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Friday, 27 March 2015, 16:20 HKT/SGT
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Source: HKTDC
FILMART Closes With Record Of 7,100+ Visitors
Companies Report Slew of Deals During the Fair

HONG KONG, Mar 27, 2015 - (ACN Newswire) - The Hong Kong International Film and TV Market (FILMART) drew to a close yesterday with a record number of more than 7,100 buyers having taken part in the 19th edition of the event, the largest of its kind in Asia. While the overall number of buyers represented a six per cent increase compared to last year, overseas visitors were up eight per cent. Indonesia, Japan and Taiwan all saw double-digit percentage visitor growth.


FILMART Closes With Record Of 7,100+ Visitors


Organised by the Hong Kong Trade Development Council (HKTDC) over four days at the Hong Kong Convention and Exhibition Centre (HKCEC), FILMART gathered more than 780 exhibitors from over 30 countries and regions.

Brisk Business

As well as showcasing new productions and services, companies used the event to announce their latest projects and clinch deals. Among the slew of deals reported during FILMART was India's JDR Films' purchase of Arclight Film's Jungle Nest. Hollywood-based Arclight also reportedly sold TEANA 10,000 Years Later to Hong Kong and Indonesian companies. Another US company, Shoreline Entertainment, clinched its first deal in Asia when it sold The Incident, an acclaimed science fiction thriller, to Japan's Zazie Films on day-two of FILMART. A mainland Chinese exhibitor from Hangzhou found several buyers at the fair with whom the company struck deals to sell television programmes said to be valued at a total of over US$5.5 million.

Richard Brownsey, President and CEO of Canadian company Creative BC, summed up the mood of the fair, saying; "We see Hong Kong as the gateway to Asia."

Movie Marathon

More than 400 screenings were held during FILMART, including over 80 film premieres featuring the works of Hong Kong as well as regional and international filmmakers. The ninth edition of TV World welcomed more than 360 exhibitors with the theme of this year's TV World International Forum examining "The Rise of TV Streaming - Opportunities and Challenges".

New Trends

This year's fair saw a number of significant trends emerging, including strong participation from Asia. Guangdong (Guangdong Motion Picture Industry Association), Malaysia (Malaysia Multimedia Development Corporation, MDeC) and Vietnam (Vietnam Cinema Association) film associations established pavilions for the first time. Regional Industry players from the Philippines, Singapore and Taiwan returned to FILMART with sizeable delegations to promote their entertainment products and services. In addition to major film companies in Hong Kong, there were also new companies from Macau as well as the United Arab Emirates and Latvia.

American Pie

The US film industry enjoyed a large slice of the FILMART action. A total of 47 US exhibitors took part in FILMART, including 26 organised by the US Independent Film & TV Alliance. On the sourcing side, the US Commercial Service brought nine missions comprising over 220 buyers from Asia to FILMART to do business with US exhibitors. FILMART also marked first-time collaboration with the Producers' Guild of America (PGA) to organise a panel discussion on "Making Asian Films in America", featuring producers of top Hollywood Films as well as Academy Award winning independent films. Meanwhile, Jeff Gomez, the transmedia producer for Avatar, Transformers & Halo, was among the speakers at the Digital Entertainment Forum.

Bigger Picture

FILMART is one of the founding events of the Entertainment Expo Hong Kong which continues until 19 April. Including FILMART, the Expo umbrella covers a total of 10 high-profile multimedia events from TV, music and digital entertainment at venues across Hong Kong.

Photo Download http://filesharing.tdc.org.hk/hktdc/download.php?fid=_php76pP47

Fair Website:
Entertainment Expo: http://www.eexpohk.com

Videos:
Entertainment Expo Hong Kong 2015: https://youtu.be/9vWi8rsxgPQ
Filmmaker Philip Yung's Port of Call inspired by a true story: https://youtu.be/ULSGaVyH2v8
Tech And Trade Talk at FILMART: http://youtu.be/xbX_blDY2qU


About HKTDC

The Hong Kong Trade Development Council (HKTDC) is a statutory body established in 1966 to promote, assist and develop Hong Kong's trade. With 50 offices globally, including 13 in Mainland China, the HKTDC promotes Hong Kong as a two-way global investment and business hub. The HKTDC organises international exhibitions, conferences and business missions to create business opportunities for companies, particularly small and medium-sized enterprises (SMEs), in the mainland and international markets. The HKTDC also provides up-to-date market insights and product information via trade publications, research reports and digital news channels. For more information, please visit: www.hktdc.com/aboutus. Follow us on Twitter @hktdc and LinkedIn.

Contact:
HKTDC
Corporate Communication Department
Joe Kainz
Tel: +852 2584 4216
Email: [email protected]


Mar 27, 2015 16:20 HKT/SGT
Source: HKTDC

Topic: Trade Show or Conference
Sectors: Trade Shows, Daily Finance, Daily News
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