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FEATURE


FEATURE


Sector 7


model — the $30m production is independently fi nanced and produced by Park Chan-wook’s Moho Films and Opus Pictures. Outside of English-language markets, the


Korean fi lm biz has also been focusing on neigh- bouring China, which shares a similar culture but presents its own special set of challenges. Korean fi lms have recently been performing well in China — Sector 7 grossed $4.7m last December, while Kim Tae-yong’s Late Autumn, starring Hyun Bin and Chinese actress Tang Wei, took $9.5m within two weeks of its March 2012 release. However, as it is diffi cult to secure one of China’s


34 annual revenue-sharing slots, Korean fi lms can usually only enter the country on fl at-fee deals or as official co-productions. As flat-fee deals do not yield a share of box offi ce, more Korean companies are exploring co-productions — Showbox recently announced it will co-produce 3D sports action


As well as English- language markets, the Korean film business has been focusing on China


Architecture 101


drama Mr. Go 3D with Beijing-based Huayi Broth- ers. Huayi is investing $5m in the fi lm and the deal ensures it will receive a 5,000-screen release across China in summer 2013. More than half of China’s 10,000 screens are 3D-equipped. And just as they are beginning to make a mark


in Hollywood, Korean fi lm-makers are also work- ing on Chinese productions that do not always


involve Korean investment. Dangerous Liaisons, a Chinese remake of the 18th century novel Les Liai- sons Dangereuses, which premieres here in Direc- tors’ Fortnight, is directed by Korea’s Hur Jin-ho (Happiness, April Snow). The fi lm, which stars both Korean and Chinese actors, is co-produced by Chi- na’s Zonbo Media with Daniel Yun’s Singapore- based outfi t Homerun Asia. 


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HALF PAGE ADVERT


May 19, 2012 Screen International at Cannes 47 ■


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