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China’s Starlight Media & David Steward II’s U.S. Animation Firm Lion Forge Ink Multi-Picture Film Deal Including COVID-19 Project

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China’s Starlight Media, which has beforehand backed Hollywood administrators together with Sylvester Stallone, Robert Zemeckis and James Wan, has fashioned a multi-year, multi-project three way partnership with David Steward II’s Lion Forge Animation.

The 2 firms say they are going to co-finance and co-produce a slate of unique animated movies in addition to initiatives based mostly on Lion Forge IP.

The primary two initiatives will likely be a function re-imagining of basic Chinese language novel Journey To The West and an unique animated brief movie impressed by the COVID-19 pandemic. Manufacturing on the latter is being quick tracked to begin this month.

Underneath the JV, Starlight will keep distribution, licensing and merchandising rights within the larger China area (together with mainland China, Hong Kong, Macau and Taiwan), whereas Lion Forge will deal with distribution and licensing rights in the remainder of the world. Animation work will likely be carried out on the Lion Forge studios in St. Louis, Missouri.

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COPYRIGHT_BP: Published on https://bingepost.com/chinas-starlight-media-david-steward-iis-u-s-animation-firm-lion-forge-ink-multi-picture-film-deal-including-covid-19-project/88489/ by Hilda Workman on 2020-04-07T14:54:52.000Z

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Lion Forge, one of many solely African American-run animation studios on the earth, produced this yr’s Oscar-winning animated brief Hair Love. Launched final yr, the corporate’s IP contains comics, graphic novels, unique content material, and movie star affiliations. Steward II is son of billionaire businessman David Steward and brother of Kimberly Steward whose Ok Interval Media has invested in films together with Manchester By The Sea and Suspiria.

Beverly Hills-based Starlight Media, run by CEO Peter Luo, is a wholly-owned subsidiary of publicly traded Starlight Tradition Leisure Group.

Commenting on the partnership, David Steward II stated, “We function on the premise of championing variety, so crossing boarders to collaborate with companions like Starlight Media is a transfer we’re very completely satisfied to make within the spirit of attaining a desired content material slate that displays numerous voices and tales. Aligning with Peter and the Starlight workforce on this three way partnership collectively feels pure as a result of all of us share the identical targets and philosophy in the case of creating content material. Lion Forge Animation is dedicated to establishing a robust model identification that equates to the most effective animated initiatives on the earth and this strategic partnership permits for larger economies of scale with a premier associate in Starlight that’s among the many most dynamic and visionary firms within the business.”

Peter Luo said, “Now we have an excessive amount of admiration and respect for the unbelievable work that’s being accomplished out of Lion Forge Animation and are very enthusiastic about this new multi-year, multi-picture partnership that may permit us to create groundbreaking content material with household pleasant messaging. We wish to be in enterprise with Lion Forge Animation as a result of we share a standard imaginative and prescient, not simply on style and preferences of movies, however on the execution of a enterprise mannequin that may convey top quality, very entertaining movies to {the marketplace}.”

He continued, “This partnership will permit us to convey the best high quality Hollywood content material to the Chinese language viewers, in addition to native language diversifications, and merchandising alternatives. The China movie business has been one of many quickest rising industries on the earth and we’re excited to work with David and the Lion Forge Animation workforce, who not solely have sturdy ardour for the Chinese language market, but in addition respect and perceive the variations and uniqueness of the native viewers and ecosystem in China. Our partnership will leverage the sources and strengths of each firms to ship the best caliber content material to a world viewers.”

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About The Authors

Hilda Workman

Hilda Workman - Hilda Workman is a licensed financial advisor with years of expertise in the industry. She has assisted a range of clients, from sole proprietors to large corporations, in reaching their financial objectives. She is informed about many different financial subjects, including tax preparation, investment planning and also in fashion. She believes that the best things are those that are imperfect.

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