entertainment .
a regulatory statement from huayi doesn' t reveal the u. s. studio involved, but said the deal will revolutionize the international role of the chinese film business .
founded in beijing in 1994 by chairman & ceo mr. wang zhongjun and president mr. wang zhonglei, huayi brothers media group corporation is one of the largest ngo entertainment groups in china. it is the owner, producer and distributor of some of china’s most popular film and television productions, and leads the entertainment industry through highly innovative approaches to its film, television, talent agency, music and other businesses .
the venture doesn’t yet have a name, and its full - financing scheme is still in process. they’ve got seed money from china - based huayi brothers media corporation ($ 250 million to get up and running, and $ 100 million in production funding), and have made their first deal—the next film by unique swiss army man writing / directing team dan kwan and daniel scheinert, better known as the daniels .
china' s huayi brothers unveiled its annual slate on thursday of upcoming movies for 2014 - 2015 - - what the studio calls its “h - plan. ” the lineup signals bold ambitions for the chinese production company, with 32 movies outlined, including projects that will see the studio link up with johnny depp, brad pitt and keanu reeves, and a confirmation of its investment in the studio 8 venture with former warner bros. film chief jeff robinov .
it sets a good example that the intellectual property rights of good movies can be extended in theme parks … huayi' s idea of launching our own theme parks comes from disney, although we adopt a different model. our investments are smaller, but huayi will build 20 tourism villages in china; disney won' t be able to do that ,
wang said .
maybe one day i will have my own museum to display my collections ,
wang said .
will it become part of huayi' s business some day? very likely .
stx entertainment has just established itself as a force to be reckoned with. the company today officially sealed a deal with china’s largest privately held film firm, huayi brothers media corp, in a three - year pact that begins in 2016 for 12 - 15 projects per year. deadline understands the deal is to be structured as a revolving line of credit estimated at upwards of $ 1 billion for films to be co - produced and distributed with huayi. there are a number of titles that have already been approved, but have yet to be announced. although the relationship between the parties begins immediately, stx will not see its slate ramp up until next year .
china' s biggest private entertainment incorporation, huayi brothers, has achieved huge monetary success due to its long - term cooperation with feng xiaogang, one of the most successful chinese directors in the box office, as well as the large amount of well - known chinese stars under its contracts. last year, huayi contributed over 1. 7 billion yuan ($ 258. 68 million) to the entire chinese box office gross by producing several highly - successful commercial movies, including aftershock and if you are the one 2. earlier in march, the ceos, brothers wang zhong jun and wang zhong lei, disclosed in an interview with xinkuai newspaper that huayi bros. aims to hit a box office of 10 billion yuan in the next five to six years. huayi is making an
h plan ,
meaning
high hope
in 2011, which may extend to 2012. the plan includes ten films with high production value, such as feng xiaogang' s new film, wuershan' s painted skin 2, and projects by hark tsui and tom lin. in addition to encouraging young filmmakers, wang zhong lei says that they want to build a type of
film industrial system
that prioritizes content and invests in filmmakers with creativity. due to the huge marketing success of let bullets fly, wang says that huayi will invest more in marketing during this next period, specializing in different levels of marketing and publicity for each film. wang' s ambition to be the leader of an empire that integrates producing - distributing - releasing into one system is apparent .
exclusive: joe and anthony russo, who follow captain america: civil war with back - to - back sequels to the avengers, are in negotiations to strike a substantial production partnership with china - based huayi brothers media corporation. the goal here is to hatch a full - service production and financing company to ramp up after the avengers sequels and create english - language content for global distribution. the new company will aim to develop high - concept material that focuses on storytelling and strong characters .
in 2009, huayi - by this time a business empire covering film, television and music production, market promotion and cinema distribution - was listed on chinext, the nasdaq - style board in the shenzhen stock exchange .
making the investment through its music subsidiary, huayi is paying $ 19. 5 million (rmb127 million) for just over a quarter of sim, which listed its shares on the kosdaq exchange in september last year .
huayi will get involved in the political thriller john wick, featuring reeves, who shot his man of tai chi in china, and is also investing in the lionsgate action comedy mortdecai, with depp, who recently visited china .
his brother wang zhonglei, who is president of the company, said this was the 20 th anniversary of huayi’s foundation and over that time the group had earned $ 1. 5 billion (9. 2 billion yuan) .
tencent then entered into a strategic tie - up with hbo to become the pay - tv company’s sole distributor in china. quite interesting is that today launches some government controls in china over the internet via its regulatory authority sappfrt which is designed to limit foreign content on chinese video websites. however, think about this: since stx and huayi are in a strategic partnership and huayi has a sharing interest in stx film content, it seems that this limitation can be avoided for the most part .
deadline understands that this is a pure investment play, intended to broaden huayi’s reach outside of china and see it participate in a global slate. along the lines of a wanda / amc, china is not the focus of the partnership — in other words there is no mandate to make chinese movies. huayi, it is understood, will automatically invest in the titles that stx triggers. the planned model of $ 20m - $ 60m budgets will stick; and output deals are being established for international distribution .
so many american companies are coming to china, taking a certain percentage of our market share, yet they can still deliver billions of dollars of box office back home. i think companies like huayi and wanda do have the capital and experience to make english movies
unlike wanda, huayi said it is not looking at its own studios in hollywood to grow the company internationally. in 2014, the chinese firm had tried to invest in studio 8, a hollywood startup in 2014 run by former warner bros executives but the deal fell through .
huayi was a major investor in brad pitt and shia labeouf' s fury, and last year it was in the frame for a major capital investment in jeff robinov' s studio 8 venture, before the industrial conglomerate fosun stepped in with a $ 200 million capital injection .
the brothers currently are co - producing the $ 70 million “forbidden kingdom, ” “the diaries of john rabe, ” a $ 20 million movie about the man known as the “good german of nanking, ” a card - carrying nazi party member and siemens engineer who set up a red cross exclusion zone that protected tens of thousands of residents from the japanese onslaught during the rape of nanking in 1937 .
to that end, they have put a number of films into the pipeline: writer - director gary ross’ free state of jones starring matthew mcconaughey as newton knight who was the leader of one of the greatest rebellions in civil war history; a remake of the 2010 oscar best foreign language film the secret in their eyes with chiwetel ejiofor, nicole kidman and julia roberts; the psychological thriller the gift from producers rebecca yeldham and jason blum’s blumhouse with jason bateman, rebecca hall, and joel edgerton (who is making his directorial debut); and the horror film the boy from william brent bell (the devil inside). huayi brothers will now be stx’s partner on all of these films .
at the time, the companies said it was the first time that a chinese film firm would be involved in the entire process — from production to marketing to distribution. the first stx film huayi released in china was last year’s the boy. the agreement expires in the first quarter of 2018 .
wang has also made a foray into the online market. he has injected over a billion yuan in mobile internet game developers ourpalm - listed in the shenzhen exchange in 2012 - and guangzhou' s yinhan technology. in may, digital marketing firm guru online, in which huayi invested, went public in hong kong .
in addition, huayi will share in the global revenues of the slate and have a first - look distribution deal in china on most of stx’s films. according to the company, “the deal marks the first time that a chinese film company will be involved in the entire process — from production to marketing to distribution. ”
“taking into account such elements as the superhero concept, and the story of the united nations agents, we believe that this ip on a global scale have to have great commercial value, ” said james wang, co - chief of huayi. “it also creates the space that will allow us to integrate chinese elements as co - productions. ”
in november, huayi bros. , which saw its income from film decline 75 percent in the first nine months of 2014, said it planned to raise $ 588 million in a private placement, and technology giants alibaba and tencent bought a stake. it also signed a strategic agreement with alibaba on e - commerce, online entertainment and movie development .
this strong tie between stx and chinese investors comes as the country is poised to become the no. 1 market for theatrical films and svod. it has 1. 3 billion people and already has about 20, 000 movie screens. also interesting is that china’s biggest internet companies, alibaba and tencent have both taken 8% interests in huayi bros. entertainment .
logo: on a dark blue / blue graident background, we see a glowing, white
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huayi brothers & taihe film
and the chinese characters above it. the logo and text shine repeatably. fx / sfx: the text rotating, the ring of stars, the shining. the quality of the cgi is good for the time. music / sounds: a rising drone ending with 2 orchestral hits .
also partnering on the project is shanghai - based production company aim media, best known for the hit chinese reality series running man, and later film adaptation of the same name, along with the hit romantic comedy beijing love story. aim' s ceo li yaping will serve as a producer on the remake, along with huayi brother' s ceo jerry ye .
with hony, it had planned to put four films in the marketplace next year, then six the following year (2016) and then eight a year moving forward thereafter with an average budget of $ 40m on a marketing and distribution budget on average of $ 35m domestically. with huayi bros. now as a partner, stx entertainment ’s business plan has accelerated significantly .
huayi’s james wang told bloomberg over the weekend that — with their landmark three - year co - production and distribution deal due to expire in early 2018 — he wants to expand the relationship “beyond slate financing. ” the companies have held in - depth discussions about further investment and strategic collaboration, he added, although he did not provide specifics. deadline has reached out to stx for comment .
despite his bullishness on disney' s $ 5. 5 billion theme park in shanghai that will open in june, wang said it is unlikely that the american giant will be able to open any theme park in china in the medium - term as its investment in each park is large and its open - air concept limited by geography. huayi' s theme parks meanwhile leverage on local content .
according to an executive with knowledge of the huayi deal, stx will be able to greenlight “already approved” projects which are yet to be announced. it is already established that stx was going to develop product for the chinese market. tpg growth’s bill mcglashan, who lived in china for five years and has done business with the chinese for 25 years, told deadline at the onset that was the strategy .
. the studio, which was founded on the principle that mid - range wide appeal films were under - represented in the current landscape, was already on an aggressive track to produce, market and distribute 8 - 10 major motion pictures a year. this agreement with huayi allows stx entertainment to immediately greenlight additionally identified projects and to increase their release schedule to 12 - 15 films a year by 2016 .
• beijing - based film company huayi bros. media corp. announced last year that it had agreed to invest as much as $ 150 million in studio 8, the production company launched by former warner bros. executive jeff robinov. but the sides couldn' t come to terms, and the partnership never materialized. shanghai - based conglomerate fosun international later signed a deal to invest in robinov' s company .
uslan announced the pact and the projects at a panel discussion during new york comic con this weekend. he and huayi, china’s largest private sector film conglomerate, later held a launch party at the united nations, which is also a partner on the package, along with florida firm cea group, and graphic novels house idw publishing. united nations secretary general ban ki - moon provided a skit by video link .
that project never played beyond festivals—the brothers set the film to specific music, whose rights they didn’t secure and couldn’t afford. luckily, soderbergh saw it at slamdance and took them under his wing, backing their first released film, welcome to collinwood. well, it wasn’t much of a release; the auteur put the picture through the warner bros. deal he and george clooney’s now - defunct section eight had at the time. the $ 7 million movie played in 12 theaters and grossed $ 300, 000, but it was a calling card to tv series work including arrested development, community and happy endings, and paved the way for features .
the talks on the stx / huayi partnership began last october in beijing. tang told deadline that this transaction is really part of a bigger picture, a strategic alignment for both parties. “this transaction is part of a deeper strategy. it’s a strategic financing arrangement that will bring stx into a collaboration with major players in china, ” he said. in other words, this is clearly a first step in what will be a deeper series of strategic alliances .
5th logo (2014 -) nicknames :
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“it’s very satisfying to see a deal of this size come to fruition, ” said attorney lindsay conner at manatt, phelps & phillip, who led the legal team for huayi bros. in the u. s. “i believe it represents an increasingly close partnership between hollywood and china. both sides of the pacific understand the benefits of working together in what is clearly a global film business. ” manatt’s sophia yen and kiley wong were the other attorneys on the team .
the russos have a chinese studio, anthem and song, but that is a separate entity from the new deal. it is a good time from the siblings from cleveland, whose second captain america film for marvel studios and disney became the fifth - highest - grossing domestic release ever. it also grossed just under $ 200 million in china. the avengers films — the first is titled the avengers: infinity war — are set for release may 2018 and may 2019. the russo brothers are also producers on stx entertainment’s 17 bridges, fox’s sex castle and fox 2000’s space runner, and they joined creed ‘s michael b. jordan as producers on mgm’s planned remake of the thomas crown affair. they recently announced a tv series based on the classic walter hill - directed pic the warriors, which will be a paramount television production, also in association with getaway productions .
this deal marks yet another chinese player who has reached into hollywood. hony capital is already invested in stx. fosun international, the largest privately - owned conglomerate in mainland china, invested last year in jeff robinov’s studio 8 to produce 24 films over five years (huayi had previously held talks with studio 8 and also lionsgate .) dalian wanda, a leading chinese conglom, acquired amc entertainment holdings for $ 2. 6b in 2012. last month dmg entertainment (which co - produced and co - financed marvel studios’ iron man 3) grabbed hold of valiant comics in what they said was an eight - figure series c round of equity investment deal for international business development with an additional nine - figures in film financing capital to be used for production of film and television projects .
hollywood executives have learned to greet news of a partnership with chinese firms with a degree of skepticism. above, audiences in china watch a 3 - d showing of “transformers: age of extinction. ” (chinafotopress / getty images )
hollywood talent agent jeff berg flew to shanghai last summer to celebrate one of his biggest deals — a partnership with chinese investors in resolution, his new agency in century city .
two hundred business executives, government officials, actors and journalists gathered at the swank hotel shangri - la to mark the occasion. celebrities posed for photographs. guests dined on roast duck, fish and other dishes as a giant digital screen displayed the companies' logos .
four months later, the deal collapsed. the millions of dollars promised by bison capital never materialized, and berg was forced to shut the agency down .
as hollywood increasingly looks to china as the new frontier, berg' s experience serves as a cautionary tale .
while the entertainment industry eyes china as a source of capital and customers, interests there often approach the relationship with a very different agenda, according to studio executives and others who have sought partnerships in china .
some investors are more interested in appearing to be in business with hollywood than in putting serious money into deals, these people say — to boost their stock prices or profiles. (american studios also like to be seen to be doing deals in china. )
in other cases, entertainment industry leaders say, chinese companies are looking to learn strategies and techniques to make their own film industry a stronger competitor .
making money is not necessarily the most important thing right now — it' s to learn the industry. because most people in china will tell you there isn' t an industry the way there is in hollywood ,
said stanley rosen, a political science professor at usc and an expert on china .
they want to learn everything they can about the business until they don' t need you anymore.
huayi brothers media corp. ( chinese : 华谊兄弟传媒股份有限公司 ; pinyin : huáyì xiōngdì chuánméi gǔfèn yǒuxiàn gōngsī ) is a chinese entertainment company that owns a film studio , a television production company , a talent agency , a record label , and a movie theater chain founded in beijing by brothers wang zhongjun and wang zhonglei in 1994 . the company made world news on october 30 , 2009 when the shenzhen stock exchange chinext board was halted , after hbmc 's stock price more than doubled by 122.74 percent from its ipo price , to open at 63.66 yuan per share . patrick frater of variety called it " china ’s largest private sector film conglomerate " . in 2014 , the company was the seventh-largest film distributor in china , with 2.26 % of the market . 
huayi brothers media corp. (chinese: 华谊兄弟传媒股份有限公司; pinyin: huáyì xiōngdì chuánméi gǔfèn yǒuxiàn gōngsī) is a chinese entertainment company that owns a film studio, a television production company, a talent agency, a record label, and a movie theater chain founded in beijing by brothers wang zhongjun and wang zhonglei in 1994. the company made world news on october 30, 2009 when the shenzhen stock exchange chinext board was halted, after hbmc's stock price more than doubled by 122.74 percent from its ipo price, to open at 63.66 yuan per share. patrick frater of variety called it " china ’s largest private sector film conglomerate ". in 2014, the company was the seventh-largest film distributor in china, with 2.26% of the market.
huayi brothers media corp. (chinese: 华谊兄弟传媒股份有限公司; pinyin: huáyì xiōngdì chuánméi gǔfèn yǒuxiàn gōngsī) is a chinese entertainment company that owns a film studio, a television production company, a talent agency, a record label, and a movie theater chain founded in beijing by brothers wang zhongjun and wang zhonglei in 1994. the company made world news on october 30, 2009 when the shenzhen stock exchange chinext board was halted, after hbmc's stock price more than doubled by 122.74 percent from its ipo price, to open at 63.66 yuan per share. patrick frater of variety called it " china ’s largest private sector film conglomerate ". in 2014, the company was the seventh-largest film distributor in china, with 2.26% of the market.