Two Japanese animated films - the latest instalments in the Detective Conan and Doreamon franchises - also ranked in the top ten. Only two US studios titles - Fast X and Elemental - made it into the top ten in 2023, while six local productions made the chart, headed by The House Of No Man, Ly Hai’s Face Off 6: The Ticket of Destiny and period drama Song of the South. “So that age group is basically dictating the tastes of the market: Local romance, comedy and horror as well as movies from Korea, Thailand and Indonesia.” Justin Kim, CJ ENM’s Head of International Film Production, adds that it’s also a demanding and unforgiving audience: “They’re very active on social media, especially TikTok and Instagram, and will react quickly if they think the quality of a movie is not so good.”Ĭurrently, it’s also an audience that seems to prefer local films to Hollywood fare. “It’s a very young audience - we estimate that up to 80% are under the age of 29,” says CJ HK Distribution Supervisor Nguyen Tuan Linh. Korea’s CJ ENM and Lotte are also active in financing and producing Vietnamese-language movies - CJ with films such as Mai and The House Of No Man and Lotte with titles including Le Van Kiet’s 2019 action film Furie and Victor Vu’s recent period drama The Last Wife. Recently, Vietnam has also seen the emergence of hip new cinema chains, such as Beta Cinemas and Cinestar, which offer lower ticket prices aimed at students and middle income cinema-goers.Īlso driving the market is a lively local production sector that is experimenting with new genres and making a wider range of films - again an achievement considering that private companies were only allowed to start producing in the mid-2000s. The growth is due to a few factors, but one of the biggest is the multiplex building programmes undertaken by Korean exhibitors CJ CGV and Lotte Cinema, along with local studios Galaxy Cinema and BHD Star Cineplex. The films set records for a local horror movie in Vietnam despite the fact that January is usually a quiet month ahead of Tet. Before the Tet holiday, 89s Group’s horror Quy Cau, from first-time director Luu Thanh Luan, topped the box office for six consecutive weeks, grossing more than VND108BN ($4.5M). The busy release schedule reflects a vibrant market that has seen stellar post-pandemic recovery - by some counts the second fastest recovery in Asia following India - along with a young but dynamic local industry. Also opening in this period were Japanese animation Spy X Family Code: White, which came in third, followed by US studio films Madame Web and Argylle. Two other local films also opened on February 10 - Hoang Tuan Cuong’s music-themed Bright Lights ( Sang Den) and Le Hoang’s drama Tea - but withdrew from cinemas after a few days as the battle was so intense. There’s this one cabin on the Universal lot where they’ve shot a million things - we were going to take over that cabin.īut I think they started to realize that the health and safety risks involved at that moment, and also the cost implications of basically not letting people leave, would mean everyone was on overtime for the entire shoot, and they pulled the plug on it.Japan's Toho Acquires 25% Stake In Fifth Season Korea's CJ ENM Remains Majority ShareholderĪlso released over the holidays, known as Tet in Vietnam, was Nhat Trung’s comedy Meet My Pregnant Sister Again, which came in second with $3M.
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‘Would you be willing to move into the hotel on the Universal lot with all the actors from ‘Truth or Dare’ and the crew, and quarantine with everyone and make a movie during the height of the pandemic?’ I was in, and we started prepping it.
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Check out the full quote from Wadlow below: During the COVID-19 pandemic, Jason Blum gave Wadlow and the cast the opportunity to “ move into the hotel on the Universal lot.” The studio later realized that there were too many “ cost implications of basically not letting people leave” due to COVID regulations, so the project was scrapped. Speaking with Variety, Wadlow revealed that his initial plans for Truth or Dare 2 involved a meta story where the events of Truth or Dare happen to the actors whilst on vacation together.
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Now, Wadlow explains why Blumhouse cancelled Truth or Dare 2.