There cannot be many – if any – movie franchises that make it to an eighth instalment with expectations still sky-high and Oscar-winning actors clamouring to join the party.
But then The Fast and The Furious is unlike any other film series. If sequels commonly obey the law of diminishing returns – creatively as the ideas dry up, and financially as audiences dwindle – F&F has radically bucked that trend, watching its fan base grow as its mythology flourishes.
When the eighth film, The Fate of the Furious, roars into cinemas tomorrow, who would bet against it eclipsing the monster US$1.5 billion (Dh5.5b) box-office haul of its predecessor, Furious 7, which was partly filmed in Abu Dhabi? All but one of the films in the franchise have outgrossed the previous instalments, after all.
What began in 2001 as a movie about illegal street racers in Los Angeles, made on a relatively modest budget of $38 million, has grown into a sprawling global crime saga starring some of the most powerful players in Hollywood.
It even survived the loss of actor Paul Walker who, with Vin Diesel, was part of the core partnership at the heart of the series. He died in 2013 in an off-set car crash during the making of Furious 7.
The franchise reinforces an old Hollywood maxim: when it comes to sequels, bigger is better. About 300 cars were built from scratch for the new film. There are also tanks, submarines and a giant wrecking ball – which might be a metaphor for the franchise and the way it smashes through any obstacle.
Yet this ludicrous excess has caught on with the acting community. Diesel takes centre stage as gang leader Dominic Toretto, and through the years, the supporting cast has grown to include Dwayne “The Rock” Johnson (Hollywood’s highest-paid star), Kurt Russell and Jason Statham.
The Fate of the Furious has pulled off an even bigger acting coup, recruiting two Academy Award-winners: Charlize Theron and Helen Mirren. Yes, the Queen herself is on board.
The roots of the franchise's success were obvious from the start, when the popularity of that first film, inspired by an article in Vibe magazine about New York street racers, caught studio Universal by surprise. After off-the-charts test scores, executives shifted it to a lucrative summer release – and reaped the rewards when it grossed $204 million worldwide.
“I never expected it to be a blockbuster,” said Rob Cohen, director of the first film. “I didn’t make it to be a blockbuster.”
Long before diversity became a high-profile Hollywood hot topic, Diesel and fellow stars Michelle Rodriguez and Jordana Brewster, among others, reflected the ethnic diversity on the streets in a way Hollywood had rarely managed – and still struggles with.
Still, few in 2001 would have predicted the movie had enough fuel to go the distance.
The sequel, 2003's 2 Fast 2 Furious, was directed by John Singleton and introduced recurring characters Roman (Tyrese Gibson) and Tej (Chris "Ludacris" Bridges). However, there was one glaring absence – Diesel declined to return. Despite this, it made enough money – $236 million – to convince the studio stick with it.
On the surface, the third outing – The Fast and the Furious: Tokyo Drift – seemed to signal the end of the road. A spin-off set in Japan, without Walker, it is the only film in the series to under-perform (making only $158 million) – despite a much-heralded (and rather cynical) cameo from Diesel.
Yet this cameo was a “pivotal moment”, the actor says, because “it allowed the studio to start from scratch”.
Diesel returned as a producer and figurehead, and with Tokyo Drift’s director Justin Lin mapped out episodes four, five and six, rewinding the clock so that they were set before the events of the third film.
Walker also returned, and the films mined themes of family and loyalty. It was like the world's most expensive soap opera, with an ever-growing fan base. As the franchise grew, so did its ambition. Fast Five went to Brazil. Fast & Furious 6 raced through London. By the time it came to Abu Dhabi, the franchise was established as truly global.
Where next? As one commentator noted after Furious 7, the only new place left to send the gang is outer space. The Fate of the Furious does not go that far, but does make pit stops in Cuba and Iceland.
Two more instalments are planned, with the second due in 2021 – the 20th anniversary of the first movie, marking the end of what has been an epic race.
• The Fate of the Furious is in cinemas from Thursday (April 13)
artslife@thenational.ae
Superpower%20
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Citadel: Honey Bunny first episode
Directors: Raj & DK
Stars: Varun Dhawan, Samantha Ruth Prabhu, Kashvi Majmundar, Kay Kay Menon
Rating: 4/5
Skoda Superb Specs
Engine: 2-litre TSI petrol
Power: 190hp
Torque: 320Nm
Price: From Dh147,000
Available: Now
Martin Sabbagh profile
Job: CEO JCDecaux Middle East
In the role: Since January 2015
Lives: In the UAE
Background: M&A, investment banking
Studied: Corporate finance
Dates for the diary
To mark Bodytree’s 10th anniversary, the coming season will be filled with celebratory activities:
- September 21 Anyone interested in becoming a certified yoga instructor can sign up for a 250-hour course in Yoga Teacher Training with Jacquelene Sadek. It begins on September 21 and will take place over the course of six weekends.
- October 18 to 21 International yoga instructor, Yogi Nora, will be visiting Bodytree and offering classes.
- October 26 to November 4 International pilates instructor Courtney Miller will be on hand at the studio, offering classes.
- November 9 Bodytree is hosting a party to celebrate turning 10, and everyone is invited. Expect a day full of free classes on the grounds of the studio.
- December 11 Yogeswari, an advanced certified Jivamukti teacher, will be visiting the studio.
- February 2, 2018 Bodytree will host its 4th annual yoga market.
COMPANY%20PROFILE
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The stats
Ship name: MSC Bellissima
Ship class: Meraviglia Class
Delivery date: February 27, 2019
Gross tonnage: 171,598 GT
Passenger capacity: 5,686
Crew members: 1,536
Number of cabins: 2,217
Length: 315.3 metres
Maximum speed: 22.7 knots (42kph)
THE BIO
Age: 33
Favourite quote: “If you’re going through hell, keep going” Winston Churchill
Favourite breed of dog: All of them. I can’t possibly pick a favourite.
Favourite place in the UAE: The Stray Dogs Centre in Umm Al Quwain. It sounds predictable, but it honestly is my favourite place to spend time. Surrounded by hundreds of dogs that love you - what could possibly be better than that?
Favourite colour: All the colours that dogs come in
GAC GS8 Specs
Engine: 2.0-litre 4cyl turbo
Power: 248hp at 5,200rpm
Torque: 400Nm at 1,750-4,000rpm
Transmission: 8-speed auto
Fuel consumption: 9.1L/100km
On sale: Now
Price: From Dh149,900
Director: Laxman Utekar
Cast: Vicky Kaushal, Akshaye Khanna, Diana Penty, Vineet Kumar Singh, Rashmika Mandanna
Rating: 1/5
The%20specs
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The%20specs
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The specs
Engine: Dual 180kW and 300kW front and rear motors
Power: 480kW
Torque: 850Nm
Transmission: Single-speed automatic
Price: From Dh359,900 ($98,000)
On sale: Now
More from Neighbourhood Watch:
Racecard
6pm: The Pointe - Conditions (TB) Dh82,500 (Turf) 1,400m
6.35pm: Palm West Beach - Maiden (TB) Dh82,500 (T) 1,800m
7.10pm: The View at the Palm - Handicap (TB) Dh85,000 (Dirt) 1,400m
7.45pm: Nakeel Graduate Stakes - Conditions (TB) Dh100,000 (T) 1,600m
8.20pm: Club Vista Mare - Handicap (TB) Dh95,000 (D) 1,900m
8.55pm: The Palm Fountain - Handicap (TB) Dh95,000 (D) 1,200m
9.30pm: The Palm Tower - Handicap (TB) Dh87,500 (T) 1,600m
The specs: 2018 Mercedes-Benz S 450
Price, base / as tested Dh525,000 / Dh559,000
Engine: 3.0L V6 biturbo
Transmission: Nine-speed automatic
Power: 369hp at 5,500rpm
Torque: 500Nm at 1,800rpm
Fuel economy, combined: 8.0L / 100km
THE CLOWN OF GAZA
Director: Abdulrahman Sabbah
Starring: Alaa Meqdad
Rating: 4/5
ANATOMY%20OF%20A%20FALL
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How it works
1) The liquid nanoclay is a mixture of water and clay that aims to convert desert land to fertile ground
2) Instead of water draining straight through the sand, it apparently helps the soil retain water
3) One application is said to last five years
4) The cost of treatment per hectare (2.4 acres) of desert varies from $7,000 to $10,000 per hectare
Racecard
6.35pm: The Madjani Stakes – Group 2 (PA) Dh97,500 (Dirt) 1,900m
7.10pm: Evidenza – Handicap (TB) Dh87,500 (D) 1,200m
7.45pm: The Longines Conquest – Maiden (TB) Dh82,500 (D) 2,000m
8.20: The Longines Elegant – Conditions (TB) Dh82,500 (D)
8.35pm: The Dubai Creek Mile – Listed (TB) Dh132,500 (D) 1,600m
9.30pm: Mirdif Stakes – Conditions (TB) Dh120,000 (D) 1,400m
10.05pm: The Longines Record – Handicap (TB) Dh87,500 (D) 1,900m
UAE currency: the story behind the money in your pockets
The alternatives
• Founded in 2014, Telr is a payment aggregator and gateway with an office in Silicon Oasis. It’s e-commerce entry plan costs Dh349 monthly (plus VAT). QR codes direct customers to an online payment page and merchants can generate payments through messaging apps.
• Business Bay’s Pallapay claims 40,000-plus active merchants who can invoice customers and receive payment by card. Fees range from 1.99 per cent plus Dh1 per transaction depending on payment method and location, such as online or via UAE mobile.
• Tap started in May 2013 in Kuwait, allowing Middle East businesses to bill, accept, receive and make payments online “easier, faster and smoother” via goSell and goCollect. It supports more than 10,000 merchants. Monthly fees range from US$65-100, plus card charges of 2.75-3.75 per cent and Dh1.2 per sale.
• 2checkout’s “all-in-one payment gateway and merchant account” accepts payments in 200-plus markets for 2.4-3.9 per cent, plus a Dh1.2-Dh1.8 currency conversion charge. The US provider processes online shop and mobile transactions and has 17,000-plus active digital commerce users.
• PayPal is probably the best-known online goods payment method - usually used for eBay purchases - but can be used to receive funds, providing everyone’s signed up. Costs from 2.9 per cent plus Dh1.2 per transaction.
UAE currency: the story behind the money in your pockets
Mercer, the investment consulting arm of US services company Marsh & McLennan, expects its wealth division to at least double its assets under management (AUM) in the Middle East as wealth in the region continues to grow despite economic headwinds, a company official said.
Mercer Wealth, which globally has $160 billion in AUM, plans to boost its AUM in the region to $2-$3bn in the next 2-3 years from the present $1bn, said Yasir AbuShaban, a Dubai-based principal with Mercer Wealth.
“Within the next two to three years, we are looking at reaching $2 to $3 billion as a conservative estimate and we do see an opportunity to do so,” said Mr AbuShaban.
Mercer does not directly make investments, but allocates clients’ money they have discretion to, to professional asset managers. They also provide advice to clients.
“We have buying power. We can negotiate on their (client’s) behalf with asset managers to provide them lower fees than they otherwise would have to get on their own,” he added.
Mercer Wealth’s clients include sovereign wealth funds, family offices, and insurance companies among others.
From its office in Dubai, Mercer also looks after Africa, India and Turkey, where they also see opportunity for growth.
Wealth creation in Middle East and Africa (MEA) grew 8.5 per cent to $8.1 trillion last year from $7.5tn in 2015, higher than last year’s global average of 6 per cent and the second-highest growth in a region after Asia-Pacific which grew 9.9 per cent, according to consultancy Boston Consulting Group (BCG). In the region, where wealth grew just 1.9 per cent in 2015 compared with 2014, a pickup in oil prices has helped in wealth generation.
BCG is forecasting MEA wealth will rise to $12tn by 2021, growing at an annual average of 8 per cent.
Drivers of wealth generation in the region will be split evenly between new wealth creation and growth of performance of existing assets, according to BCG.
Another general trend in the region is clients’ looking for a comprehensive approach to investing, according to Mr AbuShaban.
“Institutional investors or some of the families are seeing a slowdown in the available capital they have to invest and in that sense they are looking at optimizing the way they manage their portfolios and making sure they are not investing haphazardly and different parts of their investment are working together,” said Mr AbuShaban.
Some clients also have a higher appetite for risk, given the low interest-rate environment that does not provide enough yield for some institutional investors. These clients are keen to invest in illiquid assets, such as private equity and infrastructure.
“What we have seen is a desire for higher returns in what has been a low-return environment specifically in various fixed income or bonds,” he said.
“In this environment, we have seen a de facto increase in the risk that clients are taking in things like illiquid investments, private equity investments, infrastructure and private debt, those kind of investments were higher illiquidity results in incrementally higher returns.”
The Abu Dhabi Investment Authority, one of the largest sovereign wealth funds, said in its 2016 report that has gradually increased its exposure in direct private equity and private credit transactions, mainly in Asian markets and especially in China and India. The authority’s private equity department focused on structured equities owing to “their defensive characteristics.”
The President's Cake
Director: Hasan Hadi
Starring: Baneen Ahmad Nayyef, Waheed Thabet Khreibat, Sajad Mohamad Qasem
Rating: 4/5
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