Distrib Innotz snaps up 8 features

Company envisions a 20-film lineup for next 18 months

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.