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Universal Music India has taken a significant minority stake in leading Indian production banner Excel Entertainment, deepening its push into India’s fastest-growing entertainment market and forging a new pipeline between the country’s local film content and global music distribution. The deal, unveiled on Monday, values Excel at ₹2,400 crore (approximately $290 million). Under the agreement,…
The Asian Film Awards will significantly scale back their 2026 edition, suspending competitive categories and eliminating the traditional red carpet, organizers said Friday — a move intended to reflect the somber public mood in the host city of Hong Kong following last year’s devastating residential fire. The Asian Film Awards Academy said the 19th edition…
Mohammad Bakri, a Palestinian director and actor who sought to share the complexities of Palestinian identity and culture through a variety of works in both Arabic and Hebrew, has died, his family announced. He was 72. Bakri was best known for Jenin, Jenin, a 2003 documentary he directed about an Israeli military operation in the…
Sygnum’s APAC HNWI Report 2025 found that 87% of Asia’s high-net-worth individuals are already exposed to crypto, with an average allocation of approximately 17%. More than half of wealthy Asian investors in a recent survey say they plan to increase their portfolio exposure to cryptocurrency over the next few years. Sygnum’s APAC HNWI Report 2025…
Faisal Baltyuor is a busy man. One of Saudi Arabia‘s most prominent film producers since the country lifted its ban on public cinemas in 2018, Baltyuor has produced domestic hits such as the wrestling comedy Sattar and the drama From the Ashes, as well as Hijra, the country’s submission for the 2026 Academy Awards. He…
Saudi Arabia’s rapidly expanding array of production facilities added another major hub this week with the official opening of PlayMaker Studios, a state-of-the-art filmmaking complex located in Qiddiya City, just outside Riyadh. The launch coincides with the start of pre-production on Unbroken Sword, a large-scale historical action feature directed by Game of Thrones and House…
Ana de Armas reflected on her long friendship with Keanu Reeves and her unexpected evolution into an action star during an “In Conversation” session at Saudi Arabia’s Red Sea International Film Festival on Friday, offering an intimate, career-spanning look at her rise from Cuba to global Hollywood star. De Armas said she and Reeves first…
The Development Bank of Japan (DBJ) has become the latest major investor to back Tokyo-based K2 Pictures’ pioneering new film production fund, signaling growing institutional confidence in the company’s bid to shake up Japan’s long-stagnant film financing system. K2 Pictures said Friday that it has secured a ¥500 million ($3.3 million) investment from DBJ for…
Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation. Today in crypto: The Balancer community has proposed a plan to distribute funds recovered from the protocol’s recent hack. South Korea’s largest exchange, Upbit, halted deposits and…
Hong Kong’s beleaguered film industry is looking to rekindle the passion for its movies that once reached fever pitch across Asia during its glory days, with a series of high-profile “gala presentations” that are sharing the city’s stars — and its box office successes — with the region. Wilfred Wong, chairman of the Asian Film…