From [Contact] to [Phantom, The Submarine], Mr. KIM Seung-bum, former CEO of Ilshin Investment, has become the first Executive producer in Korea creating a new flow of funds in the Korean film industry.
Tube Entertainment was founded by Mr.KIM Seung-bum in 1999, with the aim to be an Entertainment Enterprise focusing on cinema and began its work with the distribution of SHUNJI Iwai's [Love Letter] in 1999, and had a success with [Nightmare], the first film Tube Entertainment invested in and distributed in 2000.
Tube Entertainment is one of a few companies which are able to invest, produce and distribute by themselves in as yet narrow film market in Korea. Now, Tube Entertainment has plan to invest, produce, and distribute five to six Korean films along with importing and distributing nine to ten Hollywood and Japanese films a year.
Tube Entertainment has been also actively investing in other cultural areas, including the musuc industry, which can make synergy with films. For the future, Tube Entertainment aims to make the power brand guaranteeing quality throughout the culture by developing the contents of cinema.
A promotion of Korean films will be launched at the American Film Market (AFM) in early November. The AFM, the world's largest trade fair for films, will be held in Santa Monica in the U.S. on Nov. 2-9.
Public and private Korean agencies will proactively engage in the promotion of Korean films at the event by jointly opening a PR hall for Korean films. Such agencies include the Korean Film Council (KOFIC) and the Korea Trade-Investment Promotion Agency (KOTRA), as well as nine private film distribution agencies.
The AFM is the world's largest trade fair for independent films, where about 500 million dollars' worth of films and TV products are produced and distributed annually. It is held under the sponsorship of the ITFA, a global agency of independent film and TV program producers and distributors. About 7,000 independent film producers from around ...More
The Korean showbiz firm Web has signed a contract with the U.S. entertainment agency CAA, which manages actors Tom Cruise, Nicole Kidman and Cameron Diaz as well as movie director Steven Spielberg and producer Jerry Bruckheimer. The contract paves the way for Korean actors and movies to enter the global arena.
Web inked the contract with CAA on May 16 (local time). Earlier, the company established partnerships with the investment and distribution company Tube Entertainment and the entertainment agency Player Entertainment, which manages top Korean stars such as Lee Byung-hun, Sin Eun-kyeong, Kim Sang-kyeong, ...More
Plus the 55th International Berlin Film Festival, 7 Korean film producing companies enhance Korean film's phase by taking part in EFM (European Film Market) which will be held till Feb. 20.
EFM is a movie sale market whose phase is on a par with established three largest movie markets in the world such as Cannes, Milan, and AFM (American Film Market).
In particular, as AFM took place in Feb.-March previously, takes place in autumn from this year, EFM's significance is being heightened as a sole movie market, which is held in the first half of the year.
According to Korean Film Council (KOFIC), 7 film producing companies from Korea have prepared a ...More
Korean international sales companies saw strong business at the recent MIFED film market in Milan, Italy. A large number of Korean films were sold to other territories, with strong interest being shown in titles Old Boy, Untold Scandal, Legend of the Evil Lake and others.
PARK Chan-wook's critically acclaimed Old Boy, which received its premiere at the festival, received strong praise from buyers and reviewers, and managed to secure a record-breaking sale to Japan. The film was sold to Amuse Pictures and Toshiba in Japan as well as Metro Tartan for the UK. Sales company Cineclick Asia has also reported strong interest in the title from Hollywood majors looking to purchase remake rights.
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