方齋夜話--殘夢軒

SCREEN MEDIA FILMS PICKS UP “FORMOSA BETRAYED”

HOLLYWOOD, CA – October 28, 2009 – Screen Media Films has acquired worldwide rights in all media to Formosa Betrayed, which made its international debut at the Montreal World Film Festival.

Formosa Betrayed, a political thriller set in the 1980s, is the initial project for Formosa Films, a newly formed production and finance company created by Will Tiao.   Adam Kane (TV credits include Heroes, Pushing Daisies, Mercy) directs his feature debut.

Story is inspired by actual events. An FBI Agent investigates the murder of an Asian professor at a small college. Agent follows the fleeing killers to Taiwan, where he finds himself on a collision course with the FBI, the State Department, the Chinese Mafia, and the Government of the Republic of China.

James Van Der Beek stars as the FBI Agent and Wendy Crewson plays a US diplomat in Taiwan.  John Heard, Tzi Ma, Will Tiao, Leslie Hope, and Kenneth Tsang round out supporting cast.

Tiao, a former international economist with the Clinton and Bush Administrations, raised the funds for the $8 million project from private equity based on concept, and has nearly 300 investors in the project.  Investment bank Berthel Fisher Financial Services provided completion funds.

Formosa Betrayed recently screened for Members of Congress in Washington DC, which was highly attended due to heightened interest in US-Taiwan-China relations.  Film also recently won Best Picture and Best Actor for Van Der Beek at the San Diego Film Festival, and Audience Award for Best Narrative Feature at the Philadelphia Asian American Film Festival.
Formosa Betrayed is to be released in theaters in February 2010 in 15-20 North American cities.

Screen Media will rep worldwide rights and begin selling territories at the European Film Market in February 2010.  Deal was brokered by the Paradigm Motion Picture Finance Group, Kevin Mills of Kaye & Mills LLP, and Screen Media’s President Robert Baruc and VP of International Michael Dwyer.

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http://www.facebook.com/l/bfd31;www.hollywoodreporter.com/hr/content_display/film/news/e3ib210d7c7d7c12f5f2bb884e8503cdc69

http://www.facebook.com/l/bfd31;www.variety.com/article/VR1118010599.html?categoryId=13&cs=1&cache=false

http://www.facebook.com/l/bfd31;www.screendaily.com/news/distribution/screen-media-films-takes-world-on-political-thriller-formosa-betrayed/5007505.article