Production company Nabi Pictures and the Seoul Action School are teaming up to launch a new "brand" of low-budget action pics shot on HD.
The films will be targeted at both domestic and international audiences, given worldwide interest in the Asian action genre, and will be budgeted at 1 billion won ($1.1 million) each. CJ Entertainment will participate as the investor and international sales agent for the films.
Director KIM Seong-soo, who directed the action films Beat (1997) and Musa (2001) will oversee the project together with Korea's best-known martial arts choreographer JEONG Doo-hong. They are expected to put five projects into development by the end of the year.
The new brand also aims to be a launchpad for young directorial talent. The two companies have entered into a relationship with the recently-wrapped Mise-en-Scene Genres Film Festival to find talented new directors. In addition, JEONG himself will make his directorial debut in one of the films.
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