EXCLUSIVE: Paradigm has signed Pasaca Entertainment, the Los Angeles-based media financing and production company behind the TIFF 2022 family drama, Daughter of the prisoner.
Pasaca’s first feature film follows a dying convict (Brian Cox) as he tries to reconnect with his daughter (Kate Beckinsale) and grandson (Christopher Convery) he never knew, and his violent past returns to haunt them all. Also starring Jon Huertas, Ernie Hudson and Tyson Ritter, the film from director Catherine Hardwicke world premiere tonight at Roy Thomson Hall, as a gala presentation at the Toronto Film Festival. Pasaca co-financed the photo with 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 offering services such as development and production of one project or slate, with a view to corporate and library acquisitions, and ownership in content distribution platforms. The company’s fully funded original content will be announced shortly, along with further co-funded productions.
With over 30 years of experience in international business and corporate finance, Pasaca’s CEO Duan’s background has included roles as Vice President and General Manager of the Taiwan Office for the Wind Information Technology Corporation, a leading financial data company in China, and President for the Wuhan Bright Education Group, which focuses on building and managing international schools in China.
Chang now heads the film and television finance division in Pasaca and has experience at David Dobkin’s Big Kid Pictures, as well as Village Roadshow Pictures Asia, as Manager of Development, 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 technologies, biotechnology, food sciences, medical devices, manufacturing and entertainment. The parent company’s portfolio includes Innova Medical Group, ATL Group, Caton Technology Group, Sweegen, Meepo and ASOCS.