Turner and mm2 to invest in 5 films over 3 years
SINGAPORE (May 15, 2017) – mm2 Entertainment Pte. Ltd., a wholly-owned subsidiary of mm2 Asia Ltd, (“mm2 Asia”), has entered into an agreement with Turner Asia Pacific to co-produce five cinematic films over the next three years with a multi-million-dollar budget.
The collaboration marks Turner’s first foray by the global media conglomerate into film production in Southeast Asia, and is part of a wider strategic effort to invest and produce more Asian content. These projects are expected to bolster its content pipeline for its TV brands including for the pan-regional general entertainment channel, Warner TV.
“We are very happy and proud to embark on this journey with Turner. We look forward to co-producing an exciting slate of films through this landmark collaboration. As we build on our strong base in the Asia market through our movie and media investments, we will continue to forge more such win-win relationships in the future,” said Mr Chang Long Jong, CEO of mm2 Asia.
Under the collaboration, mm2 Asia and Turner will complement each other in the areas of production, distribution and marketing of the films to maximize commercial value and audience reach.
Ricky Ow, President of Turner Asia Pacific, added: “This partnership makes a bold statement about Turner’s desire to increase its investment in local content for audiences in Southeast Asia. Together with mm2 Asia, one of the region’s top movie production companies, we’ve identified some great projects with genuine entertainment potential – and we can’t wait for them to start rolling out.”
The first film to be released under this collaboration is Wonder Boy, a biopic about the legendary singer and songwriter Dick Lee. It stars Benjamin Kheng, from the Singaporean band The Sam Willows, and is directed by both Lee and Daniel Yam. The film is scheduled to be released theatrically on August 3, 2017. The agreement also includes two other family films and two other films from Jack Neo, the well-known Singaporean actor, host and director.