Following its investment in Beijing-basedChengtian Entertainment,
Chen, who most recentlydirected big-budget fantasy epic ThePromise, is developing a film based on the life of legendary Chinese operasinger Mei Lanfang who provided inspiration for the director's award-winning Farewell My Concubine. The $10m project isscheduled to start shooting early next year.
Apple, directedby Li Yu (
The new outfit plans to co-developand co-produce films with other Asian partners, with a focus on projects thatcan cross borders and also work in
"We've grown as much as wecan in
Avex announced last monththat it's acquiring a 20% stake in Beijing-based talent agency and productionhouse Chengtian Entertainment. It also plans to set up a music-oriented jointventure with the company.
Avex is also investing indomestic Japanese productions such as BlueWolf: The End Of The Earth And Sea, the $20m Genghis Khan biopic producedby Haruki Kadokawa. Head of acquisition Ken Umehara is also acquiring Japaneserights to non-Asian product such as Stephen Frears'