Spackman's The Outlaws sells 11b won through video on demand
VIDEO on demand (VOD) sales for Spackman Entertainment Group's 51 per cent owned-movie The Outlaws exceeded 11 billion Korean won (S$13.4 million) after two months, the Korean film production company announced on Friday.
That set a record for highest VOD sales in Korea, breaking the previous record that Disney's Frozen achieved in 10 months, the company said.
The Outlaws, one of the top movies in Korean box offices in 2017, is expected to "contrbute positively" to Spackman's financial performance for the year ending December 2018, Spackman interim chief executive Richard Lee said in a statement.
Spackman's 51 per cent-owned subsidiary Novus Mediacorp Co holds the distribution rights for The Outlaws for the ancillary market in Korea.
Share with us your feedback on BT's products and services
TRENDING NOW
Singapore Kitchen CEO, senior manager charged with alleged fraud, falsifying accounts; both to stay in jobs for now
World Cup lull could be investors’ chance to score SGX stocks: DBS
Tumbling stocks, sinking rupiah: ‘Sell Indonesia’ sweeps trading desks as Prabowo tightens grip
HSBC, AIA, Prudential shares slide after report of Hong Kong bank account curbs