Spackman's Korean thriller film 'Golden Slumber' sold to international markets

CATALIST-listed Spackman Entertainment Group on Tuesday said that distribution rights to its thriller film "Golden Slumber" has been sold to various markets including Asia, Australia, New Zealand, and the US.

The film is produced by the South Korean entertainment production company's subsidiary Zip Cinema, and distributed by CJ Entertainment.

Among other regions, the film has been sold to Clover Films in Singapore, Malaysia and Brunei; Movie Cloud in Taiwan; and Megaton in Hong Kong.

Staring Korean actors Gang Dong Won and Han Hyo Joo, "Golden Slumber" is slated to hit Singapore theatres on March 8.

The film which premiered in Los Angeles on Feb 16, will also be screened in various US cities, including New York, Toronto and Seattle, on Feb 23.

'Golden Slumber' is based on a Japanese novel by Isaka Kotaro and directed by Noh Dong Soek. The movie features Gang Dong Won who starred in "Master" (2016) and Han Hyo Joo from "Cold Eyes"(2013). Kim Eui Sung from "Train to Busan" (2016) and Yoo Jae Myeong co-star in the film as well.

According to Spackman, the estimated total production budget for the film is about 10.5 billion Korean won (S$12.75 million).

Following "Golden Slumber", Zip Cinema's Korean financial crisis film "Sovereign Default" is also slated to debut in Korean theatres in the second half of the year.

Korean actor Yoo Ah In, actress Kim Hye Soo, and French actor Vincent Cassel will star in the movie. The estimated production budget for this film is tentatively set at 9.7 billion Korean won, Spackman said.

Shares in Spackman traded 3.1 per cent, or 0.3 Singapore cent higher, to close at S$0.10 apiece on Monday.