Catalist-listed Spackman Entertainment Group yesterday said distribution rights to its thriller movie Golden Slumber have been sold to various markets including Asia, Australia, New Zealand and the United States.
The film is produced by the South Korean entertainment production company's subsidiary Zip Cinema, and distributed by CJ Entertainment.
Buyers include Clover Films in Singapore, Malaysia and Brunei; Movie Cloud in Taiwan; and Megaton in Hong Kong.
Golden Slumber is slated to hit Singapore theatres on March 8. It premiered in Los Angeles on Feb 16, and will be screened in various US cities, including New York and Seattle, on Feb 23.
The film, based on a Japanese novel by Isaka Kotaro, is directed by Noh Dong Soek. It features South Koreans Gang Dong Won who starred in Master and Han Hyo Joo from Cold Eyes. Kim Eui Sung and Yoo Jae Myeong are co-stars.
According to Spackman, the estimated production budget for the film is 10.5 billion won (S$12.75 million).
Meanwhile, Zip Cinema's Korean financial crisis film Sovereign Default is set to debut in Korean theatres in the second half of the year. It stars Korean actor Yoo Ah In, actress Kim Hye Soo, and French actor Vincent Cassel. The estimated production budget for this film is tentatively set at 9.7 billion won, Spackman said.
Spackman shares yesterday eased 2 per cent to 9.8 cents.