Country for PR: United States
Contributor: PR Newswire New York
Friday, October 30 2020 - 23:45
AsiaNet
Xtreme Pictures Acquires and Produces Vin Diesel xXx Film Franchise
LOS ANGELES, Oct. 30, 2020 /PRNewswire-AsiaNet/ --

Xtreme Pictures Inc., the U.S.-based film and media investment and media 
property holding company and wholly-owned subsidiary of Cayman Islands' company 
Xtreme, has acquired and now co-owns the rights with Vin Diesel of the xXx film 
franchise.

The American action film series was created by Rich Wilkes. To date it consists 
of three full-length feature films: xXx (2002), xXx: State of the Union (2005) 
and xXx: Return of Xander Cage (2017), and a short film: The Final Chapter: The 
Death of Xander Cage. The series has grossed $694 million worldwide. And of the 
$350 million worldwide take for the third installment in 2017, close to half of 
that was due to the Chinese market alone, with the US accounting for about 13%.

Xtreme is a partnership between two film investing and production entities: 
Weying Galaxy, led by Johnny Hsu (who is also the Chairman of Xtreme), holding 
a majority and controlling stake in the venture and of the film intellectual 
property.

Xtreme Pictures' legal counsel is YK Law LLP co-managing partner, Jesse Weiner, 
who can be reached for inquiries at jweiner@yklaw.us.

Source - Xtreme pictures
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