Celestial Tiger Entertainment Acquires First and Exclusive Rights to the Top Four Highest-grossing Chinese Movies of All Time

Hong Kong (May 24, 2018) – Celestial Tiger Entertainment (CTE), operator of the largest bouquet of pan-Asian channels dedicated to Asian entertainment, announced today that 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 award-winning action director 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.

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Media Contact:
Pauline Poon
Celestial Tiger Entertainment
T: 852 2239 6131
E: pauline.poon@celestialtiger.com

About Celestial Tiger Entertainment
CELESTIAL TIGER ENTERTAINMENT (CTE) is a leading independent media company dedicated to entertaining audiences in Asia and beyond. The company creates and distributes branded pay television channels and services targeted at Asian consumers.

CTE operates a powerful bouquet of distinct pay television services including: CELESTIAL MOVIES, the premier 24-hour first-run Chinese movie channel in Asia and beyond; CCM, the world’s most-widely distributed Chinese movie channel with an unparalleled array of Chinese movie masterpieces; cHK, a general entertainment channel offering cool, chic, and contemporary celebrity-powered Hong Kong entertainment; KIX, the ultimate destination for action entertainment; MIAO MI, the Mandarin edutainment channel created for preschool kids across Asia; and THRILL, Asia’s only regional horror, thriller and suspense movie channel. All of CTE’s channel brands are available as linear, on-demand and over-the-top services. CTE also produces original production for its bouquet of channels.

Headquartered in Hong Kong, CTE’s majority shareholders are Saban Capital Group, a leading private investment firm specializing in the media, entertainment and communications industries; Celestial Pictures, a diversified Asian entertainment company owned by Astro Overseas Limited; and Lionsgate, the world’s largest independent filmed entertainment studio.

For more information, please visit www.celestialtiger.com.

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