Speaking at Filmart'sSeminar On Film Financing yesterday, the director said the commercial realitiesof mounting large-scale
According to JooickLee of
"Five percent ofChinese directors take all the money and the rest are suffering because all themoney is drained out -
And producer BillKong, mid-way through shooting the $35-$40m Untitled Zhang Yimou Project withChow Yun-fat and Gong Li, acknowledged the problem.
He told Screen: "Thebig budget films do draw talent which small films need - if you have Andy Lauand Tony Leung making two films a year, it's difficult to get them to make asmaller film.
"But the flip side isyou are getting more investment in big budget films than ever before - up from1-2 per year to five-to-six."
According to Chan,with the current
While "aChina-centric and China-driven market is the future," said Chan, 2005 wasprobably the worst year ever in
"Foreign feeds offChina, and China makes its films from foreign," said Chan, meaning there was arole for a "seasoned" Hong Kong industry to "put these projects together withthe interests of the Chinese market as a major perspective," a view echoed byBeijing Polybona Film Publishing's Yu Dong. Other panel speakers includedStandard Chartered Bank's Susan Ho, Fortissimo co-chairman Michael Werner andEntertainment Farm's Yakushi Kotani.