Berlin: South Korea's Next Entertainment World to Make Sales Debut

Kim Jae-hyun for The Hollywood Reporter
NEW president Jang Kyungik

The indie distributor will launch its new Contents Panda division at the European Film Market next month

South Korean investor-distributor Next Entertainment World (NEW) will kick off its new international and ancillary rights division, Contents Panda, at Berlin's European Film Market next month, making its sales debut.

Contents Panda will offer three new titles during the German event, which will be held Feb. 5-13 in conjunction with the Berlin Film Festival.

The films include Granny's Got Talent, a comedy about a foul-mouthed grandmother taking part in a TV audition for "cursing battles"; Twenty (working title), a coming-of-age drama starring Asian star Kim Woo-bin (The Con Artists) as one of three high school boys taking the next step after graduation; and The Beauty Inside (working title), a romantic fantasy based on the film of the same name developed by Intel and Toshiba about a young man who wakes up with a different face every day.

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"The [sales] division's goal is to provide the world with not only NEW movies, but also top-quality movies from other companies," said NEW on Monday.

Launched in 2008, NEW went public on Dec. 23 following an over-subscribed initial public offering and a major investment from China's Huace Film & TV. It is the first indie brand to become a major force in the Korean film industry, with two movies, Miracle in Cell No. 7 and The Attorney, becoming two of the country's highest-grossing films of all time.

The company's release Sea Fog (aka Haemoo) is Korea's foreign-language Oscar submission.

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