Top star invests in domestic films
Keyeast, a media contents investor co-established by actor Bae Yong-joon , recently signed a contract with CJ Entertainment to invest 700 million won ($730,000) in four movies produced by one of the most established movie producer/distributors in Korea.
The movies are director Park Chan-wook 's "I'm a Cyborg, But That's OK ", Ryoo Seung-wan 's "The City of Violence ", Lee Moo-yeong 's "Like Father, Like Son" and Choi Ik-hwan 's "Life is Cool ".
The media contents company will be given a primary chance to invest in four additional movies currently under preparation by CJ Entertainment.
Keyeast, which was set up in March, has also invested in a local television drama "Smile Again " and participated in funding "Taewangsasingi" ("The Legend") featuring Bae as well as co-hosting the 2006 Jeju Hallyu Expo.
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