Gener8 Breaks Into Chinese Market with 3D Conversion Contract for The Grandmaster

Published on May 8, 2014 in MarketWatch.com

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May 08, 2014 (ACCESSWIRE via COMTEX) -- VANCOUVER, BC / ACCESSWIRE / May 8, 2014 / Gener8 Media Corp, a leader in 3D film conversion and data management software solutions for the entertainment industry, announced today it has signed a 3D conversion contract for The Grandmaster, a film produced by Hong-Kong-based Jet Tone Films, Annapurna Pictures and co-produced by Beijing-based Bona Film Group Limited.

Originally released in 2013, The Grandmaster is the story of martial arts master Ip Man, who later trained Bruce Lee. The film was directed and written by Wong Kar-Wai and stars Tony Leung as Ip Man. It was nominated for Best Cinematography (Philippe Le Sourd) and Best Costume Design (William Chang Suk Ping) at the 2014 Academy Awards.

"Our proposed partnership between Gener8's stereoscopic 3D conversion division and FFD will provide Gener8 with the capital and economies of scale to further develop our 3D conversion services and gain increased access to film producers and movie goers in China," said Rory Armes, founder and CEO of Gener8. "We are thrilled to convert the Academy Award nominated film, The Grandmaster."

"We had originally planned to film The Grandmaster in 3D not only for the cinematic sensation, but also for the subtlety of the expression of this beautiful story." said Director Wong Kar Wai. "By partnering with Bona Film Group and the innovation of Gener8 we now have the opportunity to show the film as it was always intended - searching for a brand new aesthetic or cinematic language in the 3D format."

Gener8's unique conversion technology solution has earned the company a top-tier client roster that includes some of Hollywood's biggest studios: Warner Bros. Entertainment, 20th Century Fox, Columbia Pictures Industries, Legendary Entertainment, Marvel Studios, Sony Pictures Entertainment, and more. The company's most recent 3D conversion, 300: Rise of an Empire, has earned accolades for its stunning 3D effects. Gener8, which currently has over 200 staff, continues to expand its operations.

According to Paul Becker, Gener8 Executive Producer, "The Grandmaster is an amazing story by a filmmaker known around the world. We are excited to enhance its beauty and to work with Wong Kar Wai. The film's pace and look lends itself to a stylistic 3D, and we are happy to release a top-shelf conversion for Chinese audiences."

The film, currently slated for the second half of 2014, will be distributed by Bona Film Group Limited, which was also involved in the distribution of the original 2D version of the film in mainland China in early 2013, where it generated approximately RMB 300 million of box office revenue domestically.

http://www.marketwatch.com/story/gener8-breaks-into-chinese-market-with-3d-conversion-contract-for-the-grandmaster-2014-05-08
 

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