- GOLDEN
SLUMBER, a manhunt thriller produced by Zip Cinema, sold to Taiwan, Hong
Kong, India, Australia, New Zealand, Singapore, Malaysia, Brunei, Thailand,
Cambodia, the Philippines and the U.S.
- The film stars Gang Dong-won of MASTER (2016) and THE PRIESTS (2015), Han Hyo-joo of COLD EYES (2013) and Kim Eui-sung of TRAIN TO BUSAN (2016)
SINGAPORE - - 20 February 2018 - Spackman Entertainment Group Limited
("Spackman Entertainment Group" or the "Company" and together
with its subsidiaries, the "Group"), one of Korea's leading
entertainment production groups created
by founder Mr. Charles Spackman, wishes to announce that its manhunt
thriller film, GOLDEN SLUMBER, produced
by its indirect wholly‐owned subsidiary Zip Cinema Co., Ltd. ("Zip Cinema"), has been sold
internationally across various regions in Asia, Australia, New Zealand and the
U.S.
The
distribution rights of GOLDEN SLUMBER are
purchased by Taiwan (Movie Cloud), Hong Kong (Megaton), India (MVP) and
Australia and New Zealand (JnJ Entertainment). In Southeast Asia, the film is
sold to Singapore, Malaysia and Brunei (Clover Films), Thailand and Cambodia
(Coral Culture Contents) and the Philippines (Viva).
Starring leading
Korean actors, Gang Dong-won and Han Hyo-joo, GOLDEN SLUMBER is slated to release in Singapore theatres on 8
March 2018. The film, which premiered in LA on 16 February 2018, will also be
screened in several U.S. cities such as Denver, New York, San Diego, Dallas,
New Jersey, Atlanta, Toronto, Vancouver, Honolulu, D.C. and Seattle on 23
February 2018.
Based on the Japanese novel by Isaka Kotaro, the film
is directed by Noh Dong-soek and distributed by CJ Entertainment.
Gang
Dong‐won has previously collaborated with Zip Cinema in several movie projects
including MASTER (2016) and THE PRIESTS (2015) and Han Hyo-joo has
previously starred in one of Zip Cinema's hit films, COLD EYES (2013). Kim Eui-sung of TRAIN TO BUSAN (2016) and Yoo Jae‐myeong, an artist managed by the
Company's associated company, Spackman Media Group Limited ("SMGL"), co-stars in GOLDEN SLUMBER as well.
The
estimated total production budget (including prints and advertising costs) for GOLDEN SLUMBER is tentatively set at
approximately KRW10.5 billion (or US$9.7 million).
Following
GOLDEN SLUMBER, Zip Cinema's upcoming
Korean financial crisis film, SOVEREIGN
DEFAULT, is slated to open in Korean theatres in the second half of 2018.
Starring top Korean actor Yoo Ah-in, veteran Korean actress Kim Hye-soo and
French star actor Vincent Cassel, SOVEREIGN
DEFAULT will also be distributed by CJ Entertainment, and the estimated
total production budget (including prints and advertising costs) for the film
is tentatively set at approximately KRW9.7 billion (or US$8.6 million).
About Spackman Entertainment Group Limited Spackman
Entertainment Group Limited ("SEGL"
or the "Company"), and together with
its subsidiaries, (the "Group"), a
leading entertainment production group created by founder Mr. Charles Spackman,
is primarily engaged in the independent development, production, presentation,
and financing of theatrical motion pictures in Korea. In addition to our film
business, we also make investments into entertainment companies and film funds
that can financially and strategically complement our existing core operations.
SEGL is listed on the Catalist of the Singapore Exchange Securities Trading
Limited under the ticker 40E.
SEGL's
Zip Cinema Co., Ltd. ("Zip Cinema")
is one of the most recognised film production labels in Korea and has
originated and produced some of Korea's most commercially successful theatrical
films, consecutively producing 8 profitable movies since 2009 representing an
industry leading track record. Recent theatrical releases of Zip Cinema's
motion pictures include some of Korea's highest grossing and award-winning
films such as MASTER (2016), THE PRIESTS (2015), COLD EYES (2013), and ALL
ABOUT MY WIFE (2012). For more information on Zip Cinema, do visit
SEGL
also owns Novus Mediacorp Co., Ltd. ("Novus
Mediacorp"), an investor, presenter, and/or ancillary distributor for a
total of 75 films (52 Korean and 23 foreign) including SECRETLY, GREATLY, which was one of the biggest box office hits of
2013 starring Kim Soo-hyun of MY LOVE
FROM THE STARS fame, as well as FRIEND
2: THE GREAT LEGACY. In 2012, Novus Mediacorp was also the ancillary
distributor of ALL ABOUT MY WIFE, a
top-grossing romantic comedy produced by Zip Cinema. For more information on
Novus Mediacorp, do visit
Our
films are theatrically distributed and released in Korea and overseas markets,
as well as for subsequent post-theatrical worldwide release in other forms of
media, including cable TV, broadcast TV, IPTV, video-on-demand, and home
video/DVD, etc. We release all of our motion pictures into wide-theatrical
exhibition initially in Korea, and then in overseas and ancillary markets.
We
also operate a café-lounge called Upper West, in the Gangnam district of Seoul
and own a professional photography studio, noon pictures Co., Ltd..
The
Company holds an effective shareholding interest of 33.76% in Spackman Media
Group Limited ("SMGL"). SMGL, a
company incorporated in Hong Kong, together with its subsidiaries, is
collectively the largest entertainment talent agency in Korea in terms of the
number of artists under management, including some of the top names in the
Korean entertainment industry. SMGL operates its talent management business
through renowned agencies such as MS Team Entertainment Co., Ltd., UAA & Co
Inc., Fiftyone K Inc., SBD Entertainment Inc., and Kook Entertainment Co., Ltd.
Through these full-service talent agencies in Korea, SMGL represents and guides
the professional careers of a leading roster of award-winning actors/actresses
in the practice areas of motion pictures, television, commercial endorsements,
and branded entertainment. SMGL leverages its unparalleled portfolio of artists
as a platform to develop, produce, finance and own the highest quality of
entertainment content projects, including theatrical motion pictures, variety
shows, and TV dramas. This platform also creates and derives opportunities for
SMGL to make strategic investments in development stage businesses that can
collaborate with SMGL artists. SMGL is an associated company of the Company.
On
31 March 2017, the Group completed the acquisition of 100% equity interest in
Frame Pictures Co., Ltd. ("Frame
Pictures"). Frame Pictures is a leader in the movie/drama equipment leasing
business in Korea. Established in 2014, Frame Pictures has worked with over 25
top directors and provided the camera and lighting equipment for some of
Korea's most notable drama and movie projects including THE LEGEND OF THE BLUE SEA (2016) featuring Jeon Ji-hyeon and Lee
Min-ho, as well as VETERAN (2015),
the number one movie at the Korean box office in 2015 starring Yoo Ah-in.
On
27 October 2017, the Group completed the acquisition of 100% equity interest in
Take Pictures Pte. Ltd. ("Take Pictures")
which owns a strong lineup of 10 film projects including the co-production with
the Zip Cinema of THE PRIESTS 2.
On
26 January 2018, the Company completed the acquisition of 100% equity interest
in Constellation Agency Pte. Ltd. ("Constellation
Agency"). Constellation Agency, which owns The P Factory Co., Ltd. ("The P Factory") and Platform Media
Group Co., Ltd. ("PMG"), is
primarily involved in the business of overseas agency for Korean artists
venturing into the overseas market. The P Factory is an innovative marketing
solutions provider specializing in event and branded content production. PMG is
a talent management agency which represents and manages the careers of major
artists in film, television, commercial endorsements, and branded
entertainment.
For more details, do visit
This press release has been prepared by the Company and its contents
have been reviewed by the Company's sponsor, PrimePartners Corporate Finance
Pte. Ltd. (the "Sponsor"), for
compliance with the Singapore Exchange Securities Trading Limited (the "SGX-ST") Listing Manual Section B:
Rules of Catalist. The Sponsor has not verified the contents of this press
release.
This press release has not been examined or approved by the SGX-ST. The
Sponsor and the SGX-ST assume no responsibility for the contents of this press
release including the accuracy, completeness or correctness of any of the
information, statements or opinions made or reports contained in this press
release.
The contact person for the Sponsor is Ms. Gillian Goh, Director, Head
of Continuing Sponsorship (Mailing Address: 16 Collyer Quay, #10-00 Income at
Raffles, Singapore 049318 and E-mail: ).