Innotz Entertainment, the latest major entrant into South Korea’s distribution market, has secured local distrib rights to eight domestic features, including the 100th film by veteran Im Kwon-taek (“Chunhyang”).
Together with imported titles, the company envisions a 20-film lineup for the next 18 months.
A partnership with Centurion Technology Investment Corp. will net two titles currently in production: meller “Urideul-ui haengbokhan sigan,” by Song Hye-sung (“Rikidozan”), and “Joyonghan sesang,” by Jo Ui-seok (“Make It Big”).
Im’s film “Cheon-nyeon-hak,” which begins lensing March 11, was rescued by new shingle Kino II after being dropped by Lotte Entertainment when it failed to cast a major star. Pic, likely to debut at a major festival next year, brings back the characters from Im’s acclaimed “Sopyonje.”
Other titles in pre-production include works by popular helmer Kwak Jae-yong (“My Sassy Girl”) and “Redskin,” by John H. Lee (“A Moment to Remember”). Latter stars Lee Byung-heon.
Announcement comes as various subsidiaries in parent company Prime Group plan to sell off $10 million in stock to finance Innotz’s expansion into exhibition, distribution, production and talent management.