Korea Box Office: ‘Five Nights at Freddy’s’ Opens on Top, as ‘The Hunger Games: The Ballad of Songs and Snakes’ Struggles

Patrick Frater Asia Bureau Chief South Korea’s two largest streaming services, Tving and Wave, are in advanced merger talks, according to Korean financial news media. The move appears intended to strengthen the home-grown platforms, which currently trail streaming market leader Netflix. The Korean Economic Daily reported Wednesday that CJ ENM, the largest shareholder in TVing, and SK Square, the biggest backer of Wavve, could strike an agreement as early as next week.

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 Television Broadcasts (TVB), long the dominant free-to-air TV operator in Hong Kong is to dismiss 300 staff, or 8% of its already reduced workforce, in a further cost cutting move. The company said in a regulatory filing on Monday that it will shed 200 staff from its program production operations, merge two of its five channels and reduce its Zstore e-commerce business, with the loss of an additional 100 jobs. The moves, some of which require regulatory approval, are the second staff reduction to be announced this year. In March, TVB cut 255 employees, taking its headcount to 3,600 as of June.TVB is proposing to merge its J2 channel (offering content and programs aimed at a young audience) with its TVB Finance, Sports & Information channel and to create TVB+.

Patrick Frater Asia Bureau Chief The Philippines’ ABS-CBN is to launch its new series “The Bagman” at next month’s ATF market in Singapore. Series star Arjo Atayde will attend as part of the promotional team. “The Bagman” is a spin-off from the original, locally-produced digital series “Bagman” that was aimed at the Filipino audience.

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 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 Mirror, the Hong Kong boy band that shot to fame in 2018 but had its live career cut short by a tragic on-stage incident, will return to in-person live performances in January. The 12-piece band will play 16 shows at the Asia World Expo auditorium, one of Hong Kong’s largest venues, as part of their ‘Mirror Feel the Passion Concert Tour 2024.’ They will perform Jan. 15-17, 19-22, 24-27, 29-31, and Feb.

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 BTS, the biggest act in K-pop and one of the world’s hottest contemporary music acts, will be forced into hiatus through 2024 and much of 2025 after it was confirmed Wednesday that four band members — RM, Jimin, V and Jung Kook — will imminently enlist in the Korean military. The four follow Jin, who enlisted in December last year, J-Hope (April) and Suga, who have already begun their mandatory military service. The news was announced by Big Hit Music via social media.

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 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 Leading Japanese indie film company Gaga Corporation has seen a controlling share stake sold to Genda Inc., a fast-moving entertainment conglomerate with its roots in arcade gaming. Genda is buying the 78% share holding owned by Gaga chairman Tom Yoda’s T.Y. Limited company.

Patrick Frater Asia Bureau Chief Blackpink, the multinational female music act that is the biggest girl group in the Korean pop (K-pop) firmament, may finally be close to renewing its collective contract with YG Entertainment. The news was widely reported in Korea on Monday and comes after months of speculation that the four-piece act – Jisoo (real name Kim Ji-soo), Lisa (Lalisa Manobal), Jennie (Kim Jennie) and Rose (Roseanne Park) – would take their acts to another shop. Blackpink’s previous contracts with YG expired in August. The Munhwa Ilbo (or Culture Daily) publication Monday claimed an exclusive with the information that Blackpink will re-up with YG, but the four individuals will not renew their exclusive contracts with the agency.

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 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.