New York- and Shanghai-based sidestep fund, Han Capital Management, founded by John Liu, has lifted $500M to financial Chinese film and TV projects. This comes after an initial $200M was earmarked by Han Capital in early Feb to financial sister association Han Pictures Media Corp’s in-house and outmost productions. Liu is a former Citigroup and SAV Capital Management exec who is also CEO of Han Pictures. That organisation recently identified a initial dual projects, one a $65M WWII drama, and a other a $35M TV series.
The party fund’s initial idea is to assistance finance, produce, rise and discharge 15 comforts by 2017 with budgets of as most as $150M. Han Pictures is aiming for tellurian audiences drawn to China specific stories, Liu has indicated.
The $65M 3D In The Times Of Locusts has A-list U.S. directors and writers in negotiations, per Han Pictures. This is a “untold story” of a issue of a Doolittle raid on Tokyo in 1942 that saw a Japanese Army retort opposite Chinese soldiers and civilians. Liu said, “Long-forgotten companion annals detected in a repository of DePaul University for a initial time strew critical new light on a border to that a Chinese suffered in a issue of a Doolittle raid. The perplexing times of a part of story and life and genocide fake lifelong indebtedness and friendships between Americans and a people of China.”
The 12-episode Empress Of Tang also has A-list U.S. directors and “a group of tip U.S. writers” in negotiations, Han Pictures pronounced progressing this month. Described as an “intense” Chinese play with elements of Starz’ Spartacus and HBO’s Rome and Gladiator, Empress Of Tang will concentration on a life and times of China’s usually womanlike Emperor, Empress Wu, who led a Middle Kingdom during a Zhou Dynasty (684-705). Han Pictures wiill manage with Chinese state broadcaster CCTV.
Other projects on Han Pictures’ line-up embody movement journey China’s Indiana Jones; movement drama, Plant Hunter; crime play Deadly Strike; and batch marketplace pile-up crime thriller Barbarian.
The association also says it is building a sci-fi authorization to flog off with Gargantuan, a $100M 3D Godzilla-meets-San Andreas. U.S. and China talent will feature, and pronounced Han in a press recover this month, a authorization could be tied-into characters from a Transformers star in a 3rd installment.
Han Pictures says it will use Chinese prolongation comforts like Wanda Studios Qingdao and China Film Group Studios in Beijing, as good as other tellurian hubs.
Liu said, “We are a usually prolongation entity in China that is building China-based authorization stories to contest with U.S./Hollywood franchises in further to building constrained China stories and animation projects that can contest in a tellurian arena. China is prepared to contest globally and a internal marketplace is so vast now that a vast budgeted film can attain even but a rest of a world. Our projects are attracting and will attract a really best tellurian talents to safeguard that success.”