In addition to content aggregation, in 2015, CATCHPLAY established AsiaPlay Incorporated with the ambition of becoming the leading premium content service provider for movie lovers in Asia. Today, we are the largest provider for premium movie content in Taiwan, aggregating content from Hollywood studios including Disney, Warner Bros., NBC Universal and Paramount in addition to having a wide selection of international independent films and leading local productions for distribution on major operators’ digital platforms. Today, CATCHPLAY continues to look into investment and co-production opportunities internationally and in Asia targeting particularly Chinese-speaking territories and South East Asia following our recent expansion footprints.ĬATCHPLAY started placing significant emphasis on the development of digital movie content years before the others did in Taiwan.
In the same year, CATCHPLAY also provided financing and local production support to director Martin Scorsese’s passion project Silence, making it the first international production filmed entirely in Taiwan. CATCHPLAY and partners also control exclusive distribution rights to these films in Taiwan, China, Hong Kong and Macau, with The Revenant generating outstanding box office results from these territories in 2016. In early 2015, we closed a partnership deal to invest in New Regency’s three enthralling titles, namely The Revenant, Assassin’s Creed and Splinter Cell, marking the first investment of a Taiwanese company in major Hollywood productions. Both investments generated considerable box office performance in Taiwan and China respectively.
In the same year, we invested in the locally produced film, Paradise in Service and co-produced 20 Once Again with CJ Entertainment for the Chinese market. The 2015 sequel, The SpongeBob Movie: Sponge Out of Water, generated $162.1 million, or about 50% the movie’s global ticket sales outside the U.S.In 2014, in addition to distributing the movies CATCHPLAY loves, we embarked in earnest co-production and investment projects, venturing into content creation. The SpongeBob SquarePants Movie generated $54.7 million at the international box office in 2004.
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Financial details of the license agreement, which includes Canada, were not disclosed.įor Netflix, Sponge on the Run represents a feature film from a franchise with a proven track record and international appeal. Netflix can stream the movie internationally at any time, with the exception of China where it does not have independent service, according to Variety, which cited sources familiar with the deal. Paramount earlier this year said that after two theatrical delays, Sponge on the Run would skip the box office, with the studio opting instead to offer the $60 million budgeted movie on premium VOD in 2021, followed by streaming on CBS All Access. Paramount Animation’s The SpongeBob Movie: Sponge on the Run, the third movie installment in the popular cartoon franchise that saw its theatrical debut scuttled due to the coronavirus pandemic, is reportedly set to stream on Netflix outside the United States. The SpongeBob Movie: Sponge on the Run Netflix Acquires Foreign Streaming Rights to ‘The SpongeBob Movie: Sponge on the Run’
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