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Philippines’ Fire and Ice Strikes Twin Deals With Potocol, ‘Inside the Yellow Cocoon Shell’ Producer (EXCLUSIVE)

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variety.com

Patrick Frater Asia Bureau Chief Recently-established Philippines-based production and financing company, Fire and Ice, has deals to provide completion funding to two films being produced by prolific Singapore-based independent producer Potocol.

Under a related agreement, Fire and Ice has also struck a multi-faceted first-look deal with Potocol. The completion funding, which gives Fire and Ice a share of the film’s equity, will permit the completion of post-production of upcoming Potocol titles: “Pierce,” a sports drama by Nelicia Low, and “Last Shadow at First Light,” by Nicole Midori Woodford.

Both films were recently showcased at Focus Asia’s Far East In Progress, part of the Far East Film Festival in Udine, and are expected to be completed before the end of the year.

The first-look agreement covers titles on Potocol’s slate including a project by Rafael Manuel, winner of a Silver Bear in Berlin in 2020 for his short film “Filipinana,” and another by cinematographer Russell Morton who recently shot Kenneth Dagatan’s Sundance hit “In My Mother’s Skin” and “Tomorrow Is a Long Time.” Potocol is headed by Jeremy Chua and in relatively its short history has amassed more than a dozen film credits including: “Rehana,” a Bangladesh film that appeared in Cannes Un Certain Regard section in 2021; Jow Zhi Wei’ 2023 Berlin Generation film “Tomorrow Is a Long Time”; Makbul Mubarak’s “Autobiography,” which debuted last year in Venice and has since had a stellar festival career; and “Inside the Yellow Cocoon Shell,” which debuted earlier this week in Cannes’ Directors’ Fortnight section. “We are riding on the Southeast Asian New Wave in the global film industry where more coproductions are happening among Southeast Asian

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