Bona Film Group Explained

Bona Film Group Company Limited
Type:Public
Industry:Chinese cinema
Founder:Yu Dong
Hq Location City:Beijing
Hq Location Country:China
Hong Kong
Areas Served:-->
Products:Film

Bona Film Group Company Limited (formerly known as Beijing Polybona Film Distribution Co. Ltd. (保利博纳电影发行有限公司)), also known as Polybona Films or the Bona Film Group, is a Chinese production company and distributor of films from mainland China and Hong Kong. It is run as a subsidiary of the China Poly Group, and is one of China's largest share-holding film distribution companies.

It was named "the Chinese Miramax" by Screen International in 2005, and its CEO, Yu Dong, was described as one of "the future’s most influential filmmakers" by The Hollywood Reporter in November 2006.[1] [2]

History

Founded in 1999, Polybona was the first domestic private firm to receive a film distribution license from the SARFT. In November 2003, it merged with the China Poly Group, a wealthy business conglomerate wing of the Chinese military, the People's Liberation Army, to form PolyBona Film Distribution.[3]

The company has distributed over 120 domestic and foreign films, including Confession of Pain, Protégé, The Myth, Initial D, and Dragon Tiger Gate, generating over RMB 1 billion (approximately US$130 million) in box office revenue, capturing over 20% of the overall market share for five years running.

It has also co-produced over 20 feature films, including The Warlords, Red Cliff, Flash Point, and After This Our Exile.

In 2007, Variety recognized the successful growth of Polybona Films, and wrote highly about its transforming from Miramax to Paramount.

In 2014, the company had a 10% share of the Chinese box office, earning from 12 films released.[4]

In 2014, the company was the fourth-largest film distributor in China, with 5.99% of the market.[5]

As of April 2015, the company was worth US$542 million.[6]

In Q1 of 2015, it had a gross profit of US$45 million, a revenue of US$117.6 million, and a box office gross of US$257 million.[7]

In November 2015, it was reported that Bona invested in TSG Entertainment, resulting in a stake in six films distributed by 20th Century Fox, including The Martian (2015).[8]

In 2016, the company had a market share of 9%, with a gross of .[9]

Filmography

Released

YearTitleDirectorCo-production company(s)Distributor(s)Box office
From Vegas to MacauWong Jing$95,900,000 (China and international)[10]
The White Haired Witch of Lunar KingdomJacob Cheung$64,200,000 (China and international)
The Taking of Tiger MountainTsui Hark[11]
From Vegas to Macau IIWong Jing$156,850,000 (China)[12]
Operation MekongDante Lam$170,482,937 (China)[13]
Sword MasterDerek Yee
Bride WarsTony Chan[14]
Secret TreasureRonald Cheng, Gordon Chan
Billy Lynn's Long Halftime WalkTriStar Pictures
Studio 8
LStar Capital
Film4 Productions
The Ink Factory
Marc Platt Productions
TriStar Productions
Sony Pictures Releasing
Phantom of the TheatreRaymond Yip
Paradox Kill Zone BangkokWilson Yip
Operation Red Sea[15]
A Dog's Way HomeCharles Martin SmithColumbia Pictures
Pariah Productions
Sony Pictures Releasing
Once Upon a Time in HollywoodQuentin TarantinoColumbia Pictures
Heyday Films
Sony Pictures Releasing[16]
Ad AstraJames GrayRegency Enterprises
Plan B Entertainment
RT Features
Keep Your Head Productions
MadRiver Pictures
20th Century Fox
MidwayRoland EmmerichSummit Entertainment
Centropolis Entertainment
RuYi Media
Starlight Culture Entertainment Group
Street Entertainment
AGC Studios
Entertainment One
Lionsgate
BloodshotDavid S.F. WilsonColumbia Pictures
Cross Creek Pictures
Original Film
Valiant Comics
Annabell Pictures
The Hideaway Entertainment
Sony Pictures Releasing
Enter the Fat DragonKenji Tanigaki and Wong JingMega-Vision Pictures (MVP)
The Battle at Lake ChangjinChen Kaige
Tsui Hark
Dante Lam
August First Film Studio
Huaxia Film Distribution
China Film Co. Ltd.
Shanghai Film Group
Alibaba Pictures
Beijing Dengfeng International Culture Communications Company
$909,596,236 (China and international)
The Battle at Lake Changjin IIChen Kaige
Tsui Hark
Dante Lam
August First Film Studio
Huaxia Film Distribution
China Film Co. Ltd.
Shanghai Film Group
Alibaba Pictures
Beijing Dengfeng International Culture Communications Company
$626,571,697 (China and international)
Operation LeviathanDante Lam

External links

Notes and References

  1. http://www.polybona.com.cn/en/about.asp?id=134 Polybona Films - About Us
  2. Web site: Jonathan . Landreth . China's Bona Film Group Files IPO . 17 November 2010 . The Hollywood Reporter.
  3. http://www.varietyasiaonline.com/content/view/768/53/ Variety (Asia) Magazine
  4. Web site: Internet Giants Move From Behind the Camera to Front. Xu Fan (China Daily). June 18, 2015. June 19, 2015. english.entgroup.cn. EntGroup Inc.
  5. Web site: China Film Industry Report 2014-2015 (In Brief). https://web.archive.org/web/20151015224650/http://english.entgroup.cn/uploads/reports/China%20Film%20Industry%20Report%202014-2015%EF%BC%88in%20brief%EF%BC%89.pdf. dead. October 15, 2015. October 15, 2015. english.entgroup.cn. EntGroup Inc.
  6. Web site: Chinese Media Stocks Stage Major Rally in U.S. and Asian Markets. Patrick Frater. April 9, 2015. April 14, 2015. variety.com.
  7. Web site: Bona reports record results for 2015Q1. Kevin Ma. May 11, 2015. May 11, 2015. Film Business Asia. dead. https://web.archive.org/web/20150518081140/http://www.filmbiz.asia/news/bona-reports-record-results-for-2015q1. May 18, 2015.
  8. Web site: China's Bona Film Invests $235 Million in Fox Movie Slate. Patrick Frater. November 4, 2015. November 7, 2015. Variety.
  9. Web site: Alibaba Pictures, Tencent Lead $360M Funding Round in China's Bona Film Group. Patrick. Brzeski. December 20, 2016. December 21, 2016. The Hollywood Reporter.
  10. Web site: 'Transformers 4′ Tops 2014's 100 Highest-Grossing International Films – Chart. Nancy Tartaglione and David Bloom. January 10, 2015. May 11, 2015. Deadline Hollywood.
  11. Web site: THE TAKING OF TIGER MOUNTAIN. . May 11, 2015.
  12. Web site: China's Bona Film Group Racks Up Record First-Quarter Earnings. . Clifford Coonan . May 7, 2015. May 11, 2015.
  13. Web site: Operation Mekong. . February 6, 2017.
  14. Web site: Bona announces giant slate in Shanghai. Kevin Ma. June 19, 2015. June 19, 2015. Film Business Asia.
  15. Web site: Bona Film Seeks Status as Chinese Major Ahead of IPO. variety.com. 6 November 2016 . 2017-03-04.
  16. Web site: China's Bona Film Group to Co-Finance Tarantino's 'Once Upon a Time in Hollywood' (Exclusive). The Hollywood Reporter. Patrick. Brzeski. January 27, 2019. January 28, 2019.