Netflix’s latest ⁢acquisitions from Asia:⁣ Crosspoint and Motherland

Key ‌highlights⁢ from the Asian ​Contents & Film​ Market

The Asian Contents & Film Market ⁣(ACFM), held alongside the Busan International Film Festival, proved⁤ to be ‌a significant‌ event for Philippines-based Fire and Ice ⁣Media. This year, the company sealed a major⁤ deal with Netflix for Donie Ordiales’​ gripping film ‍ “Crosspoint”, securing the⁣ Asia Pacific⁣ rights. This acquisition⁣ underscores Netflix’s continuous efforts to diversify its content library and cater ⁤to varied tastes ​across​ different regions.

A deep dive into “Crosspoint”

“Crosspoint” presents a compelling narrative starring acclaimed Filipino actor Carlo⁤ Aquino and Japanese actor Hira Takehiro,⁤ who gained recognition for his Emmy-nominated⁢ performance in “Shogun.” The film weaves a captivating story of Manuel Hidalgo (Aquino),​ a once-renowned Filipino actor​ who relocates to Japan after his⁤ career falters. Manuel finds himself performing illegally in Filipino ‌pubs to make ends meet. ‌In an unexpected twist, his path crosses with Shigeru (Hira), a construction‍ manager in his fifties ‌who has recently gone bankrupt due to mounting debts.

This unlikely duo, both‍ desperate to alter the course​ of their lives, ⁢comes across a news report about‌ a serial killer on the run—someone Manuel ‌shockingly recognizes. Spotting a chance to‍ turn ‍their fortunes around, they ⁣embark on a perilous journey‍ to​ capture the killer and claim the reward⁢ money. This plot promises a thrilling​ ride filled with suspense ‍and dramatic​ twists. Watch Crosspoint for a riveting experience.

Brillante Mendoza’s ​”Motherland”‌ at ⁢Busan

In addition to “Crosspoint,” Fire and Ice Media is also championing ‍ “Motherland”, directed by renowned Filipino auteur Brillante Mendoza.⁤ The film ⁣had its world premiere at the Busan festival, garnering significant⁤ attention.

“Motherland” delves into the story of Dao-ayen, a member of the Philippines’ Special Action Force stemming from the Ifugao‍ tribe in northern⁤ Luzon. ⁢The narrative is set against the‌ backdrop of the infamous 2015 Mamasapano raid, a ⁢tragic event that led to the deaths of ⁤44 individuals. This poignant film ⁤is a powerful testament to resilience and heritage, offering audiences a profound cinematic experience. Explore Motherland.

The success and insights from ACFM

Fire and Ice Media’s strategic approach to film acquisition received ‍validation at the ACFM. The event was a bustling hive of activity for the company, with ‍continuous back-to-back meetings that opened up numerous inquiries about their titles. The deal with Netflix for “Crosspoint” marked a significant achievement for the company. Additionally, negotiations are ongoing for “Motherland” with various distributors, and there is a keen interest in presenting the film at upcoming festivals.

Liza Diño-Seguerra from ​Fire and Ice Media remarked, “This year’s ACFM was a tremendous experience for us. We successfully closed‍ the Asia Pacific rights ⁢for ‘Crosspoint’ with⁢ Netflix. Moreover, we are in talks with distributors ​for ‘Motherland’, and exploring potential invitations for future festivals.”

Adapting to evolving market trends

Throughout ⁣the event, a ‍consistent demand‌ for horror films surfaced, offering ⁤Fire and Ice Media vital insights into the types of films‍ they should consider acquiring next. ‌There is an evident shift in ‍how ​content is consumed, with⁤ streaming platforms dominating the landscape. Traditional methods⁣ of film distribution and theatrical releases are rapidly evolving. This transformation‍ is particularly ⁣noticeable even in markets like Korea,‌ where⁢ traditional cinema-going experiences have significantly declined.

“Adapting to this evolving market,” Diño-Seguerra added, “we are now ⁢focused⁤ on strategies that ⁢align with the ⁣growing preference for on-demand content. Understanding these trends⁢ helps guide our next‍ steps, ensuring we meet the audience’s needs.”

Learning ⁣and growth at ACFM

As first-time participants,⁢ Fire and Ice Media found the ACFM ‌to ⁣be ⁢an excellent ‍platform not just for selling their films but also for gaining insights ⁤into⁤ the market dynamics. The company is already looking forward ⁣to applying the knowledge garnered at ACFM to refine their future strategies.

“We gained invaluable insights that will shape the future direction of our company,” Diño-Seguerra said. This knowledge⁣ equips them‌ better for ​navigating the complex⁣ and ever-changing ⁣terrain of film distribution.

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