Hong Kong’s telecom and media conglomerate PCCW, producer Terence Chang’s Abundance Entertainment and Tomson International Entertainment are setting up a joint venture Asian talent business, ATN Talent Management Ltd.

Terence Chang [pictuerd], the producer who has produced most of John Woo’s films; Albert Tong, CEO of Tomson International Entertainment and son of well-know Taiwanese actress Hsu Feng; and Ho Lai-chuen, PCCW Media’s TV & New Media’s Executive Vice President have announced the joint venture at a press event held in Beijing.

The new venture has now recruited more than a dozen talents from Hong Kong, Taiwan, China and South Korea, including Korea’s So Ji-sub (Rough Cut, Sophie’s Revenge), Song Hye-kyo (The Grandmasters), who will star in John Woo’s new drama 1949; Hong Kong action stars Chiu Man-Cheuk (True Legend), Jimmy Wang (Wu Xia), new actors Denny Huang and Peggy Tseng from Taiwan and mainland new talents Yang Zishan, Zhou Hong and Chinese filmmaker Faye Yu (Eternal Beloved).

“As the entertainment business continue to integrate in East Asia, we feel the need to combine the strength of the three companies and to provide a more international talent management service for the talents in the Chinese speaking world and Asia,” said Ho Lai-chuen from PCCW.

Hong Kong and Beijing-based producer Laura Fu is appointed as CEO of ATN Talent Management.

This joint venture is PCCW’s another investment in talent management after investing Hong Kong and Taipei-based music talent management company MN Wingman in 2007.  ATN is also Tomson’s second entertainment investment in 2011, after backing Tom Lin’s Starry Starry Night.

In March, Tomson signed first-look deals with John Woo and Terence Chang’s Lion Rock Productions, and Abundance Entertainment.