Singapore-listed production house, G.H.Y Culture & Media, has announced its second mainland Chinese co-production in a week, adding a drama series with the Alibaba-owned streamer, Youku, to the co-pro with iQiyi announced this month.
Filming on the Youku series, "My Destiny", is scheduled to start in November, with a tentative completion date in the second half of 2005.
In the Singapore Stock Exchange announcement, G.H.Y highlighted its production capabilities as well as its business relationships and partnerships, saying “the Joint Production Agreement is expected to contribute positively to the Group’s revenue performance”.
This month’s announcements come two months after G.H.Y reported a soaring loss of S$18.7 million for the half year to end June 2024 from S$1.9 million in the same period the previous year. The company blamed the cancellation of the China Tournament January 2024 soccer event organised with Al Nassr Club Company.
G.H.Y said in its latest announcement that it had “built up a strong track record of commercial success with selected dramas and films produced by our Group, garnering positive reception and high viewership ratings, particularly in the PRC”.
The co-production agreement was signed with G.H.Y Culture & Media’s Beijing Changxin Film & Media.
G.H.Y is also producing "Strange Tales of Tang Dynasty 3: Chang’an" for iQiyi. The series is a sequel to "Strange Tales of Tang Dynasty".