Library Pictures to Co-Finance CJ Entertainment’s Local Language Film Slate

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Library Pictures International, a Los Angeles-based local-language content financier has struck a deal with CJ Entertainment, the South Korean studio behind Oscar-winner “Parasite,” to co-finance i…

backed by Legendary Pictures

CJ-CGV, a sister company within the CJ Group, has acquired or developed multiplex cinemas in multiple developing markets, including Indonesia, Vietnam and Turkey. It has followed those initial moves by developing film distribution and production activities in each of them. Library is currently co-financing and producing with Legendary Global two seasons of Vikram Motwane’s currentlyseries to be sold in India. The company also serves as an executive producer on the Hindi-language film “Harami,” which was directed by Shyam Madiraju and will screen in competition at this week’s 2020 Busan International Film Festival.

 

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