Wong Kar-wai Gives Backing to $33 Million Hong Kong Film Revival Plan

Wong Kar-wai Gives Backing to $33 Million Hong Kong Film Revival Plan
Renowned filmmakers Wong Kar-wai, Peter Chan Ho-sun and Derek Yee are among the top directors who have pledged to pass on their skills and experience to the young generation. They are part of a $12.9 million (Hk$100 million) government-funded initiative to boost Hong Kong’s film industry, following damage from the coronavirus pandemic and ongoing political turmoil.

Under the new Directors’ Succession Scheme funded by the Hong Kong Film Development Fund, each of the directors, together with Gordan Chan and duo Mabel Cheung and Alex Law, will team up with one or two young filmmakers to produce a film that uses a $1.2 million (Hk$9 million) government subsidy. Around 10 to 12 projects are expected to be realized this way.

The program is among the five measures totalling $33.5 million (Hk$260 million) rolled out on Monday. Commerce secretary, Edward Yau said local film production and investment have shrunk over the past year, hit by the
See full article at Variety - Film News »

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