Type | Private [1] |
---|---|
Industry | Film |
Founded | June 2017 |
Headquarters | , United States |
Website | www |
The H Collective is a United States-based film finance, production, marketing and distribution company founded in 2017. [2] The company has Chinese and American backers. THC is headquartered in Los Angeles, [1] and it has offices in Shanghai and Berlin. [3] THC's "first global title" was the 2019 film Brightburn , [4] for which it was developing a sequel in 2023. [5] THC acquired the rights to the XXX film series from Revolution Studios in 2018 to produce a fourth film, [6] but faced a lawsuit from Weying Galaxy in 2020 over alleged misrepresentation and unauthorized transactions concerning those rights. [7]
In 2019, THC formed a partnership with Japanese technology conglomerate Rakuten, [8] although it ended by 2023. [5] THC expanded its operations to Saudi Arabia, focusing on film development and production in the Arabic-speaking market. [9] THC has also ventured into integrating Metaverse, Web3, and AI technologies into film production through its new subsidiary, H3 Entertainment. [5]
The H Collective was launched during the 2017 Shanghai International Film Festival with the goal of financing and/or producing four films a year in its first four years. [2] In the following September, the company hired as CEO Nic Crawley, who was the president of international marketing and distribution for Paramount Pictures. [10] The company subsequently hired Jenna Sanz-Agero as EVP Business Affairs and Operations and Ivy Sun as CFO. [11] The company is financially backed by Chinese brothers Kenneth Huang and Kent Huang as well as other Chinese and American backers. [1]
In April 2018, THC partnered with Sony Pictures to market and distribute THC's films. [6] In the same month, Sherryl Clark was hired as THC's President of Production. Sanz-Agero was promoted to Chief Operating Officer, and Sun was promoted to Chief Strategy Officer. Del Mayberry replaced Sun as the CFO. [12] In the following May, THC partnered with the online video platform company iQiyi to co-produce three films. [13]
In May 2019, Japanese technology conglomerate Rakuten took a stake in THC's upcoming films, also establishing a joint venture with the studio to distribute films in Japan. [8] By the following August, THC partnered with Rakuten to establish Rakuten H Collective Studio, a joint venture for film production in Japan, and Rakuten Distribution, which will primarily release films produced by THC. [14] By September 2023, THC ended its partnership with Rakuten. [5]
In 2020, THC opened in Berlin an office that would focus on film development and production, with Mark Rau as Europe CEO. [3] In January 2022, THC signed a co-production deal with Inqisam Studios, a Saudi Arabian sub-company of Nowaar Entertainment, to co-invest and produce films and TV shows with a focus on the Arabic-speaking market but aimed at global audiences. In the past year, multiple executives left THC's Los Angeles office, which was being overseen by Kent Huang. [9]
In September 2023, THC launched H3 Entertainment, a new company focused on integrating Metaverse, Web3, and AI technologies into film production. H3 Entertainment is based in Dubai and Hong Kong, with seed investors from London, Singapore, and Hong Kong. [5]
The H Collective's first projects in 2017 were distributing and marketing in the Americas the films Hanson and the Beast , Wolf Warrior 2 , and A Better Tomorrow 2018 . [15] THC also started in June 2017 backing six projects including The Parts You Lose (ultimately released in 2019) and a fourth installment of the XXX film series (not yet produced). [16] In April 2018, THC acquired the rights to the XXX film series from Revolution Studios. [15] In October 2020, Weying Galaxy filed a lawsuit against THC alleging fraudulent misrepresentation in the XXX deal, claiming it was misled into contributing over $6 million towards acquiring derivative rights. Weying sought punitive damages and control over a joint venture, following discoveries that contradicted initial claims about the acquisition of rights, leading to financial and operational setbacks. [7]
In 2018, THC financed and produced the film Brightburn with Troll Court Entertainment, the company of James Gunn, one of the film's producers. [17] With a release in 2019, Deadline Hollywood called Brightburn THC's "first global title". [4]
The first film that was planned under THC's 2019 partnership with Rakuten is Beast, based on a Black List script by Aaron W. Sala, [18] which was acquired in March 2018 by THC in a mid-six figure deal. [19] Morena Baccarin was cast in the starring role, and Espen Sandberg was hired to direct the film. Pre-production was planned in New Zealand in late March 2020, [18] but due to concerns of the COVID-19 pandemic there, the preparation was halted. [20] There have been no subsequent updates or announcements regarding the film's resumption.
THC said in September 2023 that it is developing a sequel to Brightburn. [5]
Year | Film | Notes | Ref. |
---|---|---|---|
2017 | Hanson and the Beast | North and South American distribution rights | [15] |
2017 | Wolf Warrior 2 | North and South American distribution rights | [15] |
2018 | A Better Tomorrow 2018 | North and South American distribution rights | [15] |
2019 | The Parts You Lose | Produced by The H Collective and Gran Via Productions, distributed by Samuel Goldwyn Films | [10] |
2019 | Brightburn | Produced by The H Collective, distributed by Screen Gems | [21] |
2021 | Wrong Turn | Produced by The H Collective and Constantin Film, distributed by Saban Films | [22] |
Projects in development by The H Collective include The Vineyard, Beast, The Remainders, and Shadow Song. [23]
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