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In time for the Tuesday opening of TIFFCOM, Tokyo International Film Festival’s market, South Korean sales banner Finecut announced a number of deals, including the rights for a Chinese-language remake of hit thriller Hide and Seek.
Village Roadshow Pictures Asia — a branch of the Australian co-producer/co-financier group that launched in 2011 for projects geared for China — has bought the rights for a Chinese-language remake of the film. Directed by Huh Jung, Hide and Seek was the eighth highest grossing film in Korea in 2013, and garnered both critical and popular acclaim for its portrayal of urban apathy and crime.
The deal reflects the increasing number of exchanges between Korea’s and China’s film sectors, such as China’s Huace becoming the second largest stakeholder of Next Entertainment World, the local investor/distributor of Hide and Seek.
Meanwhile, Film Movement bought distribution rights for the original Korean film for the North America region. Buyers from China (Lemon Tree Media Company), Germany (Edel), Hong Kong and Macau (I-Cable Entertainment), Malaysia (Hwa Yea Multimedia) and Taiwan (Eagle International) also bought rights for the film.
Fashion King, which made its market premiere at the Asian Film Market, sold to a number of Asian territories including Bona Film for China, Hong Kong and Macau, Taiwan’s Golden Harvest and Thailand’s Hoyaspotainment. The film, which hits Koreans screens Nov. 6 via Next Entertainment World, is expected to wrap more deals for Asian territories, according Fincut’s CEO Suh Young-joo.
Based on a popular “webtoon” — web comic strips that are inspiring an increasing number of Korean movies — Fashion King is a romantic comedy about a high school boy undergoing a makeover in order to become the titular “fashion king.” Sulli, of internationally popular K-pop girl band f(x), who made her big-screen debut in the Korean summer blockbuster The Pirates, plays the girl of his dreams. Oh Ki-hwan, who directed the successful China-Korea co-production A Wedding Invitation, helmed the film.
Meanwhile, One on One, the latest by Venice Golden Lion-winner Kim Ki-duk, sold to Japan’s King Records and Italy’s Fil Rouge Media. European buyers previously picked up the film after it premiered as the Opening Film for Venice Days. Hong Sang-soo‘s Hill of Freedom, which also premiered at Venice (Orizzonti competition) and stars top Japanese actor Ryo Kase, was sold to Hong Kong’s Edko Films and Italy’s Fil Rouge Media, in addition to its previous sales to France, Japan and other regions.
Lee Sujin’s multiple award-winning indie flick Hang Gong-ju, which most recently won the Best Feature at Sitges’ New Visions section, was sold to Japan (New Select) and China (iQiyi.com), in addition to Spain (Mediatres), U.K. (Third Window Films) and France (Dissidenz). Lee Don-ku‘s Fatal, which was invited to the Berlinale’s Panorama showcase, was sold to Japan (Alcine Terran) and China (iQiyi.com) in addition to Malaysia (Hwa Yea Multimedia) and North American territories (Asian Media Rights).
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