Celestial Tiger Acquires Rights to Top Four Highest-grossing Chinese Movies
Celestial Tiger Entertainment (CTE) has announced it has now secured first and exclusive pay TV rights to the top four highest-grossing movies of all time in China. The new deals include Operation Red Sea with Emperor Motion Pictures and Detective Chinatown Vol. 2. with mm2 Entertainment Pte Ltd. The deals also secured pay-per-view (PPV), video-on-demand (VOD) and over-the-top (OTT) rights for CTE’s channels in key Southeast Asia markets. Along with Wolf Warrior 2 and The Mermaid, CTE has now acquired all top four highest-grossing movies of all time in China with an accumulated box office gross of US$2.5 billion.
“We are so excited to secure rights to all top four highest-grossing Chinese movies of all time,” said Ofanny Choi, Executive Vice President, TV Networks, Celestial Tiger Entertainment. “Together with five exclusive output deals, we realize our commitment to deliver the biggest Chinese blockbusters and the biggest stars to our viewers across Southeast Asia.”
Directed by Dante Lam, Operation Red Sea stars Yi Zhang and Jiang Du. The movie, about a terrorist plot to obtain nuclear materials under the cover of a violent coup, showcases the deadly skill and precision of the Chinese elite assault team taking on the situation. Operation Red Sea is now the top second highest-grossing film of all time at the Chinese box office, with US$ 571 million in ticket sales, following Wolf Warrior 2 with over US$ 889 million.
Detective Chinatown Vol. 2, sequel of the hit comedy Detective Chinatown, is directed by Chen Sicheng and stars Wang Baoqiang and Liu Haoran. When the case of a New York Chinatown godfather’s missing son turns into a murder investigation, the detective duo (played by Wang and Liu) team up again to hunt down the killer with help from the International Detective Alliance. Detective Chinatown Vol. 2 is now the top third highest-grossing film of all-time in China with box office gross of US$ 532 million.
CTE has the highest number of exclusive output deals among Chinese movie channels in the region, including deals with renowned Hong Kong movie studios Distribution Workshop, Emperor Motion Pictures, Media Asia, Mega-Vision Project Workshop and Universe Entertainment.