EXCLUSIVE: Latest instalment of biopic action franchise sells to Well Go USA.

Well Go USA has snapped up North America and a slew of other territories on Pegasus Motion Pictures’ Ip Man 3, an ambitious 3D installment in the biopic action franchise starring Donnie Yen.

Well Go has also bought France, Germany, UK, Benelux, Nordic territories and Latin America on the $36m film which reunites Yen with producer Raymond Wong, director Wilson Yip and writer Edmond Wong.

Production is scheduled to start in early 2015.

“This film focuses on the master-student relationship between Ip Man and Bruce Lee,” said Edmond Wong. “It also portrays Ip Man at a stage when he is searching for the real meaning in life.”

Well Go has also acquired North American rights to Pegasus Motion Pictures’ Z-Storm, a crime thriller about an anti-corruption investigation, starring Louis Koo and Gordon Lam.

Meanwhile, Korea’s Daou Tech has also acquired both Ip Man 3 and Z-Storm. The two titles have also both gone to Taiwan’s Sky Films.

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