Deadpool lead artist and Red Dragon founder teams up with Malaysia’s Mlabs
By Digital News Asia August 25, 2017
- Red Dragon will head local creative teams, pipelines and talent with international presence
- Ideas and talent-exchange between international professionals and homegrown artists
MULTIMEDIA Research Lab Sdn Bhd (MRL, a wholly-owned subsidiary of Mlabs Systems Bhd), today entered into an Investment and Shareholders’ Agreement with Red Dragon Media Limited (Red Dragon), a Beijing, China-based content creation company.
The agreement sees Mlabs being the major shareholder of the joint venture company with MRL being the 50% owner and Red Dragon 40% of the company.
Following the agreement, Mlabs and Red Dragon will enter into a joint venture for the creation of proprietary concept projects.
Red Dragon will head local creative teams, pipelines and talent with international presence as well as look into the building up of local cultural projects to drive tourism growth and international interest in local projects.
Part of this collaboration is the establishing of specialised vocational academy for graduates in art and graphic design.
“Not only will our teams get a chance to experience working in China and Malaysia, they will also be working alongside me, as well as a solid team of internationally-acclaimed creative professionals,” says Walter McDaniel.
McDaniel is CEO and chief creative director of Red Dragon, and will be leading the initiative. Born and raised in West Harlem of New York City, McDaniel was the lead artist of Marvel’s Deathlock and Deadpool. McDaniel was also the artist and a member of creative team that worked on the Captain America, X-Men, Spiderman, Wolverine, Ghost Rider, Punisher, Gambit and Kazar comics.
McDaniel is now headlining his dream to create his own IP, determined to bring original, Chinese products on to the international platform.
This dream team will allow for ideas and talent-exchange between highly-experienced international professionals and homegrown artists, which McDaniel is keen on sourcing.
“The new JV company will initially focus on the creation, design and animation works for pre- and post-production works of existing movie projects of Red Dragon.
“The company intends to expand to provide animation production services to the growing, global movies and entertainment industry which is expected to expected to reach US$771 billion by 2019, up from US$632 billion in 2015, according to the 2014 - 2019 Entertainment & Media Outlook by PriceWaterhouseCoopers (PwC).” Mlabs said.
Mlabs has also set up an up to 20,000 square feet office space with the necessary technology and equipment to realise this opportunity.
MDEC gets Kre8tif! again
Partnership between Animamundi Studio and China Film Animation Industry to open opportunities in China
Streamline Studios: The Do’s and Don’ts of virtual reality development