×
You will be redirected back to your article in seconds

China Finance For Sequel to Korean Disaster Movie ‘D-War’

Korean showman, Shim Hyung-rae announced that a sequel to his “D-War” monster-disaster movie will be made as a co-production with China.

Shim announced the new project at a press conference in Beijing on Saturday, according to Korean news agency Yonhap. Called “D-War II: Mysteries of the Dragon,” the film will begin production in June and be set for release in mid-2017.

Production involves China’s H&R Global Pictures, with finance from state-controlled Chinese Culture Group. Shim said that Chinese Culture is contributing a budget of $77 million (RMB500 million.)

His previous “D-War” (aka “Dragon Wars”) was also a mega-budget effects-driven fantasy that involved time travelling and a gigantic snake-like dragon that curled its way around Los Angeles landmarks causing mayhem. The cast was headed by Robert Forster and Elizabeth Pena. Despite a budget that nearly crippled its backers, the film ended up as a hit, selling 8.4 million ticket in Korea and earning $11 million at the box office.

The new film will be set in 1969 and depict a fictional war between the U.S. and Russia as they race to land the first person on the moon.

“It will carry significant meaning in that South Korea and China get to forge collaboration in the video contents sector after their free trade agreement deal,” Shim reportedly said at the event.

More Film

  • C'est La Vie TIFF

    French Films' Overseas Box Office Revenue Drops 51% in 2018

    After bouncing back in 2017, the overseas box office revenue of French movies plummeted by 51% to 237 million euros ($270 million) with 40 million admissions sold, a 52% year-on drop, in 2018. The provisional box office figures were unveiled by UniFrance during a reception hosted at France’s culture minister during which Eric Toledano and [...]

  • Isabela Moner Shameik Moore Kiernan Shipka

    Netflix Casts Starry Ensemble for Adaptation of John Green's 'Let It Snow'

    “Dora the Explorer’s” Isabela Moner, “Spider-Man: Into the Spider-Verse’s” Shameik Moore, “Chilling Adventures of Sabrina’s” Kiernan Shipka, “Lady Bird’s” Odeya Rush, Jacob Batalon, Miles Robbins, Mitchell Hope, Liv Hewson, Anna Akana, and Joan Cusack are set to star in the Netflix pic “Let It Snow.” The film is based on the New York Times bestselling [...]

  • Brian Tyree Henry Playback Podcast If

    Listen: From 'Beale Street' to 'Spider-Verse,' Brian Tyree Henry Was Your 2018 MVP

    Welcome to “Playback,” a Variety / iHeartRadio podcast bringing you exclusive conversations with the talents behind many of today’s hottest films. Emmy- and Tony-nominated actor Brian Tyree Henry is coming off a sensational year. A second, acclaimed season of FX’s “Atlanta” sent him headlong into a fall movie season that saw featured roles in Yann [...]

  • (L to R) SAMUEL L. JACKSON,

    How a Costume Designer Brightened M. Night Shyamalan's 'Glass'

    Paco Delgado’s costumes are as varied as his films. Contrast the drama “The Danish Girl,” the futuristic fantasy “A Wrinkle in Time” and the period musical “Les Misérables.” Now he’s in comic-book territory with M. Night Shyamalan’s newest superhero/supervillain thriller, “Glass,” which Universal releases Jan. 17. The costume designer’s career began in Barcelona and London, [...]

  • The Lego Movie 2

    'Lego Movie 2' Heading for $55 Million Opening Weekend

    Warner Bros.’ “The Lego Movie 2: The Second Part” is heading for an opening weekend of as much as $55 million at the North American box office on Feb. 8-10, early tracking showed Thursday. Chris Pratt is returning to voice Master Builder Emmet Brickowski along with new character Rex Dangervest. The unfailingly optimistic Emmet has [...]

  • Kevin Hart Monopoly

    Kevin Hart in Talks to Star in Monopoly Movie

    Kevin Hart is in talks to star in Lionsgate and Hasbro’s Monopoly live-action movie, which he will also produce through his HartBeat Productions label. Tim Story is in final negotiations to direct the film and also produce through his Story Company banner. HartBeat’s John Cheng will also produce and oversee the pic with Carli Haney. Story Company [...]

  • Playtime Unveils Three New French Comedies

    Playtime Dives Into Different Waves of French Comedy (EXCLUSIVE)

    Playtime, the Paris-based co-production and sales company which will be presenting Francois Ozon’s anticipated “By the Grace of God” in competition at the Berlin Film Festival, has acquired three offbeat French comedies: Geraldine Nakache’s “I’ll Go Where You Go,” “The Bare Necessity” with Fanny Ardant, and Valerie Donzelli’s “Our Lady of Paris.” “Our Lady of [...]

More From Our Brands

Access exclusive content