'Air' time: HAF will fund Yang project
HONG KONG -- Beijing director Zhang Yang's tentatively titled Air became the first project to find full funding at the third Hong Asia Film Financing Forum (HAF), with Hong Kong-based Filmko Holdings signing on to bankroll the $1.3 million project. Fortissimo Films is also on board for worldwide sales outside of Greater China, Singapore and Malaysia, for which Filmko holds distribution rights. "Negotiations had started much earlier, but there was a breakthrough in the past couple of days that enabled the deal to be sealed at the HAF," said Zhang, who broke onto the scene with 1997's Spicy Love Soup and earned his commercial success with Shower (1999). "We are very excited to be in business with one of China's most proven and exciting young filmmakers," Filmko CEO Alex Wong said. "We are sure that this film will further establish Zhang Yang as one of the strongest of China's young directors."...
- 3/22/2006
- The Hollywood Reporter - Movie News
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