Planet 51, the latest animation adventure to hit big screens has delighted local investors with box office takings in excess of US$70 million.
A handful of jersey residents joined other investors from as far off as Monaco to assist in financing the CGI animation film through the Horizon Media Fund, which was established in 2007. This is the second film to have received finance from the fund, both of which have been produced or co-produced by HandMade Films International, a wholly owned subsidiary of HandMade Plc. The success of Planet 51 comes as no surprise as HandMade Plc, a British film production and distribution company has produced timeless classics such as Mona Lisa and Monty Python’s Life of Brian.
David Ravden, Joint CEO of HandMade, commented: "The CGI animation film Planet 51 continues to build momentum and to date has opened in 30 of the intended 60 territories grossing over US$70 million at the box office. We look forward to the next few weeks as Planet 51 opens in the remaining 30 territories as well as the DVD release next year. Our film division has released three films this year and there are a further seven films in the pipeline for the coming years."
The Horizon Media Fund was set up to invest into niche lower risk areas of film financing, with an aim of achieving great returns over the long term. The fund has financed a number of exciting films that will launch over the next few years.
Andy Treharne of Horizon says:
“We are delighted with the global success of ‘Planet 51’ so far. The film is due to be released in more territories and we are sure it will continue to succeed worldwide. All investors of the media fund enjoyed a private premiere of the animated feature in Jersey prior to the UK general release date, and we would definitely recommend this family film to any islander who hasn’t already seen it!”
Planet 51’s star cast include Dwayne Johnson, Jessica Biel, Gary Oldman and John Cleese. The film stars an American astronaut Captain Charles "Chuck" Baker, who lands on Planet 51 thinking he's the first person to step foot on it. To his surprise, he finds that the planet is inhabited by little green people who are happily living in a white picket fence world reminiscent of a cheerfully innocent 1950s America, and whose only fear is that it will be overrun by alien invaders – like Chuck!
With the help of his robot companion "Rover" and his new friend Lem, Chuck must navigate his way through the dazzling, but bewildering, landscape of Planet 51 in order to escape becoming a permanent part of the Planet 51 Alien Invaders Space Museum. Planet 51 was released in the UK on the 4th December, following the US release on Thanksgiving.