:00:00. > :00:07.Now on BBC News, it's time for Talking Business.
:00:08. > :00:12.Entertainment is big business. Is Hollywood looking East to try to
:00:13. > :00:18.capture hearts and purses? What about new forms of entertainment,
:00:19. > :00:24.like a viral video on the Internet. That gets you use, but do they make
:00:25. > :00:26.any money? Here in Singapore, I am Linda Yueh and we are talking
:00:27. > :00:56.business. Welcome to our entertainment
:00:57. > :01:04.special. 2013 saw a Hollywood first, and movie filmed in China in Chinese
:01:05. > :01:12.as well as English. Man of Tai Chi was the directorial debut of Chianti
:01:13. > :01:14.reads. The movie tells the story of a martial artist who finds
:01:15. > :01:18.themselves embroiled in the dangerous but the group took four
:01:19. > :01:22.underground fighting. It is the latest in a string of films that
:01:23. > :01:30.takes inspiration from the East. Joining us now is the producer of
:01:31. > :01:35.the film. It is a delight to have you join us. I want to ask about
:01:36. > :01:40.this kind of reduction. Was it difficult to get funding, is that
:01:41. > :01:46.why you went to China? It was difficult to get funding. That is
:01:47. > :01:52.not why we went to China. The driving force behind it was the
:01:53. > :01:59.director wanted to make a Chinese film. A lot of your work does look
:02:00. > :02:02.East. Is there a particular reason? This story was born out of a
:02:03. > :02:08.friendship with his stump man who worked with him on the matrix, he is
:02:09. > :02:12.the coup leader in the movie. He really wanted to come to China and
:02:13. > :02:19.make a movie with him. That aside again.
:02:20. > :02:30.Are there things that can be learnt from the Chinese industry? When we
:02:31. > :02:34.go to China to make movies we are guests in that country. At the same
:02:35. > :02:43.time they want to learn from us how we do it because their industry is
:02:44. > :02:53.evolving and they are discovering audience taste and hide the box
:02:54. > :03:01.office works. It is not just about the Chinese money, it is more about
:03:02. > :03:05.a new market that" a lot of possibilities for storytelling, for
:03:06. > :03:10.business, all kinds of things. The only advice I would give to anybody
:03:11. > :03:18.when there is to remember you are a guest in the country and want to
:03:19. > :03:33.make sure that you act accordingly. What is it like to work with Keanu?
:03:34. > :03:39.It is great. He is an extraordinary talent. Although it was his debut as
:03:40. > :03:41.a director, it wasn't like as first time because he had so much
:03:42. > :03:48.experience working with great direct is. He is a reliable sort of guy
:03:49. > :03:56.that understands production, understands what my job is and his
:03:57. > :04:01.leadership is one that is very inspiring, they united the entire
:04:02. > :04:05.crew and the business people and everybody to rally around him. I
:04:06. > :04:11.would say I highly recommend it if you ever get the chance to work with
:04:12. > :04:18.him! Thank you very much for speaking to us.
:04:19. > :04:22.The way this film was funded and film raises a host of questions
:04:23. > :04:29.about where movie production is headed. Joining me now in the studio
:04:30. > :04:34.on Hollywood's crossover with Asia is Mark, the Flying Dutchman. He has
:04:35. > :04:40.been an entertainer in Asia for 30 years. We have a radio DJ and act
:04:41. > :04:44.dress. She starred in one of the most popular sitcoms in Singapore
:04:45. > :04:56.and has served under place firmly on the Asian entertainment scene. And
:04:57. > :05:05.Robin, trends after across -- across Asia. Welcome to the programme.
:05:06. > :05:10.Mark, is this collaboration between Hollywood and Asia the genuine
:05:11. > :05:16.article really about collaboration, or just searching for audience? I
:05:17. > :05:23.think Hollywood has realised that there are a lot of dollars in Asia.
:05:24. > :05:31.You have done a movie, using a Chinese crew, filming in China
:05:32. > :05:40.because you know you will earn big money in China. I man had for extra
:05:41. > :05:47.minutes in China, the same thing with avengers and Batman. It is all
:05:48. > :05:56.about the Chinese dollar. That sounds a bit cynical. I love sitting
:05:57. > :06:00.on the fence. It is about the dollar at the end of the day, and you have
:06:01. > :06:09.to start somewhere stop they want to grow their audience, then you have
:06:10. > :06:21.to get in there with a collaboration with them. We are here to give you
:06:22. > :06:31.more entertainment, and thank you very much for your dollar. When
:06:32. > :06:38.Carrie Grant on we have earned -- and Audrey Hepburn were in Europe,
:06:39. > :06:47.nobody thought that was strange trying to drum up business. I don't
:06:48. > :06:53.think you can blame the animal for wanting to get more dollars. I think
:06:54. > :06:59.you can see Asian artists moving to Hollywood, then moving back to Asia.
:07:00. > :07:03.It is much more of a revolving door. There is the dollar imperative, but
:07:04. > :07:08.as a consequence, you can see people mix of a lot more. The conjuring,
:07:09. > :07:27.that was directed by a guy who grew up in Malaysia. It is a story
:07:28. > :07:33.inspired by Asian ghost stories. When you mix these different
:07:34. > :07:45.cultures, it opens up a new door for a new storylines, a new look. We are
:07:46. > :07:49.exotic! UDC and number of Chinese actors and actresses gone over to
:07:50. > :08:02.Hollywood and working. Why is it always just China? You don't see
:08:03. > :08:09.enough of India in Hollywood. Are you talking about Bollywood actors?
:08:10. > :08:25.You don't see enough of them in Hollywood. Just doing it pieces.
:08:26. > :08:33.Arnold Schwarzenegger'snew movie is directed by a Korean. Nicole
:08:34. > :09:05.Kidman'snew movie directed by act Korean. If you go back to 1976 or
:09:06. > :09:15.79, there were some Bollywood act as working in Hollywood. If you talk
:09:16. > :09:26.about this global movie scene, is Hollywood the be all? I have been
:09:27. > :09:31.asking this question for 30 years. Has Hollywood learned to use their
:09:32. > :09:35.dollars to globally generate hype? Is that really what it is. His
:09:36. > :09:41.Chinese cinema that far behind Hollywood's, is Bollywood Heinz
:09:42. > :09:51.Hollywood? Or does Hollywood have so much money to generate the hype?
:09:52. > :09:53.Would you consider Hollywood's? It is so universally known and easily
:09:54. > :10:00.accessible that people think of it as the leader in cinema. With the
:10:01. > :10:09.Chinese market and its filming industry, it could overtake America
:10:10. > :10:15.in the dollar cents. I think we are moving into this concept of the
:10:16. > :10:22.living end this multipolar world and will not just be one big superpower.
:10:23. > :10:35.It was so exciting when John Woo went to Hollywood's -- Hollywood's,
:10:36. > :10:44.and the tender to be appointing. -- and it ended up being a little bit
:10:45. > :10:50.disappointing. Hollywood actors can fly from tree to tree the way the
:10:51. > :10:56.Asian ones can! Thank you very much to my panel. It is not just China
:10:57. > :10:59.and Korea that are gaining popularity with global audiences,
:11:00. > :11:12.Hollywood has long been watched outside India. Mr or is filming his
:11:13. > :11:29.latest action film in London. The fact is it is already dominating
:11:30. > :11:34.the entertainment landscape. Formally, the Western media has not
:11:35. > :11:38.caught up with it. If you look at the sheer numbers of videos out
:11:39. > :11:46.there, films that are out there, the sheer numbers of music, the numbers
:11:47. > :11:51.far exceed the US and Europe together. Now, it is not quantified
:11:52. > :11:55.because nobody has bothered to quantify it like Western
:11:56. > :12:00.entertainment product is. And I'm probably in certain sectors, it is
:12:01. > :12:04.not as highly prized. Shakka, how are these big
:12:05. > :12:09.international film projects being funded these days?
:12:10. > :12:13.If you look at career, its rise in film and television has been very
:12:14. > :12:18.much driven by the Korean government. They started funding
:12:19. > :12:23.Korean television, and now you go to China, it is dominated by Korean
:12:24. > :12:28.television. In Singapore, Korean television is really popular. In
:12:29. > :12:32.eastern parts of India, Korean TV is more popular than Indian TV. It is
:12:33. > :12:37.partly the way the government does it. In China, the government is
:12:38. > :12:42.doing it. The infrastructure the government is providing to local
:12:43. > :12:48.film-makers, they are adding nine screens every day. Most of them
:12:49. > :12:52.digital, many 3D. They are increasing the infrastructure to
:12:53. > :12:56.which people can go. In India, film is an obsession. Out that
:12:57. > :13:01.obsession, when someone makes a lots of money, you know what they say
:13:02. > :13:05.is, the best time for Indian cinema is when there has been a good
:13:06. > :13:09.monsoon. When there is a good monsoon, the farmers have a lot of
:13:10. > :13:17.tax-free money. They all come to Bombay and say, we are going to make
:13:18. > :13:20.movie. There is a cultural obsession with movies that does not exist in
:13:21. > :13:25.the West, that exists in India. One Company in India says, we have
:13:26. > :13:28.dominated, we have done the best we can in the Indian market, let's go
:13:29. > :13:32.international. If Hollywood funding is changing
:13:33. > :13:36.because of the global nature of the industry? If you make a Hollywood
:13:37. > :13:40.film, how is that funded? Or Hollywood has become very
:13:41. > :13:46.corporate. There is a huge movement saying independent film funding, but
:13:47. > :13:51.for a while that was from hedge funds which collapsed. They are
:13:52. > :13:57.coming back little bit. Then, there were countries that came in. The
:13:58. > :14:03.Korean government got their fingers burned, the Japanese. A lot of
:14:04. > :14:14.Indian funding. Companies like Reliance, Stephen Spielberg, funded
:14:15. > :14:18.with a $600 million deal. Finding Hollywood for the same reasons as an
:14:19. > :14:25.addiction to cinema. If you come to Hollywood now, the big visual
:14:26. > :14:30.effects houses, most of the big visual effects houses are being
:14:31. > :14:36.bought by Indian entrepreneurs, Chinese entrepreneurs. Somehow what
:14:37. > :14:44.will happen is, the reason they are buying it is because they are
:14:45. > :14:49.transferring back into China and India where they can do it cheaper,
:14:50. > :14:59.to keep these going. For example, the company that did Life of Pi.
:15:00. > :15:02.That was bought by an Indian animation company. Transferring it
:15:03. > :15:07.back to India to keep it going. In doing this, they are transferring
:15:08. > :15:14.technology to India. As I said, that is what the US will see, technology
:15:15. > :15:20.moving to Asia, Hollywood will struggle to survive as a major
:15:21. > :15:23.film-making hub. Hollywood may be facing competition
:15:24. > :15:27.from around the world, but the biggest game changer has been the
:15:28. > :15:36.Internet. People are getting their Entenmann, Chamakh -- entertainment
:15:37. > :15:57.on the go. The video which captured at this year is what captured much
:15:58. > :16:02.about is what sound the Fox makes. The video has been seen by a quarter
:16:03. > :16:06.of a billion people over the world. It has made them so busy, the only
:16:07. > :16:11.time we caught them was when they were in New York on a press tour and
:16:12. > :16:14.I was on assignment in Japan. Through the wonders of technology, I
:16:15. > :16:23.asked why they thought their video went viral?
:16:24. > :16:30.Put me down, put my feet back on the ground.
:16:31. > :16:34.The secret is you can't plan for this to happen, this happened by
:16:35. > :16:40.accident, as it does most of them. The story is, we have a talk show,
:16:41. > :16:46.my brother as well, two of us. There was only one chair today, so I am
:16:47. > :16:55.doing it alone. We have a comedy talk show. We make comedy and music
:16:56. > :16:59.videos. This was meant to be three minutes of Norwegian comedy. We
:17:00. > :17:05.released it on YouTube as we do with every song we make. Somehow, it
:17:06. > :17:12.started travelling. The numbers kept on. Kept on piling up.
:17:13. > :17:18.How much have you made from YouTube? It is impossible to find out. I have
:17:19. > :17:23.been asking so many times. The music industry is the strangest industry
:17:24. > :17:30.in the world. No one knows how much or if you will earn anything at
:17:31. > :17:36.all. For now, I have had no pay-outs. We will see. I don't know.
:17:37. > :17:41.We are just doing it for fun. We will keep doing it no matter what.
:17:42. > :17:47.Hopefully they will cover the airline tickets or something!
:17:48. > :17:50.Surely you will get something? Something in due course?
:17:51. > :17:59.I would assume we would. I heard some figures, after 1.5 billion
:18:00. > :18:04.hits, the first million dollars. Then you have to divide that among
:18:05. > :18:08.the hundreds of people involved. You don't make a lot of money on
:18:09. > :18:19.YouTube, I don't think so. You have collaborated now with Crayon --
:18:20. > :18:25.Korea. How important is the Asian market,
:18:26. > :18:32.and US market which has traditionally been the largest?
:18:33. > :18:37.Everyone has been talking about the rise of Korean pop. It is a big
:18:38. > :18:42.thing. I do not think you can say the same for European use it as far
:18:43. > :18:46.as importing to the US. If you have a good song, it will travel. It is
:18:47. > :18:54.not important to us where we have future fans. As many as possible, of
:18:55. > :18:58.course. When we went to Hong Kong, we did some interviews with the
:18:59. > :19:04.Korean press and they told us we had been number one to six weeks. We
:19:05. > :19:09.didn't even know. We were super excited. For us, it adds to the
:19:10. > :19:15.comedy, and it adds to the greatness of life. It is both something we
:19:16. > :19:20.really enjoyed to be, of course, who doesn't want to be number one? It
:19:21. > :19:32.emphasises the comedy in the whole concept.
:19:33. > :19:37.For more insight into what the new norm in the entertainment industry
:19:38. > :19:43.is, still with me are my panel, Robin Marrone and Burnett Lopez.
:19:44. > :19:50.Penetta, Howell have music tastes changed because of the advent of
:19:51. > :19:53.online and YouTube? Everything is digital, online,
:19:54. > :19:58.especially for the younger crowd. Let's not take it away from all age
:19:59. > :20:04.groups. You want to download stuff, see it on the go, it immediately.
:20:05. > :20:11.From so many sources, some illegally. Which we won't talk
:20:12. > :20:17.about. No, no. It is a voracious appetite. With people trying to get
:20:18. > :20:23.into the business, they tend to use viral videos to get in there.
:20:24. > :20:28.Mark, the big question, how do you make a viral video? You get up and
:20:29. > :20:35.you be yourself. That is what it is. This will go viral clearly. If I got
:20:36. > :20:41.up and sang right now, I would have a whole new career! If you look at
:20:42. > :20:45.the Fox video. If they had taken that to a record label and said, I
:20:46. > :20:49.want to sell this record, no one would have taken them seriously.
:20:50. > :20:54.There they go on YouTube, they put it at that and the world loved it. I
:20:55. > :21:02.don't understand it but it makes me happy listening to it! I didn't know
:21:03. > :21:10.those were the sound Fox is made. On that night -- note, how do you make
:21:11. > :21:24.money from a viral video? I can speak about Psi. Gangnam
:21:25. > :21:29.Style. We all saw the video. Then we saw parody videos, translated into
:21:30. > :21:35.different mortgages, different context, Singapore style. There is a
:21:36. > :21:40.concept setting on YouTube where you say, you can have my music and do
:21:41. > :21:46.what you want, but I want a cut of your video. That is what his team
:21:47. > :21:52.did. It meant it expanded. People were translating his video for him.
:21:53. > :21:54.I do not speak Korean but I knew it was fantastic.
:21:55. > :22:00.Final question to my panel. The most revealing question I ask you. What's
:22:01. > :22:04.the last video you watched on YouTube?
:22:05. > :22:14.My parents are watching, it is censored! It was the one we watched
:22:15. > :22:20.while we were on radio. Theh People Versus Winter. People skating on ice
:22:21. > :22:25.and injuring themselves really badly.
:22:26. > :22:28.They put it on video. One guy actually forgets it is winter and
:22:29. > :22:36.tries to dive into a swimming pool, and it is frozen ice. But if it was
:22:37. > :22:44.using video, it would be the last one, Ilvis.
:22:45. > :22:50.Because I had to do a round-up of the most searched towns, it was an
:22:51. > :22:59.Indonesian street performer kid, with a ukelele, singing, sweet,
:23:00. > :23:05.singing in Indonesian in a way I don't know. He has apparently become
:23:06. > :23:11.quite big, he has toured with a band. He is this high, really sweet.
:23:12. > :23:18.A crazy moment, how long would it have taken that kid to have reached
:23:19. > :23:22.that level ten years ago? Love it, love it. I won't tell you
:23:23. > :23:29.the last thing I watched on YouTube. I would like to thank my panellists.
:23:30. > :23:37.I am not leaving until you tell us. We have heard from the producer of
:23:38. > :23:42.man of Tai Chi. From the Oscar-winning director of Elizabeth.
:23:43. > :23:47.What this disparate group reveals is the change in taste of how we see
:23:48. > :23:55.entertainment today. That's all we have time for today. Check us out.
:23:56. > :24:08.See you next week for more Talking Business.
:24:09. > :24:16.Good evening. As is often the case this time of year, Sunshine by day,
:24:17. > :24:23.by night, the Frost arrives, widely forming. For some, it is already
:24:24. > :24:24.there. Across western areas, this cloud will take away