Recent News Stories
- Omar wins Best Feature at APSA
- Tsai Ming-liang on being a stray in Taiwan
- First Feature Film Initiative winners announced
- Quiet start for new films at Taipei B.O.
- Japanese documentaries after Fukushima
- China B.O. passes RMB20 billion in 2013
- Farooki on fibbing, fantasy and box office
- Conan-Lupin collaboration tops Japan B.O.
- Four, No Man's Land lead China B.O.
- Metro Manila heists British indie awards
- Killers to premiere at Midnight in Sundance
- The Second Coming closes deals
- No Man's Land has strong China opening
- Singapore IFF to be relaunched in 2014
- Japanese film-makers protest state secrets bill
- Live-action Attack on Titan relaunched
- South Korean films break local admissions record
- White Storm defies Gravity at China B.O.
- Local documentaries strong at Taipei B.O.
- SPEC finale dethrones Kaguya at Japan B.O.
- In Bloom takes top prize at Tokyo Filmex
- Talent Campus Tokyo awards Filipino project
- Huace strikes pact with Guo Jingming
- Miike Takashi to adapt psycho-thriller manga
- Ang Lee awarded by Cinemanila
- Grandmaster leads Asia-Pacific award nominations
- Yukisada Isao adapts Five Minutes in China
- Great Passage tops 38th Hochi Film Awards
- Dexter Studios opens Beijing office
- Lupin III live-action film coming in 2014
- Fist, Z Storm, Taoist scripts approved by SAPPRFT
- Ant Story premieres in AsiaAfrica competition
- Ghibli back on top with Princess Kaguya
- APSA to host public screenings
- Gravity starves Hunger Games at China B.O.
- Hope wins through at Blue Dragon Awards
- ASEAN Film Festival launches in Singapore
- Beyond Beauty stays strong in Taipei
- Lost in Thailand secures Taiwan import quota
- Tiny Times 3 set to begin production
Wuxi in US management pact
By Patrick Frater
Wed, 06 June 2012, 11:31 AM (HKT)
China's emerging Wuxi Studio complex in Jiangsu Province is to be managed by the Raleigh Studios group of the US.
Raleigh, which already operates studios in six US locations and in Hungary, has entered into a long-term management contract with Wuxi, which is chaired by Sid Ganis, former president of the Oscars organisation, the Academy of Motion Pictures Arts & Sciences.
The management deal is expected to help the studios attract overseas studio and independent films, as well as ensure technical quality standards are compatible with international requirements.
Less than an hour from Shanghai, the $1.5 billion Wuxi complex is being built in two phases, the first of which will open later this summer. In a disused steel factory, the first phase includes six sound stages, post-production and editing facilities and a commercial zone with theatres, restaurants, nightclubs and other interactive experiences.
The second phase, announced as opening in 2013, will include five purpose-built sound stages. These will include a water tank, China's largest "super stage" and a city backlot that will double up for filming and tourist visits.
Wuxi is a venture of the Chinese government and is sanctioned by the State Administration of Radio Film Board (SARFT).
In time it is anticipated that some 800 companies will be located at Wuxi. SARFT announced that companies including E3D and The Foundry from the UK, Mokko Studio from Canada will set up post-production and visual effects units at the complex and that China's Base FX may also set up a unit.
Film productions shooting at Wuxi may be able to obtain financing from the $150 million Wuxi Film and Television Fund, which is operated by the Wuxi Jinyu Investment Management Co. It sees the fund as aimed at international co-productions and domestic Chinese projects.