Beijing: James Bond, the British superspy is all set to get a Chinese makeover.
A businessman here is seeking to raise USD 20 million from investors to fund a Chinese-style action adventure movie that he hopes will rival the original James Bond franchise.
Craig Quick, who is well known in the city`s music circles, presented a proposal to interested parties on April 24, including a summary of the film`s plot, as part of the Beijing Film Festival, official media reported.
"We are looking for 30 per cent of the budget from Chinese investors, 40 per cent from tax credits and financial incentives provided by Canadian, US and Mexican film- encouragement programs and 30 per cent from non-Chinese investors," Quick told China Daily.
"The tax credits and incentive programs are bankable, thus reducing the risk of loss to private investors to negligible levels. After the return of the original investment to the Chinese and international investors, the Chinese investors will share 50 per cent of the profits from distribution in the Asian market, from the Philippines to South Korea and from West China down to Laos, including Singapore, Indonesia and Malaysia," he said.
"The international investors will get 50 per cent of the profits from international distribution. There will also be a merchandising program with video game rights, book rights, toy rights et cetera," he added.
The cast and director will be selected shortly.
PTI
By clicking “Accept All Cookies”, you agree to the storing of cookies on your device to enhance site navigation, analyze site usage, and assist in our marketing efforts.
Cookies Setting
By clicking “Accept All Cookies”, you agree to the storing of cookies on your device and the processing of information obtained via those cookies (including about your preferences, device and online activity) by us and our commercial partners to enhance site navigation, personalise ads, analyze site usage, and assist in our marketing efforts. More information can be found in our Cookies and Privacy Policy. You can amend your cookie settings to reject non-essential cookies by clicking Cookie Settings below.
Manage Consent Preferences
Strictly Necessary Cookies
These cookies are necessary for the website to function and cannot be switched off in our systems. They are usually only set in response to actions made by you which amount to a request for services, such as setting your privacy preferences, logging in or filling in forms. You can set your browser to block or alert you about these cookies, but some parts of the site will not then work or you may not be able to login.
Functional Cookies
These cookies enable the website to provide enhanced functionality and personalisation. They may be set by us or by third party providers whose services we have added to our pages. If you do not allow these cookies then some or all of these services may not function properly.
Targeting Cookies
These cookies may be set through our site by our advertising partners. They may be used by those companies to build a profile of your interests and show you relevant adverts on other sites. They are also used to limit the number of times you see an advert as well as help measure the effectiveness of an advertising campaign. They do not store directly personal information, but are based on uniquely identifying your browser and internet device. If you do not allow these cookies, you will experience less targeted advertising.
Performance Cookies
These cookies allow us to count visits and traffic sources so we can measure and improve the performance of our site. They help us to know which pages are the most and least popular and see how visitors move around the site. All information these cookies collect is aggregated and therefore anonymous. If you do not allow these cookies we may not know when you have visited our site, and may not be able to monitor its performance.