Source: Media Outreach
Headline: Spackman Entertainment Group’s Golden Slumber To Be Released On 14 February 2018
GOLDENSLUMBER, a manhunt thriller produced by Zip Cinema, shall be released inKorean theatres on 14 February 2018Headlined by top Korean stars, Gang Dong‐won andHan Hyo‐joo, GOLDEN SLUMBER is distributedby CJ EntertainmentGroup looks forward to ride on the high demandexpected for the golden box office slot of the Chinese New Year
SINGAPORE – Media OutReach – 9 January 2018 – SpackmanEntertainment Group Limited (“Spackman Entertainment Group” or the “Company”and together with its subsidiaries, the “Group”), one of Korea’s leadingentertainment production groups founded by Mr. Charles Spackman, wishes toannounce that its upcoming movie, GOLDENSLUMBER, produced by its indirect wholly‐owned subsidiary Zip Cinema Co.,Ltd. (“Zip Cinema”), will bereleased in Korean theatres on 14 February 2018.
Headlinedby top Korean stars, Gang Dong-won and Han Hyo-joo, GOLDEN SLUMBER is a manhunt thriller based on the Japanese novel byIsaka Kotaro. The film is directed by Noh Dong-soek and distributed by CJEntertainment.
GangDong‐won has previously collaborated with Zip Cinema in several movie projectsincluding MASTER (2016) and THE PRIESTS (2015) and Han Hyo-joo haspreviously starred in one of Zip Cinema’s hit films, COLD EYES (2013). Yoo Jae‐myeong, an artist managed by theCompany’s associated company, Spackman Media Group Limited (“SMGL”), will co-star in GOLDEN SLUMBER as well.
TheGroup believes that the timely theatrical release of the star-studded moviewill enable the Group to optimally capture the high demand expected during thegolden box office slot of the Chinese New Year week.
Theestimated total production budget (including prints and advertising costs) for GOLDEN SLUMBER is tentatively set atapproximately KRW 10 billion (or US$8.7 million).
FollowingGOLDEN SLUMBER, Zip Cinema’s upcomingKorean financial crisis film, SOVEREIGNDEFAULT, 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 andFrench star actor Vincent Cassel, SOVEREIGNDEFAULT will also be distributed by CJ Entertainment, and the estimatedtotal production budget (including prints and advertising costs) for the filmis tentatively set at approximately KRW9.7 billion (or US$8.6 million).
About Spackman Entertainment Group Limited
SpackmanEntertainment Group Limited (“SEGL”or the “Company”), and together withits subsidiaries, (the “Group”), aleading entertainment production group founded by Mr. Charles Spackman, isprimarily engaged in the independent development, production, presentation, andfinancing of theatrical motion pictures in Korea. In addition to our filmbusiness, we also make investments into entertainment companies and film fundsthat can financially and strategically complement our existing core operations.SEGL is listed on the Catalist of the Singapore Exchange Securities TradingLimited under the ticker 40E.
SEGL’sZip Cinema Co., Ltd. (“Zip Cinema”)is one of the most recognised film production labels in Korea and hasoriginated and produced some of Korea’s most commercially successful theatricalfilms, consecutively producing 8 profitable movies since 2009 representing anindustry leading track record. Recent theatrical releases of Zip Cinema’smotion pictures include some of Korea’s highest grossing and award-winningfilms such as MASTER (2016), THE PRIESTS (2015), COLD EYES (2013), and ALLABOUT MY WIFE (2012). For more information on Zip Cinema, do visit http://zipcine.com
SEGLalso owns Novus Mediacorp Co., Ltd. (“NovusMediacorp”), an investor, presenter, and/or ancillary distributor for atotal of 75 films (52 Korean and 23 foreign) including SECRETLY, GREATLY, which was one of the biggest box office hits of2013 starring Kim Soo-hyun of MY LOVEFROM THE STARS fame, as well as FRIEND2: THE GREAT LEGACY. In 2012, Novus Mediacorp was also the ancillarydistributor of ALL ABOUT MY WIFE, atop-grossing romantic comedy produced by Zip Cinema. For more information onNovus Mediacorp, do visit http://novusmediacorp.com
Ourfilms are theatrically distributed and released in Korea and overseas markets,as well as for subsequent post-theatrical worldwide release in other forms ofmedia, including cable TV, broadcast TV, IPTV, video-on-demand, and homevideo/DVD, etc. We release all of our motion pictures into wide-theatricalexhibition initially in Korea, and then in overseas and ancillary markets.
Wealso operate a café-lounge called Upper West, in the Gangnam district of Seouland own a professional photography studio, noon pictures Co., Ltd..
TheCompany is a 29.12% strategic shareholder of Spackman Media Group Limited (“SMGL”). SMGL, a company incorporated inHong Kong, together with its subsidiaries, is collectively the largestentertainment talent agency in Korea in terms of the number of artists undermanagement, including some of the top names in the Korean entertainmentindustry. SMGL operates its talent management business through renownedagencies such as MS Team Entertainment Co., Ltd., UAA & Co Inc., Fiftyone KInc., SBD Entertainment Inc., and Kook Entertainment Co., Ltd. Through thesefull-service talent agencies in Korea, SMGL represents and guides theprofessional careers of a leading roster of award-winning actors/actresses inthe practice areas of motion pictures, television, commercial endorsements, andbranded entertainment. SMGL leverages its unparalleled portfolio of artists asa platform to develop, produce, finance and own the highest quality ofentertainment content projects, including theatrical motion pictures, varietyshows, and TV dramas. This platform also creates and derives opportunities forSMGL to make strategic investments in development stage businesses that cancollaborate with SMGL artists. SMGL is an associated company of the Company.
On31 March 2017, the Group completed the acquisition of 100% equity interest inFrame Pictures Co., Ltd. (“FramePictures”). Frame Pictures is a leader in the movie/drama equipment leasingbusiness in Korea. Established in 2014, Frame Pictures has worked with over 25top directors and provided the camera and lighting equipment for some ofKorea’s most notable drama and movie projects including THE LEGEND OF THE BLUE SEA (2016) featuring Jeon Ji-hyeon and LeeMin-ho, as well as VETERAN (2015),the number one movie at the Korean box office in 2015 starring Yoo Ah-in.
On27 October 2017, the Group completed the acquisition of 100% equity interest inTake Pictures Pte. Ltd. (“Take Pictures”)which owns a strong lineup of 10 film projects including the co-production withthe Zip Cinema of THE PRIESTS 2.
For more details, do visit http://www.spackmanentertainmentgroup.com/
This press release has been prepared by the Company and its contentshave been reviewed by the Company’s sponsor, PrimePartners Corporate FinancePte. Ltd. (the “Sponsor”), forcompliance 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 pressrelease.
This press release has not been examined or approved by the SGX-ST. TheSponsor and the SGX-ST assume no responsibility for the contents of this pressrelease including the accuracy, completeness or correctness of any of theinformation, statements or opinions made or reports contained in this pressrelease.
The contact person for the Sponsor is Ms. Gillian Goh, Director, Headof Continuing Sponsorship (Mailing Address: 16 Collyer Quay, #10-00 Income atRaffles, Singapore 049318 and E-mail: email@example.com).
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