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SOURCE Crimson Forest Entertainment
--Deal Focuses on Distribution in High Growth Theatrical Marketplace in China --
CANNES and LOS ANGELES, May 19, 2014 /PRNewswire/ -- Crimson Forest Entertainment, a global independent motion picture studio, today announced it has entered into a co-production agreement with Dadi Digital Cinema Ltd. and China Film Assist Co. for "Unknown Caller," a psychological thriller. The cast will be announced in the upcoming weeks.
Dadi Digital Cinema Ltd., one of the largest operators of movie theaters in China, and China Film Assist, which provides production services in China, are investors in the project. The film is scheduled to go into production in September, with a focus on appealing to audiences in China and other international markets.
"We are thrilled to partner with Dadi Digital Cinema and China Film Assist on a project that we believe will resonate strongly with audiences in China and all over the world," said Jonathan Lim, chief executive officer of Crimson Forest Entertainment. "Along with these two partners, Crimson Forest is uniquely positioned to help bring world-class cinema to a burgeoning audience of movie theater goers in China."
"Increasing numbers of people in China are going to movie theaters, seeking out films with high production value and sophisticated plotlines, and Crimson Forest is an ideal partner that understands how to connect with audiences throughout the country," said Grace Zhang, general manager of Dadi Digital Cinema. "We look forward to a long and fruitful relationship with Crimson Forest, as we work together to deliver top-notch entertainment."
"Crimson Forest is well positioned to reach audiences in China with thought-provoking content, and we are excited to help the company make that happen," said Geng Ling, executive director of China Film Assist. "China represents a significant opportunity to connect with cinema fans, and Crimson Forest has the vision and access to talent to produce films that resonate with the most demanding of audiences."
"Unknown Caller" written by Dwayne Alexander Smith and Doc Pedrolie is a psychological thriller. Producers are Daxing Zhang, Justin Begnaud and Jonathan Lim of Crimson Forest, Marina Grasic of Cargo Entertainment, and Jon Chiew of Huace Media. Executive Producers are Grace Zhang and Geng Ling of Dadi Digital Cinema and China Film Assist and Alan Pao and Luke Daniels of Tunnel Post.
About Crimson Forest Entertainment
Crimson Forest Entertainment is a publicly traded, global independent motion picture studio that finances, produces and acquires theatrical quality feature films & television series with budgets up to $25 million for worldwide distribution. With offices in Shanghai and Los Angeles, the company plays an integral role in all aspects of the production process and looks to make strategic investments across a project's life cycle. Our 10 years of experience in the China Entertainment industry has allowed us to successfully conceptualize, produce and distribute various film & television projects into the local Chinese Market and has allowed us to position ourselves as a valuable partner in the ever-growing Chinese Theatrical Marketplace. For more information, visit the Crimson Forest Entertainment website at www.cfeg.tv.
About Dadi Century Company
Dadi Century Company was established in 2005 and currently operates more than 400 cinemas with 2000 screens. Most of Dadi's cinemas are located in smaller cities throughout China where demand for viewing movies in movie theaters continues to soar. The convenience and quality of Dadi's cinema circuit provides audiences with access to a superior movie-going experience.
About China Film Assist Co.
China Film Assist Co. provides Chinese and foreign film production services, including preparation, shooting and post production services. The group was established in 2003 and has enjoyed partnerships with 20th Century Fox, Columbia Pictures, Warner Bros, Emperor Entertainment Group Limited, Sundream Motion Pictures, Legendary East, among others.
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