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Top star invests in domestic films

2006/05/25 | 459 views |  | Permalink | Source

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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