Korea’s ‘Concrete Utopia’ Lands North America Streaming Release (EXCLUSIVE)

Patrick Frater Asia Bureau Chief U.S-Asian sales company EST N8 has picked up the international rights for “30 Minutes,” a Korean sci-fi thriller film that is currently in production. The story revolves around a middle-aged man trapped in a time loop, repeatedly reliving the Christmas Eve of his murder.

Patrick Frater Asia Bureau Chief A three-year run of poor box office performances is sure to hurt the South Korean sales companies touting their new titles at the European Film Market — but not by that much. Certainly, the box office malaise undermines the ability to market some titles on the strength of their theatrical earnings back home. But the Korean film industry still has numerous other calling cards.

Patrick Frater Asia Bureau Chief Acemaker Movieworks, the young Korean studio behind 2023 hit “Noryang: The Sea” and “A Man of Reason,” is using the Berlin Film Festival‘s European Film Market to launch crime drama “Troll Factory,” its next big budget movie. Film’s plot revolves around an investigative journalist who, while probing a story about the manipulation of public sentiment, uncovers the existence of a so-called “troll factory” and is confronted with an unbelievable truth. The movie is in post-production and recently set March 27 for its theatrical release in Korea.

Leo Barraclough International Features Editor AGC Studios and Meridian Pictures has sold U.S. and Canada as well as Asia pay TV rights for the Brad Anderson-directed thriller “The Silent Hour,” starring “Suicide Squad’s” Joel Kinnaman, “1917’s” Mark Strong, “New Amsterdam’s” Sandra Mae Frank and “8 Mile’s” Mekhi Phifer, to the newly revitalized Paramount label Republic Pictures. In the film, Kinnaman plays a Boston police detective who suffers an on-the-job accident that leaves him hearing impaired.

Patrick Frater Asia Bureau Chief Choi Yoonhee has been named as the new CEO of Barunson E&A, the Korean sales and production firm that is making a splash at the European Film Market in Berlin this week. Choi, who joined the firm in 2021 from CJ ENM, takes over from Gene Hong (Brian) Park and Kwak Sin Ae.

Katcy Stephan Controversial director Woody Allen’s 50th film “Coup de Chance” is coming to U.S. theaters. MPI Media Group will release the movie on April 5 for North American markets, with a digital/VOD release on April 12.

Patrick Frater Asia Bureau Chief Four Chinese films dominated the global box office charts over the weekend, with combined takings of $350 million earned over just two days. And, as North America watched the Super Bowl instead, the weekend’s top Hollywood title, “Argylle” earned just $15.9 million worldwide. Chinese titles eschewed their usual Friday release pattern and opened on Saturday, the first official day of the Lunar New Year holiday period in China and much of Asia. Female-directed comedy drama “YOLO,” earned $113 million (RMB802 million), according to data from consultancy Artisan Gateway. That was narrowly ahead of car-racing comedy “Pegasus 2,” which earned RMB758 million or $107 million and was the bigger title on Saturday.

Leo Barraclough International Features Editor Global Screen has closed further deals on major territories for its animated adventure film “Niko – Beyond the Northern Lights.” Variety debuts the new teaser (below). Viva Kids has acquired all rights for North America to the latest feature film in the franchise about a flying reindeer, following worldwide hits “Niko & the Way to the Stars” (2008) and “Niko – Little Brother, Big Trouble” (2012), which were sold to more than 120 countries. Further deals were concluded with Flins y Piniculas for Spain, CDC for Latin America, Nos Lusomundo for Portugal, Grand Entertainment for the Middle East and SVOE Kino for Ukraine.

Patrick Frater Asia Bureau Chief Hollywood fantasy film “Wonka” held strongly at the top of the South Korean box office on a weekend boosted by the Lunar New Year holidays. But Hollywood spy comedy “Argylle” opened disappointingly in seventh position. Korea allocates three days of public holiday to the Lunar New Year and took them this time from Friday to Sunday.

Patrick Frater Asia Bureau Chief Sony Pictures has acquired international distribution rights to “YOLO,” a mainland Chinese comedy film that releases in China on Saturday, the first day of the Lunar New Year holiday. The film is written, directed by and stars Jia Ling, China’s top-grossing female filmmaker. She portrays Le Ying, an unemployed woman in her thirties who still lives with her parents until one day, she meets a boxing coach (portrayed by Lei Jiayin), who just may change her life.

Patrick Frater Asia Bureau Chief A feature-length fully-animated version of smash hit Korean series “Yumi’s Cells” will launch next month at the European Film Market in Berlin. International rights to the property were picked up by Barunson E&A, part of the Korean Barunson conglomerate that also produced Oscar-winning live-action film “Parasite.” “Yumi’s Cells: The Movie” is a 3D feature animation based on the popular Naver webtoon series of the same title that debuted in 2015. Production of the film is by Locus Animation (formerly Sidus Animation), which was previously responsible for “Red Shoes and Seven Dwarfs” and Studio N, a subsidiary of Naver Webtoon.

Patrick Frater Asia Bureau Chief “Citizen of a Kind,” a comedy-drama about a woman who takes matters into her own hands after becoming the victim of a scam, fulfilled its promise from an earlier week of previews. “Citizen” topped the South Korean box office on its opening weekend, accounting for a more than 40% market share.

Patrick Frater Asia Bureau Chief Lotte Cultureworks will launch “Holy Night: Demon Hunters,” likely to be one of the biggest Korean movies of the year, at next month’s European Film Market in Berlin. The occult-themed action movie stars Don Lee, the Korean-American superstar who also fronts “The Roundup” comedy-action franchise. The fourth instalment in that series “The Roundup: Punishment” will have its world premiere in the Berlin festival’s Berlinale Special section, with Lee expected to be in attendance, giving Lotte some additional momentum with the new title launch.

Patrick Frater Asia Bureau Chief Sony Pictures‘ “Madame Web,” a standalone origin story in the studio’s array of “Spider-Man”-based Marvel characters, has been granted a theatrical release in mainland China. The film will open in the country on March 1 — two weeks after the title’s Valentine’s Day bow in North America and multiple international territories, including the Chinese-language markets of Taiwan and Hong Kong. The release marks a welcome opportunity for Sony, which, along with the other traditional studios faced difficulty in securing theatrical runs in China over recent years.

Patrick Frater Asia Bureau Chief Iconic Hollywood musical film “La La Land” is to re-release (again) in South Korean theaters from Wednesday. Distributed by Pancinema, it will play at the country’s Imax cinemas for a one-week limited run with tickets costing upwards of KRW15,000 ($11.25) for adults. The film was directed by Damien Chazelle and stars Ryan Gosling (newly Oscar-nominated for his role as Ken in “Barbie”) and Emma Stone, and holds the box office record for movie musicals with global box office of $470 million. It recently re-released in cinemas in China in time for the Christmas peak season.

Patrick Frater Asia Bureau Chief Webtoons, the digital comics that have been the source material for scores of Korean films and TV series, are to receive a major boost from the South Korean government. Yu In-chon, minister for culture, sports and tourism, on Tuesday said that the government will foster webtoon platform development, launch a major webtoon festival in the autumn of this year and by 2027 open a school dedicated to the emerging genre. Webtoons emerged in the early years of the 21st century shortly after the mass market a acceptance of smart phones – a technology sector where Korea’s Samsung Electronics is a major manufacturer – and are vertically-scrolling comics designed for consumption on a small screen. As a relatively new medium webtoons have escaped some of the strictures of Japan’s manga business or the cartoon industry in other countries. Instead, they have diverse story genres, are cheap to produce, which allows creators from non-professional backgrounds to participate, and have been quickly internationalized through multi-lingual translations and overseas platforms.

WWE is making another change with it’s Monday Night Raw programming!

John Hopewell Chief International Correspondent MIAMI — Buoyed by a near celebratory inaugural edition last year – the first time many execs attending had seen one another post-Pandemic – the 2nd Content Americas neared its final bend to lift-off on Tuesday, with a bullish attendance and a market still reacting to the Netflix Corrective of 2022 when it began to measure the cost of its dramatic expansion worldwide. Delegates, as of Monday, were approaching 2,000, nearly 25% up on 2023’s 1,600. That includes 150 exhibition companies and a significant increase on buyers – 950, doubled from last year.

EXCLUSIVE: HanWay Films will represent international sales at next month’s EFM on Berlinale Competition title La Cocina. Fifth Season co-financed the film and is co-representing North America with WME.

Gene Maddaus Senior Media Writer The union representing Hollywood musicians begins bargaining on Monday with demands for streaming residuals and protections from artificial intelligence. The American Federation of Musicians kicked off the talks with a rain-soaked rally at the Sherman Oaks Galleria, home of the Alliance of Motion Picture and Television Producers, which bargains on behalf of the major studios. The musicians’ top issues are the same ones that forced Hollywood writers and actors to go on strike last year, paralyzing the industry for six months.