Orange Sky Golden Harvest Entertainment Co Ltd (OSGH) 橙天嘉禾娛樂 is to remake 1999 Hong Kong romance Fly Me to Polaris 星願 (1999) (pictured) as part of a programme to revive its library of contemporary films.
Jingle MA 馬楚成, who directed the original with Richie REN 任賢齊 and Cecilia CHEUNG 張柏芝, returns to direct the new Chinese version. Production will begin in December on a budget of some RMB25 million ($3.96 million) with an all new cast.
OSGH has an outline corporate agreement with Sony and the movie will be filmed using their 4K cameras. The company says that the result will produce a better image, especially when shown in theatres that use the higher resolution 4K projectors. "It helps Sony and it will differentiate our movies and our cinemas," said Crystal Wang, company spokesman.
Wang said that the new film forms part of a 'Polaris series' that are neither simple remakes, nor direct sequels to the original film. The new Polaris will retain the theme of a human who falls in love with a ghost, but with an updated story. She described the package as "romantic and intriguing".
The company says it will produce one or two films per year, depending on script and story development. Of these some will be remakes, others may be co-productions with Hollywood companies.
Golden Harvest Entertainment Co Ltd 嘉禾娛樂事業有限公司 was one of the leading film producers in Hong Kong through the 1970s and 1980s, but sold much of its film catalogue to Star TV in 1993. That catalogue, renamed Fortune Star Entertainment (HK) Ltd 星空傳媒發行製作有限公司, is now owned by Chinese state-backed investment company China Media Capital 華人文化產業投資基金.
OSGH also detailed part of its further exhibition sector expansion. In a statement that precedes its official interim results announcement, OSGH said that it has opened seven new multiplexes in China and one in Taiwan (through its VieShow subsidiary) so far in 2012. It expects to show that gross box office takings in China have doubled in the first half.