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Jason Statham Developing Action Film with STX Entertainment and China’s Tencent Pictures

Hollywood Star Jason Statham has signed a deal with Robert Simonds’ STX Entertainment and Tencent Pictures to co-develop an action film for the Chinese film market.

Jason Statham, who has previously starred in Hollywood hits like The Machinist, Furious 7, and recently in The Fate of The Furious, will produce and star in this project. Story and screenplay of the movie are still under development.

This deal is an extension of the actor’s ongoing engagement with the Chinese Cinema.

Statham’s Chinese industry relations date back to his debut film The Transporter (2002), which co-starred actress Shu Qi and was directed by Hong Kong filmmaker Corey Yuen. He is also working in the Chinese co-produced movie “Meg”. ‘Meg’ is produced by Warner Bros. and the Beijing-based Gravity Pictures’ Chinese joint venture Flagship Entertainment

Statham is starring opposite the Chinese actress Li Binging. Statham is playing a former Naval Captain recruited to undertake a deep-sea mission to rescue scientists under attack of a 70-feet prehistoric Shark. The movie somewhat resembles Deep Blue Sea and the recently released sequel Deep Blue Sea 2 closely.

STX, co-founded by Bob Simonds and Bill McGlashan in 2014, has significant ties to China. Tencent, China’s most valuable company by market capitalization, is among STX’s strategic investors, along with Beijing-based private equity firm Hony Capital. Recently producer Robert Simonds partnered with TPG for new studio venture.

STX has already produced ‘The Foreigner’ starring Jackie Chan with the Chinese co-producer. The film grossed $141 Million worldwide with a production budget of $35 Million. Thus, it wouldn’t be wrong to state that this new project led by Statham is a natural outcome of the success of ‘The Foreigner.’

Tencent Pictures is also increasing its activity in the Hollywood. The Chinese firm is co-developing a film based on its widely famous Chinese comic property ‘Zombie Brother’ with Channing Tatum and Reid Carolin’s production company Free Association.

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Scott J Vargas

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