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Remake Copyright of "Doll Master" Sold to U.S.

2004/11/11 | 472 views | Permalink | Source

The remake copyright of the horror movie "The Doll Master" has been sold to the U.S. company Miramax. Cineclick Asia, which is in charge of the movie's overseas marketing, signed a $1.3 million contract with Miramax at the American Film Market, which was held in the U.S. recently, for selling the distribution rights and remake copyrights of "Doll Master" in the United States. Dimention, Miramax's production division, will take over the movie's remake production. This contract was concluded as a purchase contract - not as an option contract -- whereby the total amount of copyright fees was paid right upon signing the contract. So far, "A Tale of Two Sisters" was the only Korean movie whose remake copyright was sold through a purchase contract. The amount of sales from the copyright of "Two Sisters" has reached $1.1 million in Japan with the total contract amount surpassing $1.5 million. With the conclusion of the purchase contract for "Doll Master", the total amount of overseas sales of Korean movies will reach $2.8 million. Given that the net production cost of these two movies is 2.5 billion won, profits

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