Huayi expands film to TV and confirms its park project

23 August 2011 19 h 07 min 4 comments

Chinese film conglomerate Huayi Brothers Media Corp intends to expand its TV production operations by building series franchises from its film properties. The group also confirms its theme park project.

At least 3 TV series in the pipe

Among the projects under preparation or production, series based on box office hits “If You are the One” (2008) directed by Feng and “Aftershock” (2010) directed by FENG Xiaogang, a major shareholder in the company.

. “Aftershock” series production started in July with television actress Chen Xiaoyi in the role of the mother who survives the earthquake.

. The series based on “If You Are The One” will start its production in February 2012. The series will feature HUANG Bo and the Korean actor KIM Seong-su. 

Huayi is also developing its own TV version of the “Mulan” story, to be directed by GAO Qunshu with YAO Chen. According to Film Biz Asia, Huayi says that it will spend RMB2 million ($315,000) per episode.

Huayi confirms its theme park project despite government ban

Huayi Brothers Media Corp, which is developing a film park outside Suzhou, is confident that it will go ahead despite the last week Chinese government ban on the development of more theme parks in the country.

According to observers this ban will only affect new project and larger park which cover  more than 20 hectares or have a total investment of more than RMB500 million (£47.4m).

Huayi announced its 66 hectare park project last May (ARTICLE in CSN²), as a joint venture with the Suzhou Industrial Park Yangcheng Lake Island Development company. Total investment in its construction was announced as RMB3 billion ($462 million).

Shanghai Disneyland, now being built on the East side of Shanghai, is expected to open in 2014 or 2015. The announced cost for the 46 hectare park and related hotels is RMB29 billion ($4.4 billion).

SOURCES: Huayi Brothers, Film Biz Asia, Xinhua (23/08/2011) 

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