Chinese group raises stakes in English-lang film
By Patrick Frater
Mon, 12 December 2011, 17:37 PM (HKT)
It sees the move into English as a reflection of its growing maturity a year on from its stock flotation.
Hollywood star, Catherine Zeta-Jones (pictured right, with CHEN Kun 陳坤, left and Bona's YU Dong 于冬, centre) rang the opening bell in New York on Friday at the NASDAQ stock exchange as celebration of Bona's first anniversary as a listed company.
"Hollywood has done a fantastic job promoting its industry to the world and projecting its universal values," said Bona CEO Yu Dong from New York. "We would like to leverage this Hollywood strength and add Chinese elements."
Yu says he envisages real Hollywood-Chinese joint-venture projects that will promote Chinese stories to a worldwide audience.
"Having Catherine Zeta-Jones ring the bell is a good indication of the bridge we are looking to create," said Yu.
Yu said that Bona expects to unveil two major movie projects with Hollywood partners in the course of 2012.
In the nearer term Yu described the upcoming Christmas to Chinese New Year releasing period as "exciting."
Traditionally the busiest season at the Chinese box office, the season is this time condensed by the early Lunar New Year and particularly congested with major releases.
"There is a unique situation with two major Chinese films releasing at the same date," said Yu referring to Bona's Flying Swords of Dragon Gate 龍門飛甲 (2011), directed by TSUI Hark 徐克, and The Flowers of War 金陵十三釵 (2011), directed by ZHANG Yimou 張藝謀. "I expect we can look forward to a record opening day."
Yu confirmed that WONG Kar-wai 王家衛's long awaited The Grandmaster 一代宗師, once scheduled to be part of this year's Christmas crush, is still some months away from being ready. "It will be released some time between next summer and Christmas 2012."
The Flowers of War
Good-looking but dramatically weak Nanjing Massacre drama, with a miscast Christian Bale.
Flying Swords of Dragon Gate
Enjoyably retro swordplay antics, with a superb cast but a weak finale.
Sumptuously shot saga of competing martial artists is flawed by a weak overall structure.
Bona profits slightly lower
Grandmasters, exhibition hold up
Tycoon puts Bona in the red
Working Title, Fox deals offer future sizzle
Bona refreshes capital
Loan deal signed; acquisitions flow
Bona opens China's largest cinema
Tianjin site hosts company's first IMAX screen
Shi to take diminished role at Bona
Chinese group expands theatres, ups profits
Bona details expansion plans
Chinese group seeks co-prods, adds finance, 3-D capacity
Speaking a new language: Chinglish
English-language movies as a new meeting point for China and Hollywood
News Corp buys 20% of Bona Film
Murdoch takes strategic stake in Chinese group
Bona doubles up in 3-D
New slate unveiled, tech JV sealed
Chow to star again in Once Upon a Time in Shanghai
EXCLUSIVE: Bona in gangster film race
Flying Swords lifts Bona Group results
Chinese studio helped by distribution and internet
Bona to introduce movie ratings to China
Classification system to be for guidance only
Bona's online bonus
Rights prices rising; previews, VoD experimentation underway
Huayi, Bona invest in China Lion
Chinese studios back North American distributor
Bona registers Q2 loss
Rising costs dent results trajectory
Ma makes comedy sequel
Cheung returns to role after ten years
Bona buys theatre chain
Exhibition circuit to help distribution activity
Bona shows revenue gain, net loss
Ambitious multiplex buying plans, Triple Tap profitable