Paul Schrader on ‘Mishima’ Finally Screening at Tokyo Film Festival and Why He Thinks ‘People Will Pay’ to Watch AI Actors: ‘Use a Bit of Brando and Kevin Costner and Make an Exciting Movie’

Tetsu Fujimura's keynote at TIFFCOM highlighted the rapid global rise of Japanese intellectual property, suggesting it is becoming a key industry for Japan, comparable to its automotive sector. This shift is significant as it showcases Japan's cultural influence and potential for international collaborations, making it an exciting time for creators and businesses alike.

Thailand is emerging as a leading film production hub in Asia, thanks to a 30% film incentive and strong infrastructure, as highlighted by Apinat Obb Siricharoenjit at the Tokyo International Film Festival. This transformation not only attracts filmmakers but also boosts the local economy and showcases Thailand's potential on the global stage.

The team behind the film 'Morte Cucina' highlighted significant challenges in cash flow financing for Asian co-productions during a seminar at the Tokyo International Film Festival. This issue is crucial as it affects the ability of filmmakers across multiple countries, including Thailand, Singapore, and Taiwan, to collaborate effectively and bring diverse stories to the screen. Addressing these financial hurdles is essential for the growth and sustainability of the Asian film industry.

At the Tokyo International Film Festival, Eriko Miyagawa, producer of 'Shogun', pointed out significant challenges facing Japan's film infrastructure despite improvements in production incentives. This issue is crucial as it affects the country's ability to attract and support large-scale film projects, potentially limiting its competitiveness in the global film industry.

The future of the Emmy-winning series 'Shogun' looks promising as producer Miyagawa Eriko expressed interest in filming upcoming seasons in Japan. During a panel at the Tokyo International Film Festival, she highlighted the need for improvements in infrastructure and incentives to make this a reality. This move could not only enhance the authenticity of the series but also boost Japan's film industry, making it a significant development for both fans and local filmmakers.

At the Tokyo International Film Festival, Schuyler Weiss, the producer of 'Elvis,' highlighted Australia's potential as a global production hub. His insights, drawn from two decades of collaboration with renowned director Baz Luhrmann, underscore the strength of Australia's film ecosystem. This is significant as it positions Australia as an attractive destination for filmmakers, potentially boosting the local economy and enhancing its global cinematic presence.

Exciting news for fans of Hong Kong cinema! The sequel to the popular film 'Twilight of the Warriors: Walled In' is set to begin shooting in March 2026, as announced by director Soi Cheang at the Tokyo International Film Festival. This development not only promises to continue the thrilling story that captivated audiences but also highlights the ongoing vitality of the Hong Kong film industry. With a prequel also in the works, this franchise is gearing up for a significant comeback, making it a noteworthy event for both fans and filmmakers alike.

The Tokyo International Film Festival's market arm, TIFFCOM, is experiencing remarkable growth, with CEO Shiina Yasushi highlighting a shift towards becoming a co-production and financing hub. This transformation is significant as it reflects the increasing international interest in Japanese cinema and the potential for collaborative projects. With 322 exhibiting companies expected in 2025, up from 283, TIFFCOM is positioning itself as a key player in the global film industry, fostering partnerships and innovation.

FilmSharks has made a significant move by acquiring the world sales rights to 'The Convent,' a film that explores a unique and dark narrative set in a convent in southern Spain. This acquisition highlights the growing interest in unconventional stories within the film industry, and it could pave the way for more innovative projects to gain international attention. Additionally, the news of 'Guns & Moses' being released in the U.S. and the Canadian indie feature 'Nobody Sees Me Like You Do' adds to the excitement, showcasing a diverse range of films that are capturing audiences' imaginations.

Comcast has reported a strong quarterly performance, surpassing Wall Street expectations, largely driven by a 19% revenue growth in its Theme Parks division, thanks to the success of Epic Universe. Despite tough comparisons to last year's Paris Olympics, the company has shown resilience with steady advertising revenue from Peacock and a reduction in domestic broadband losses, alongside an increase in wireless customers. This positive trend highlights Comcast's ability to adapt and thrive in a competitive market, making it a significant player in the entertainment and telecommunications sectors.

Fox Corp. has exceeded Wall Street's expectations in its fiscal first quarter, reporting adjusted earnings per share of $1.51 and total revenue of $3.7 billion, surpassing analysts' predictions of $1.06 per share and $3.58 billion in revenue. This strong performance is particularly noteworthy given the sluggish growth in the advertising sector, which is crucial for the company's overall success. This news is significant as it highlights Fox's resilience and ability to perform well even in challenging market conditions.

Fox Corporation reported a 5% increase in revenue for its first fiscal quarter, amounting to $174 million, driven by higher cash from advertising and distribution. However, the company's profit took a hit due to rising operating expenses, resulting in a net income of $599 million for shareholders. This news highlights the ongoing challenges companies face in balancing revenue growth with increasing costs, a situation that could impact future financial strategies.

Nexstar Media Group has announced the extension of CEO Perry Sook's contract until 2029, a move that reflects confidence in his leadership as the company aims for further growth. With over 200 stations across 116 markets, Sook's continued guidance is crucial as Nexstar seeks to expand its influence in the broadcasting industry. This decision not only secures stability at the top but also signals Nexstar's ambition to enhance its market presence, which is significant for both investors and viewers.

The acclaimed Bulgarian directing duo Kristina Grozeva and Petar Valchanov are set to release their latest film, 'Black Money for White Nights,' which explores the absurdities of life in post-communist Bulgaria through the story of a couple who fall victim to a travel scam. This film, currently in post-production, promises to be a tragicomic reflection on moral erosion, making it a significant addition to contemporary cinema. Its presentation at the Thessaloniki Works in Progress program highlights its importance in addressing societal issues while entertaining audiences.