by Patrick Frater.
Hollywood studio, Twentieth Century Fox is seeking to step up its local language film-making activity in South Korea.
The South Korean operation hopes to develop and hold majority positions in a small slate of local productions, destined primarily for the vibrant local market.
The initiative is overseen by Twentieth Century Fox (Korea) Inc 20???? ???’s managing director Tom OH ??? (pictured), Fox International Productions’ president Sanford PANITCH and by production executive Paul HUH ???.
“Our goal is to invest in, produce and distribute Korean films for the Korean market,” Oh told Film Business Asia. “This is an extension of what we are already doing here. Three years ago we were investors in [NA Hong-jin ??? | ???-directed thriller] The Yellow Sea ?? (2010), though did not have a majority position and therefore could not do everything we might have liked to have done with that film.” The film grossed $17 million in South Korea.
Read the rest of this article from Filmbiz Asia.
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