Rakuten and The H Collective to Form Joint Venture to Produce Movies
TOKYO, August 1, 2019 – Rakuten, Inc., a global leader in internet services headquartered in Tokyo, and The H Collective, Inc., a Los Angeles-based film production and distribution company today announced that the two companies have signed an agreement to establish Rakuten H Collective Studio, Inc., a joint venture movie production company, in Japan.
Rakuten H Collective Studio will comprehensively engage in the in-house production of films, financing, intellectual property management, and the production and sale of video content on a variety of platforms.
In addition to film production, the company also plans to engage in a wide variety of activities, including creating music, comics, games and other goods based on the content of the films and selling advertising opportunities through product placement.
Additional projects to fall under Rakuten H Collective Studio include: Aaron W. Sala’s horror thriller The Beast which will be directed by Christine Crokos and The Remainders, an action-packed, two-handed revenge thriller written by Derek Kolstad (John Wick franchise).
Rakuten and The H Collective also established Rakuten Distribution Inc., a feature film distribution company that will primarily distribute films produced by The H Collective in Japan. Brightburn, starring Elizabeth Banks and produced by James Gunn (Guardians of the Galaxy) will be the first film to be released by Rakuten Distribution supported by TOHO-TOWA in Fall 2019.
Through Rakuten H Collective Studio and Rakuten Distribution, Rakuten and The H Collective aim to contribute to the revitalization of the entertainment industry around the world.
ABOUT THE H COLLECTIVE
Launched in 2017, and with offices in Los Angeles, The H Collective is a global film finance, production, marketing and distribution company that is producing and financing a diversified slate of high-quality films with strong Franchise IP potential. The slate includes Brightburn starring Elizabeth Banks which Sony released on May 24th and Christopher Cantwell’s thriller The Parts You Lose starring Aaron Paul. The H Collective acquired the rights to Aaron W. Sala’s horror thriller spec The Beast which will be directed by Christine Crokos and will produce the fourth installment of the xXx franchise starring Vin Diesel. For further information, visit: www.thehcollectivefilms.com.
ABOUT RAKUTEN, INC
Rakuten, Inc. is a global leader in internet services that empower individuals, communities, businesses and society. Founded in Tokyo, 1997 as an online marketplace, Rakuten has expanded to offer services in e-commerce, fintech, digital content and communications to more than 1.2 billion members around the world. The Rakuten Group has more than 17,000 employees and operations in 30 countries and regions. For further information, visit: https://global.rakuten.com/corp/
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