In what can be seen as a breakthrough for independent Korean cinema, local sales outfit Fine Cut sold all North American rights to Noh Young-seok
's "Daytime Drinking
" during the Asian Film Market (Oct. 3 – 6) at the Pusan International Film Festival.
Japan's Eleven Arts signed the title and plans to release it in up to 30 cities across the US and Canada. Noh's film recently screened in Toronto, Locarno where it won special mention and the NETPAC award, and Jeonju where it won the JJ Star Korean Cinema Award.
The low-budget film, made for US$ 10,000, has already recouped its initial investment in festival prize money. The film has yet to receive a domestic release.
Also during PIFF's Market, Korea's Mirovision sold remake rights to Kim Tae-sik
's 2007 feature "Driving With My Wife's Lover
" to US production company Circle of Confusion. Mirovision was highly active during the fest, generating interest in its horror title "Death Bell
" as well as announcing a project it plans to produce, titled "Tomorrow News".
Based on a comic book series from the 1980s, the $7 million project tells the tale of a radio station that broadcasts tomorrow's news the day before, causing havoc and upheaval. Son Tae-woong
) will direct.
Nigel D'Sa (KOFIC)