Philippines’ Fireplace and Ice Strikes Twin Offers With Potocol

Lately-established Philippines-based manufacturing and financing firm, Fireplace and Ice, has offers to offer completion funding to 2 movies being produced by prolific Singapore-based unbiased producer Potocol. Beneath a associated settlement, Fireplace and Ice has additionally struck a multi-faceted first-look cope with Potocol.

The completion funding, which provides Fireplace and Ice a share of the movie’s fairness, will allow the completion of post-production of upcoming Potocol titles: “Pierce,” a sports activities drama by Nelicia Low, and “Final Shadow at First Gentle,” by Nicole Midori Woodford. Each movies had been lately showcased at Focus Asia’s Far East In Progress, a part of the Far East Movie Competition in Udine, and are anticipated to be accomplished earlier than the tip of the 12 months.

The primary-look settlement covers titles on Potocol’s slate together with a venture by Rafael Manuel, winner of a Silver Bear in Berlin in 2020 for his brief movie “Filipinana,” and one other by cinematographer Russell Morton who lately shot Kenneth Dagatan’s Sundance hit “In My Mom’s Pores and skin” and “Tomorrow Is a Lengthy Time.”

Potocol is headed by Jeremy Chua and in comparatively its brief historical past has amassed greater than a dozen movie credit together with: “Rehana,” a Bangladesh movie that appeared in Cannes Un Sure Regard part in 2021; Jow Zhi Wei’ 2023 Berlin Technology movie “Tomorrow Is a Lengthy Time”; Makbul Mubarak’s “Autobiography,” which debuted final 12 months in Venice and has since had a stellar competition profession; and “Contained in the Yellow Cocoon Shell,” which debuted earlier this week in Cannes’ Administrators’ Fortnight part.

“We’re using on the Southeast Asian New Wave within the international movie business the place extra coproductions are occurring amongst Southeast Asian international locations. That is only the start for us, and Fireplace and Ice is able to uncover, accomplice and collaborate,” stated Diño-Seguerra. The primary-look deal doubtlessly stretches from improvement stage to manufacturing or distribution and provides the Philippines accomplice a precedence place forward of different personal fairness buyers.

The venture investments comply with the movement of recent funds into Fireplace and Ice from two different Philippines entities, Nathan Studios and CreaZion Studios. Fireplace and Ice is operated by Liza Diño-Seguerra, a former CEO of the Movie Improvement Council of the Philippines, and music star Ice Seguerra.

“We based this firm with a dedication to spend money on and champion Filipino and Southeast Asian tales and expertise. There’s a lot potential in tapping the worldwide market with tales that resonate. It’s about time we reap the benefits of this with the precise companions,” stated Diño-Seguerra.

Headed by fashionable actors Ria Atayde and Sylvia Sanchez, Nathan Studios is the fast-growing manufacturing firm behind the Richard Somes-directed motion thriller Set off (aka “Topakk”), which lately premiered on the Incredible Pavilion of Cannes’ Marché du Movie, and is a part of ABS-CBN’s crime motion sequence “Cattleya Killer,” which performs as an Amazon Prime Video unique.

CreaZion Studios is a joint media enterprise between its chairman Rex Tiri, president RJ Agustin and chief inventive officer Actual Florido who’ve quite a few credit in producing, appearing and directing fashionable content material. CreaZion Studios is already working with Fireplace and Ice on ‘Severino,’ a sequence in improvement set for worldwide distribution in regards to the first documented serial killer within the Philippines. It’s scheduled to star Dennis Trillo (“On the Job: The Lacking 8”).

“Our aim is to be a part of the wide-scale manufacturing of elevated Asian tasks. With ‘Severino’ underway, one of many largest sequence within the area, we’re excited to proceed diversifying and increasing our market potential by partnering with outward trying producers and tasks,” stated Florido.