CFA Society Singapore
SINGAPORE (Feb 20): Spackman Entertainment Group says that its manhunt thriller film, Golden Slumber, produced by its indirect wholly-owned subsidiary Zip Cinema, was sold internationally across various regions in Asia, Australia, New Zealand and US.
The distribution rights of the movie were purchased by Taiwan (Movie Cloud), Hong Kong (Megaton), India (MVP) and Australia and New Zealand (JnJ Entertainment).
In Southeast Asia, the film was sold to Singapore, Malaysia and Brunei (Clover Films), Thailand and Cambodia (Coral Culture Contents) and the Philippines (Viva).
The movie’s estimated total production budget is tentatively set at about KRW 10.5 billion ($12.9 million).
Following Golden Slumber, Zip Cinema’s upcoming movie on the Korean financial crisis, Sovereign Default, is scheduled to open in Korean theatres in 2H18.
Shares in Spackman last traded at 11 cents on Monday.