Pedro Almodovar to Head Cannes Festival Jury

Spanish director, Pedro Almodovar is set as the president of the jury that will judge the main competition at this year’s 70th edition of the Cannes film festival. The announcement was made Tuesday by the festival via social media and on its own website. “For its 70th edition, the Festival de Cannes is delighted to... Read more » SOURCE: Variety - Read entire story here. [Read Entire Story]

China Box Office: ‘Arrival’ Lands on Top of Deathly Quiet Weekend

Putting on a desperately unconvincing performance, newly released sci-fi drama “Arrival” landed on top of the Chinese box office over the Jan. 20-22 weekend. It topped the chart on only one of those three days, Friday, and limped to a total of just $7.49 million. Returning for its second week, “Passengers” was on top of... Read more » SOURCE: Variety - Read entire story here. [Read Entire Story]

China’s LeEco Raises $2.18 Billion from Property Investor

China’s cash-strapped LeEco group, which has made major pushes into entertainment and technology, has raised $2.18 billion of fresh capital. The cash injection comes from diversified Chinese property group Sunac. Sunac is making the investment through its listed Hong Kong offshoot Sunac China Holdings. And it is proposing to take stakes in three separate units... Read more » SOURCE: Variety - Read entire story here. [Read Entire Story]

Japan Box Office: ‘Resident Evil,’ ‘Yokai Watch’ Sequels Share Holiday Honors

TOKYO – “Resident Evil: The Final Chapter” took $2.5 million on 186,000 admissions to be the highest earner in Japanese theaters over the three day holiday weekend. (Local charts show which count admissions rather than revenue, place it second.) As of Jan. 9 the film has made $28.5 million, compared with the $33 million final... Read more » SOURCE: Variety - Read entire story here. [Read Entire Story]

Amazon Prime Inks Content Deal With India’s Ultra Media

MUMBAI — Amazon India’s Prime Video service has added to its already considerable Bollywood content by signing a deal with Indian home video outfit Ultra Media & Entertainment. Subscribers will be able to access some 300 Ultra titles including “I am Kalam,” “Damini,” “Mann” and “Himmatwala.” Amazon has existing deals with Bollywood players T-Series, Dharma... Read more » SOURCE: Variety - Read entire story here. [Read Entire Story]

Stanley Kwan Readies Biopic of Literary Star Sanmao

Hong Kong director Stanley Kwan is planning a film on late Taiwanese author Sanmao, with production intended to take place in 2018. Kwan revealed the plan to Variety while serving jury duty at the inaugural International Film Festival & Awards Macao, which runs until December 13. The director is one of the five-member international jury... Read more » SOURCE: Variety - Read entire story here. [Read Entire Story]

IFFAM: Miike Takashi Sings Hong Kong’s Praises at ‘Cappricio’ Premiere

Hong Kong remains a charming “character” for global film audiences, despite the change in government and recent political turmoil, says Japanese director Takashi Miike. The maverick filmmaker landed Macau on Friday night for the world premiere of his latest offering “The Mole Song – Hong Kong Capriccio” at the inaugural International Film Festival & Awards Macao... Read more » SOURCE: Variety - Read entire story here. [Read Entire Story]

SGIFF: Simon Yam Declines Hollywood Move, Wants Asian Stories Told

SINGAPORE — Veteran Hong Kong actor Simon Yam has turned down multiple offers to move to Hollywood, where he is known for his role in “Lara Croft Tomb Raider: The Cradle of Life.” Yam, who received the 27th Singapore International Film Festival’s Cinema Legend award on Saturday, revealed this during an In Conversation event at the festival... Read more » SOURCE: Variety - Read entire story here. [Read Entire Story]

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