Leading indie distributor Cinedigm announced a new partnership this week with Asian distribution label, Crimson Forest Films for a multi-year deal that will gage domestic releases across all home entertainment channels, including DVD/Blu-Ray/4K, digital platforms, cable and satellite VOD and broadcast television. With audiences in North America and select titles for international territories in their purview, the first film to release from their slate will be bomb disposal thriller Shockwave starring Andy Lau, which accrued $58 million dollars at the international box office, and eventually arrived on DVD, Blu-Ray and Digital last week from Cinedigm.
Following suit is Alan Mak's Hong Kong actioner, Extraordinary Mission, which Crimson Forest gave a limited release last Spring. Also in tow are Cheng Wei-Hao's Taiwanese horror hit, The Tag-Along on February 6, 2018 through Digital and its bigger scale sequel in April on DVD, and actor and martial artist Tiger Chen's sci-fi, Kung Fu Traveler, also in April.
Crimson Forest was formed in 2010 and is led by CEO, Jonathan Lim whose long-term film credits partly include Pali Road and period drama, The Jade Pendant. The announcement on Thursday cites their partnership will further underscores Cinedigm's expanding library of Asian titles and broadcasting span, as well as its global profile and distribution potential following confirmation in November of Hong Kong-based Bison Capital's Bision Entertainment Investment, Ltd, for its completed strategic investment in the firm.
“Jonathan has built a deep network of contacts across Asia. His experience and relationships with the major studios and producers within the territory give him the ability to source high quality releases,” said Yolanda Macias, Executive Vice-President of Acquisitions for Cinedigm. “Crimson Forest is quickly becoming the premium, go-to label for truly exciting genre pictures with strong production values and talent immediately recognizable to fanboys and fangirls everywhere. We could not be more thrilled to partner with Crimson Forest to bring these diverse pictures to discerning audiences.”
“Cinedigm has a top shelf marketing team, direct sales relationships, and a strong infrastructure that will help us continue to grow both our film slate and the Crimson Forest brand, both in North America and on an international basis,” said Lim. “We look forward to a long and successful collaboration with them.”
The deal was negotiated by Cinedigm's Melody Fowler, Vice-President of Acquisitions, and Lim on behalf of Crimson Forest Films.
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