Library Pictures to Co-Finance Slate of Korean-Language Films

  • 📰 THR
  • ⏱ Reading Time:
  • 30 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 53%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

The three-year multi-picture pact with Seoul-based studio Next Entertainment World adds to the Los Angeles-based company's expanding set of local-language filmmaking agreements across Asia.

The South Korean deal follows a series of financing pacts Library has unveiled in recent months. The company recently announced co-financing deals in Indonesia, Vietnam, and Turkey.

Added Library CEO David Taghioff:"Korean-language content is in the global spotlight thanks to its vibrant local market and superpower to travel beyond borders. NEW's great taste, entrepreneurial thinking, and terrific relationships, both inside and out of Korea, make them not just a great partner, but one that truly meets the moment. We are incredibly excited to add them to our growing global consortium.

CAA Media Finance, Evolution Media Capital, and O’Melveny & Myers advised on the deal. The deal was negotiated with Danny Lee and Whitney Kim for NEW.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 411. in ZA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Every time when i see this photo of the movie i think him is in a plane, but finally i watch and i discover the truth.

South Africa South Africa Latest News, South Africa South Africa Headlines