×

Korea’s CJ to Finance, Distribute 25 Turkish Films by 2019

CJ E&M, South Korea’s leading entertainment studio, is to move into the the local film production scene in Turkey in a big way. The company is to invest in and distribute 25 film titles from production houses BKM and TAFF.

The pair are Turkey’s two leading production companies, and produced six of 2017’s top ten local films. “It makes us an all-round studio that finances, produces and distributes films in Turkey,” said CJ in a statement.

The first film to be released by CJ is BKM-produced road comedy, “Yol Arkadasim 2.” Set for an October release, the film is a sequel to 2017 hit “Yol Arkadasim” which managed to sell 2.05 million tickets. A TAFF production, “Dance With the Jackals 5″ (aka “Cakallarla Dans 5” will be released in theaters in December. “Magic Carpet RIde 2” (aka “Organize Isler 2”) by director-actor Yilmaz Erdogan, is set for a January release next year. The original film was the second largest local film of 2005.

“Our strategy is to aim at success both in and out of Turkey by distributing strong films produced by the two very qualified companies,” said Jerry Kyoungboum Ko (aja Go Kyung-bum), director of international business at CJ E&M. “We will not only make profits but also understand the market better and build stronger human networks, as we finance and distribute more films [in Turkey]. We are planning to expand our business in Turkey by remaking hit Turkish IP in other countries — as we have done with “Miss Granny” — by turning Korean hits into Turkish versions.” Turkish versions of “The Spy: Undercover Operation,” “Confidential Assignment” and “Miss Granny” are currently under discussion.

Popular on Variety

Following the acquisition of Turkey’s largest cinema chain, Mars Entertainment, by CJ E&M’s sister company CJ-CGV in 2016, CJ launched Turkish investment-production-distribution unit CJ Entertainment Turkey last year. It has distributed nine films to date.

More Film

  • Jojo Rabbit History of Hitlor in

    'Jojo Rabbit' Carries on Tradition of Sounding an Alarm With Laughs

    At the Jan. 3 AFI Awards, Mel Brooks interrupted his speech about the American Film Institute’s women directors program to praise Taika Waititi for Searchlight’s “Jojo Rabbit.” However, he joked, the filmmaker “did not ask my permission to use Hitler!” It got a big laugh (as Brooks usually does) for the reference to his 1968 [...]

  • Evan Rachel Wood, Richard Jenkins and

    A24 Closing In on Miranda July's Sundance Player 'Kajillionaire' (EXCLUSIVE)

    Indie powerhouse A24 is closing in on worldwide distribution rights to Miranda July’s long-awaited third feature film “Kajillionaire,” insiders close to the deal told Variety, fighting off numerous other interested parties in a competitive situation. The Oscar-winning distributor is outrunning bidders including Bleecker Street, Focus Features, and Neon, source said. The deal that’s expected to [...]

  • Kevin Hart, Jason Statham Heading for

    Jason Statham and Kevin Hart Heading for 'The Man From Toronto' Comedy

    Jason Statham and Kevin Hart are in talks to star in action comedy “The Man From Toronto,” which Sony Pictures will release on Nov. 20. Patrick Hughes, who directed “The Hitman’s Bodyguard,” and “The Expendables 3,” will direct”The Man From Toronto” from a script by Robbie Fox, from a story by Fox and Jason Blumenthal. [...]

  • High Fidelity

    What’s Coming to Hulu in February 2020

    Next month, Hulu will ring in Valentine’s Day with some counterprogramming. The streaming service will debut its original series “High Fidelity,” a gender-swapped reimagining of Nick Hornby’s novel of the same name. Previously, the book was adapted into a 2000 movie from Stephen Frears starring John Cusack. Zoë Kravitz stars as Rob Brooks, a music-obsessive [...]

  • Wes Anderson

    Wes Anderson's 'French Dispatch' Sets Summer Release

    Wes Anderson’s star-studded comedic drama “The French Dispatch” will debut in theaters on July 24, Searchlight Pictures announced Wednesday. “The French Dispatch” is set in Paris during the 1950s and follows a group of journalists at an American newspaper bureau. The ensemble cast includes Benicio del Toro, Adrien Brody, Tilda Swinton, Lea Seydoux, Frances McDormand, [...]

  • Hillary Clinton Hulu Documentary

    Hillary Clinton Documentary Sells to Sky for U.K. Audiences (EXCLUSIVE)

    “Hillary,” a four-hour docuseries about the life and career of Hillary Clinton, has sold to Sky for U.K. distribution rights, Variety has learned. Clinton sat down for 35 hours of interviews with director Nanette Burstein (“On the Ropes”). The project premiered at this year’s Sundance Film Festival to strong reviews, for offering an honest portrait [...]

  • Rhythm Section Movie

    Will Blake Lively's 'Rhythm Section' Fumble at the Box Office on Super Bowl Weekend?

    Ticket sales could grind to a halt over Super Bowl weekend, a notoriously quiet time of year at the box office. Two new movies are opening — Paramount’s spy thriller “The Rhythm Section” and Orion Pictures’ fantasy adventure “Gretel & Hansel” — though each is expected to make less than $10 million. Since the Super [...]

More From Our Brands

Access exclusive content