Asia-Pacific will "win" Random House Studios complement each other's advantages to develop high-quality IP in the future

Asia-Pacific Future Film and Television (Beijing) Co., Ltd.(referred to as "Asia-Pacific Future") and Frementle Media North America (referred to as FMNA) will announce the formation of important strategic partnerships in China and the United States today to jointly operate the world's largest publishing group Penguin Random House Studio.

Original title: "Seize" its studios, domestic companies "aim at" Random House IP

(Reporter Xiao Yang) Asia-Pacific Future Film and Television (Beijing) Co., Ltd.(referred to as "Asia-Pacific Future") and Frementle Media North America (referred to as FMNA) will announce the formation of an important strategic partnership in China and the United States today to jointly operate the Random House studio owned by Penguin Random House, the world's largest publishing group.

According to the agreement, Asia Pacific will be responsible for developing, investing and producing Random House Studios 'film projects and managing and operating its film-related businesses in the future, while FMNA will be responsible for operating TV-related businesses. The two parties will also conduct mutual transformation of film and video content. A lot of interaction and cooperation.

Penguin Random House is part of the German media giant Bertelsmann Group. It is composed of hundreds of publishing houses from the world's nine largest publishing brands. It publishes more than 15000 new books every year, sells more than 700 million publications, and has an annual income of 3.3 billion euros. It is the world's largest book publishing group and plays a pivotal role in the world's book industry in the 20th century. In addition, it also includes Random House Children's Publishing Group, Random House Information Group, Random House Audio Publishing Group, Random House Film Publishing Group, etc., which can be described as a huge treasure house of global content IP resources.

FMNA, which is also affiliated with the Bertelsmann Group as Penguin Random House, is the world's largest entertainment brand manufacturer, producer and publisher. It produces and broadcasts more than 10000 hours of TV programs in 31 countries around the world every year, creating "Pop Idol","Talent Show" and other programs that have long remained number one in viewing. FMNA outputs 45 original models, operates more than 350 columns every year, and distributes more than 20000 hours of programming in more than 200 regions. In China, it collaborated with the supervision to produce "China's Got Talent","The Voice of China Dreams","Golden 100 Seconds","Let's Date","The Strongest Voice in China","The Wall is Coming","Thank God You're Coming" and so on.

In recent years, Asia-Pacific Future has invested in and produced domestic films "The Quest for the Dragon","Running Brothers","Ace Teases the Ace" and English films "No Home for Childhood" and "Purgatory Messenger". This time, reaching cooperation with two major media giants under the Bertelsmann Group with global influence is a major breakthrough in the company's internationalization strategy.

As many as 70% of American film and television works are adapted from publications, and Oscar-winning films are basically adaptations of novels. Published by Penguin Random House and adapted into film and television works include "Breakfast at Tiffany","Forrest Gump","The Reader","The Da Vinci Code", as well as "The Rescue from Mars" and "The Great Gatsby", which have been popular in recent years. There are countless classic works such as "The Great Gatsby".

Random House Studios has offices on both sides of the United States. After the three parties work together, the Los Angeles team of Random House Studios will move into the FMNA office to maintain "close" contact with film and television creative talents in Los Angeles; while the New York team will continue to work at the Penguin Random House headquarters, where it is located in a large number of authors and the center of the publishing world. Asia-Pacific Future, FMNA, together with Random House Studios, will fully launch IP development and production to stimulate the authors 'innovative thinking, fully respect the original authors, give them unique imagination and creative space, and allow these authors to directly participate in their own literary works. Film and television adaptations.

Editor: Nancy