Spackman Entertainment

Global Economy

March CPI eases on lower power prices; Best World not having the best of times

SINGAPORE (Apr 29): The Department of Statistics on April 23 released the Consumer Price Index (CPI) for March. Core inflation, which excludes housing and private transport costs, has eased to 1.4% from 1.5% in February. The slightly lower inflation is at


Spackman sinks deeper into the red in 2Q with $2.1 mil loss

SINGAPORE (Aug 15): Spackman Entertainment Group reported a loss of US$1.5 million ($2.1 million) for the 2Q ended June, widening from its 2Q17 loss of US$0.2 million on lower revenue and higher general & administrative expenses.

Spackman secures camera contract worth $0.68 mil for 2 major Korean dramas

SINGAPORE (Apr 4): Spackman Entertainment announced that its wholly-owned subsidiary, Frame Pictures, has secured contracts to supply camera systems and equipment for two major Korean dramas, Live and My Mister.


Spackman swings back to the black in FY17

SINGAPORE (Feb 28): Spackman Entertainment has swung back to profitability in FY17, posting earnings of US$2.98 million ($3.93 million), compared to a loss of US$2.43 million in FY16.

Spackman says movie Golden Slumber successfully sold across Asia and US

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.

Spackman appoints director Richard Lee as interim CEO

SINGAPORE (Jan 18): Spackman Entertainment today announced that Richard Lee, current director of Spackman Equities Group, will be appointed as the interim CEO and executive director of the group.


Spackman Entertainment invests $611,000 in upcoming Korean film

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 G


Spackman Entertainment sinks into the red

SINGAPORE (Nov 14): Spackman Entertainment announced that it made a loss of US$770,000 ($1.05 million) in 3Q17, compared to earnings of US$1.47 million in 3Q16.

Spackman's Outlaws is surprise hit at Korean box office

SINGAPORE (Oct 10): The Outlaws, a South Korean crime action film co-presented by Spackman Entertainment Group’s 51%-owned subsidiary, Novus Mediacorp, has taken the top spot at the Korean box office for two straight days beginning from Sunday.

Broker's Calls

Spackman kicks off acquisition spree

SINGAPORE (Aug 16): RHB is maintaining its “buy” call on Spackman Entertainment with a target price of 23 cents following the group’s acquisition of Take Pictures, a startup film production company founded by veteran movie producer, Song Dae-Chan.