Frater Asia: Last News

Patrick Frater Asia Bureau Chief Fish out of water comedy film “Jonny Keep Walking” climbed to the top of the mainland China box office in its second weekend on release. Previous winner, “Shining for One Thing” dimmed quickly and tumbled to fifth place. The first weekend of the new year and following a welter of Christmas-New Year releases, the latest weekend represented a reordering of holdover titles, rather than a session with an injection of significant fresh movies. “Jonny,” in which a man from the countryside struggles to hold down a corporate job in a big city, earned $22.4 million (RMB159 million) from Friday to Sunday, according to data from consultancy Artisan Gateway.

Patrick Frater Asia Bureau Chief Disney animation film, “Wish” topped the South Korean box office on its opening weekend. It toppled local epic “Noryang: Deadly Sea,” which had dominated over Christmas and New Year. “Wish,” which has slowly been rolling out worldwide since a late November start in North America, made a respectable $3.29 million debut between Friday and Sunday according to data from Kobis, the tracking service operated by the Korean Film Council (KOFIC). After five days on release in Korea, it has garnered $4.57 million. “Noryang,” which released on Dec.

Patrick Frater Asia Bureau Chief “I don’t find the definition of Chinese filmmakers by generation to be a useful tool,” said Marco Mueller, introducing dark satire “The Movie Emperor” as the opening film of the first edition of his Festival of Young Cinema (Asia-Europe) in Macau on Friday. “Much more interesting is the concept of exchange between new and old and between East and West.” “The new forces of Chinese cinema are present and participating.

Patrick Frater Asia Bureau Chief Choi Min-sik, the veteran Korean actor who previously starred in “Oldboy” and Korea’s all-time box office record breaker “Roaring Currents,” heads the cast of upcoming mystery-thriller film “Exhuma.” The title, which will debut in Korean theaters in February, also released its first-look images and an atmospheric trailer. Choi appears as an exorcist who unleashes unexpected supernatural forces. According to a synopsis supplied by Showbox, “A wealthy family living in Los Angeles calls on a pair of young shaman, played by Kim Go-eun and Lee Do-hyun, to save their newborn child after they are visited by a series of paranormal events. [The shaman duo] senses that the dark shadow of an ancestor has latched on the family, a so-called ‘Grave’s Calling’.

Patrick Frater Asia Bureau Chief Chinese director Huo Meng, Taiwanese actor Lee Hong-chi and Macau-based Maxim Bessmertny are among a dozen emerging East Asian talent who will present feature film projects and works in progress at the Festival of Young Cinema (Asia-Europe). The inaugural edition of the festival, running Jan.

Patrick Frater Asia Bureau Chief Korean film and TV director Kim Hong-sun has signed with U.S. talent agency Creative Arts Agency (CAA) for representation. A prolific director and producer, Kim specializes in genre television, including action, thrillers and horror.

Patrick Frater Asia Bureau Chief Hong Kong saw “A Guilty Conscience” become the highest-grossing film of all time at its local box office. But the wider cinema market in Hong Kong remained stuck far below pre-pandemic levels. Data from Hong Kong Box Office Limited, a joint venture between Motion Picture Industry Association (MPIA) and the Hong Kong Theatres Association, showed annual cinema revenue of HK$1.43 billion ($184 million) in 2023. That was a 25% improvement on 2022, when the industry was battered by on-off closures due to government COVID-control measures, and managed only HK$1.14 billion ($146 million).

Patrick Frater Asia Bureau Chief Chinese-produced movies took all of the top ten chart places at the China box office as theatrical revenues in 2023 rebounded strongly. Gross revenues reached an annual total of RMB54.9 billion or $7.73 billion. That was an 83% improvement on the previous year, according to data from China Film Administration, but still 14.5% adrift of 2019, the last pre-COVID year, when grosses hit RMB64.3 billion.

Patrick Frater Asia Bureau Chief A strong December for local films helped make up for an otherwise miserable 2023 at the South Korean box office – previously the fifth largest cinema territory worldwide. And while theatrical markets in other major territories have recovered to reach at or near pre-pandemic levels, Korea finished 44% below 2019. Data from the Korean Film Council’s Kobis tracking service showed annual gross revenues of KRW1.261 trillion ($964 million at Jan 2024 rates of exchange) in 2023. That represented a gain of 9% on 2022, but it was far below the KRW1.91 trillion ($1.46 billion) recorded in 2019, the last pre-COVID year. The bleak trend was mirrored in terms of attendance or ticket sales, which remains the country’s preferred performance measure.

Patrick Frater Asia Bureau Chief Asia’s video industry is set to grow by an annual 2.6% over the next five years to reach $165 billion by 2028, says a new study from research and consultancy firm Media Partners Asia. That follows 5.5% growth in 2023. The firm’s “Asia Pacific Video & Broadband Industry 2024” report spans a widely-defined cluster of free TV, pay-TV, SVOD, premium AVOD and user-generated content and social video in 14 Asia-Pacific countries and territories.

Patrick Frater Asia Bureau Chief Mbongeni Ngema, a distinguished South African musician and creator of the musical “Sarafina!,” died on Wednesday in a car accident. He was 68. “Ngema was killed in a head-on car accident while returning from a funeral he was attending in Lusikisiki in the Eastern Cape this evening,” his family said in a statement to the Associated Press.

Patrick Frater Asia Bureau Chief Liam Neeson-starring “Honest Thief” has secured a multi-platform streaming release in mainland China. It launches on SVOD platforms on Christmas Day (Dec.

Patrick Frater Asia Bureau Chief “If you really missed not seeing us on screen together, then ‘The Goldfinger’ is your opportunity to do so,” says Hong Kong superstar Andy Lau of his new crime movie where he is again paired with Tony Leung Chiu-wai (“In the Mood for Love”). The film releases at the end of the month in different parts of Asia and North America (from Dec. 30).

Patrick Frater Asia Bureau Chief Just when players and investors had begun to believe that China was finished with major new regulations to the games industry, regulators have announced proposals for more curbs. The draft regulations, proposed by the National Press and Publication Administration appear to focus on in-game spending. The proposals revealed on Friday hit the shares of Chinese gaming giants Tencent and NetEase and dented those of other companies with operations n the Chinese market.

Patrick Frater Asia Bureau Chief Mark Francis, a veteran TV and streaming executive in Asia, has joined Indonesia’s Vidio streaming platform as its chief content officer and strategy officer. The appointment comes as the platform repasses 4 million subscribers and reclaims a lead in the Indonesian streaming market. Based in Jakarta and reporting directly to CEO Sutanto Harton, Francis is expected to oversee the freemium streamer’s content strategy and programming.

Patrick Frater Asia Bureau Chief Really, a company that creates augmented reality content for theatrical release movies has hired veteran media executive Peter Gaida as its chief commercial officer in Asia Pacific. The appointment is part of a wider expansion into Asia by the AR company. Founded by media entrepreneur James Andrew Felts in 2017, Really creates “highly functional, large-scale AR content” that it delivers weekly.

Patrick Frater Asia Bureau Chief It seems Hollywood’s “sequel-itis” has reached China’s box office too. Despite the country’s dramatic overnight removal of COVID restrictions in December 2022 and film imports quickly restarting with the triumphant debut of “Avatar: The Way of Water,” Hollywood’s new normal in the Middle Kingdom bears little resemblance to its pre-pandemic status. During the three-year disruption of 2020-22, caused by the pandemic and soured U.S.-China diplomatic relations, few Hollywood films — and no Marvel titles — made their way onto Chinese screens. But if Hollywood studios read the $240 million-grossing “Avatar 2” feeding frenzy as a sign that pent-up Chinese demand for their sequels and superheroes slate might continue throughout 2023, they were sorely disappointed. In the world’s second-largest box office territory, with a cume to date of $7.3 billion, the market share for all imported films in China has crashed, standing at less than 15% at the beginning of December. Hollywood films’ share is just 12%, consultancy Artisan Gateway calculates. This month, “Napoleon” and “Wonka” have continued the trend of dismal flops, with $5 million and $3 million opening weekends, respectively. The slump is particularly disappointing given that the Chinese authorities that carefully control the film industry have this year made several moves designed to put Hollywood releasing back on the rails.

Patrick Frater Asia Bureau Chief After making a partial post-pandemic recovery, global cinema box office is expected to retreat again in 2024, as the twin writers’ and actors’ strikes of 2023 are forecast to have a negative impact on theatrical revenues. Box office research firm Gower Street Analytics, in a preliminary draft of its annual forecast, says that worldwide cinema box office should weigh in at $33.4 billion for 2023.

Patrick Frater Asia Bureau Chief Production is underway on “Kangaroo Island,” the feature film debut from Australian director Tim Piper and screenwriter Sally Gifford. The family relationship drama-comedy centers around a struggling Hollywood actress forced to reunite with her sister as part of her father’s last wishes. It stars Rebecca Breeds (“Clarice,” “CAUGH*T”), Erik Thomson (“Aftertaste,” “Black Snow”), Adelaide Clemens (“Justified: City Primeval,” “Under The Banner of Heaven”) and Joel Jackson (“Mystery Road,” “Safe Harbour”).

Patrick Frater Asia Bureau Chief Static Waves, a Netherlands-based channels and content distribution company, has teamed with Korea’s Arirang TV to launch K-Wave, which they claim will be the world’s first free ad-supported television (FAST) channel dedicated to Korean popular music (K-pop). K-Wave will launch in January in the U.S. Europe and Asia via Zeasn, a platform which distributes to TCL, HiSense TV+ and Vestel brands of connected TVs pre-installed with Zeasn’s Whale OS. Its content will include: original series, live concerts, documentaries on K-pop stars, music and fashion trends, dance instruction videos and behind-the-scenes clips. To propel its Korean expansion, Static Waves has established a local business entity, Static Waves Korea, based in Seoul.

Patrick Frater Asia Bureau Chief Chinese-made crime drama, “Endless Journey” opened on top of the mainland China box office on a weekend with three new releases in the top five. The Wanda Pictures and Alibaba title earned $20.5 million (RMB146 million) between Friday and Sunday, its official opening weekend, according to data from consultancy Artisan Gateway. Together with previews from the week earlier, it ended the weekend with a cumulative total of $34.5 million (RMB245 million).