PR86375

LOS ANGELES, Oct. 30, 2020 /PRNewswire=KYODO JBN/ --

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