EXCLUSIVE: Paradigm has signed Pasaca Entertainment, the Los Angeles-based media production and finance company behind the 2022 TIFF family drama, prisoner’s daughter.
Pasaca’s feature debut follows a dying convict (Brian Cox) as he attempts to reconnect with his daughter (Kate Beckinsale) and grandson (Christopher Convery) whom he never knew, his violent past returning then haunt them all. Also starring Jon Huertas, Ernie Hudson and Tyson Ritter, director Catherine Hardwicke’s film world premieres tonight at Roy Thomson Hall, as part of a gala presentation at the Toronto Film Festival. Pasaca co-financed the picture alongside Capstone Studios.
Led by CEO Jason Duan and Executive Producer Wen-Chia Chang, Pasaca Entertainment’s goal is to reinvent traditional genres and support underrepresented groups in entertainment. It plans to become a global content provider and studio with services including development and production of one-off projects or slates, with an eye on corporate and library acquisitions, and platform ownership. content distribution. The company’s slate of fully-funded original content will be announced soon, along with other co-funded productions.
Boasting more than 30 years of experience in international business and corporate finance, Pasaca CEO Duan’s background includes roles as vice president and general manager of the Taiwan office for the Wind Information Technology Corporation, a a leading financial data company in China, and chairman of the Wuhan Bright Education Group, which focuses on building and running international schools in China.
Currently heading the film and television finance department in Pasaca, Chang’s experience includes stints at David Dobkin’s Big Kid Pictures, as well as Village Roadshow Pictures Asia as development director, and Shanghai New Culture Media Group, as Director of International Projects.
Pasaca Entertainment is a wholly-owned subsidiary of Pasaca Capital Inc., a multi-billion dollar global private equity firm with interests in innovative technology, biotechnology, food science, medical devices, manufacturing and entertainment . The parent company’s portfolio includes Innova Medical Group, ATL Group, Caton Technology Group, Sweegen, Meepo and ASOCS.