U.K.- as well as Hong Kong-based business Phoenix Waters Prods. has actually officially partnered with Hong Kong’s Agog Films to develop Phoenix Waters Asia, a brand-new endeavor targeted at enhancing web content manufacturing in Asia.
The endeavor was introduced on the sidelines of a movie financial investment seminar held Tuesday in Hong Kong at the FilMart civil liberties market, where Phoenix Waters Prods. Chief Executive Officer Bizhan Tong was an audio speaker.
Both firms formerly worked together on “Chungking Mansions,” an enthusiastic pan-Asian activity movie on which Tong is supervisor, as well as where manufacturing was formerly set up for in 2014. Tong informed Variety that lensing will certainly begin later on this year, “after address any kind of problems that might impede shooting in Hong Kong.”
Phoenix az Waters Asia anticipates to establish and also generate a complete slate of brand-new jobs beginning this summer season. It will certainly broaden from its present emphasis in Hong Kong to integrate added Asia areas, starting with Japan as well as Korea.
Activity thriller “Hostage Crisis” is anticipated to be component of the brand-new slate. It will certainly include Hong Kong stars together with a set of U.S. and also U.K. thespians.
Phoenix Metro Waters’ Tong as well as Agog Films CEO Guy Orlebar will collectively run Phoenix Waters Asia as co-CEOs, with Tong likewise running as primary material police officer and also Orlebar as primary financial investment policeman.
Tong will certainly likewise sign up with Orlebar to co-manage the 3 media funds via a property administration business in Hong Kong, reinforcing the funds’ capability to resource extremely varied slates of media tasks from throughout the area.
The funds– New Asia Ferrell Discretionary Media Project Fund, New Asia Ferrell Non-Discretionary Media Project Fund and also New Asia Ferrell Media Infrastructure PE Fund– were very first revealed in 2014. The initial 2 funds purchase real motion picture as well as television tasks. The 3rd fund spends right into firms straight, instead of tasks. (Additionally, the optional fund is created from incorporating the activity, sci-fi and also IP funds that was revealed one year previously.)
Tong, a previous lender transformed filmmaker, is presently in post-production on both his main Asian remake of Richard Linklater’s “Tape” as well as Mitchell Tolliday’s approaching scary funny “Murder Ballads.” His brand-new criminal offense collection “Forensic Psychologist” is presently being advertised at FilMart and also is to be launched later on this year.