CFA Society Singapore
SINGAPORE (Nov 20): Spackman Entertainment will be investing KRW500 million ($611,000) into upcoming Korean film, Now I Will Meet You, starring top actors Son Ye-Jin and So Ji Sub, who are both managed by the group’s associated company, Spackman Media Group (SMG).
Son Ye-Jin and So Ji Sub are represented by MS Team Entertainment and Fiftyone K (51k), respectively. MS Team and 51k are wholly-owned subsidiaries of SMG.
The movie that is based on a Japanese novel that sold over a million copies in 2014 will be co-presented by both MS Team and 51k, directed by Lee Chang-hoon and distributed by Lotte Entertainment.
The total budget of the movie is between KRW7.8 billion and KRW5.5 billion for production and KRW2.3 billion for prints and advertising costs.
Filming for the movie has been completed and is currently in post-production phase. It is scheduled to be released in 2018.
Charles Spackman, executive director and CEO of Spackman Entertainment says, “We believe that Spackman Media Group’s portfolio of artists, which is one the largest in Korea, serves as an invaluable platform for the Group to access investment opportunities in the highest quality film projects. The Group will continue to pursue unique collaboration opportunities with SMGL’s artists.”
Shares in Spackman last traded at 11 cents on Friday.