Cheongeorahm inks with Happinet
SEOUL -- Cheongeorahm Film has signed a $1.7 million investment deal with Happinet Pictures in Japan to produce six features. It is the first time a Korean film company has signed such a multipicture deal with a foreign investor. The six films include the newest works by Bong Joon-ho (Memories of Murder), Hong Sang-soo (Woman Is the Future of Man), and Kim Kyeong-hyeong (My Tutor Friend). Korea's film exports have been soaring in recent years, going from less than $1 million in 1998 to over $34 million in 2003. The Korea Trade Assn. estimates that exports are on track to double once again in 2004. Cheongeorahm also recently added Kim Ki-duk's latest film, Iron 3, to its distribution lineup, giving the young film company one of the deepest rosters of directing talent in Korea.
- 7/22/2004
- The Hollywood Reporter - Movie News
IMDb.com, Inc. takes no responsibility for the content or accuracy of the above news articles, Tweets, or blog posts. This content is published for the entertainment of our users only. The news articles, Tweets, and blog posts do not represent IMDb's opinions nor can we guarantee that the reporting therein is completely factual. Please visit the source responsible for the item in question to report any concerns you may have regarding content or accuracy.