Netflix has announced a slate of Chinese-language films and series, headlined by fantasy series Agent From Above, which the streamer says “boasts extensive visual effects that are seldom seen in a local series”.
14.10.2022 - 15:07 / variety.com
Patrick Frater Asia Bureau Chief SM Entertainment, one of the leading agency groups in Korean entertainment, said Friday that it will terminate a contract with Lee Soo-man, a year early, at the end of 2022. “SM Entertainment [..] will sever ties with its chief producer Lee Soo-man at the end of this year,” Yonhap news agency reported on Friday. Lee was one of the key figures in the early discovery of Korean pop talent in the mid-1990s, developing the agency system that has hatched numerous idol groups, and has remained one of the biggest executive names in the K-pop business. The four leading agencies are brand names in their own right, organize concerts for their stables of performers, and maintain a far more visible presence than music management firms in most other countries.
Lee has been behind the success of acts including BoA, TVXQ, Girls Generation, Shinee, EXO, Super Junior, NCT and aespa. SM Entertainment’s board of directors said Friday that it would bring to an early end a deal with Like Planning, a music production company that is wholly owned by Lee. SM Entertainment outsourced production and has paid millions of dollars of royalties per year to Like Planning. The arrangement was criticized by institutional shareholders including Align Partners Capital Management as undermining SM Entertainment profitability and shareholder value. Lee is also publicly-traded SM Entertainment’s biggest single shareholder with an 18% stake. The rift emerged a month ago and when it emerged that Lee might himself seek the exit, SM Entertainment shares leaped by some 20%. “With the 25-year-old production system Lee established running well, he is confident that good junior producers will manage without much difficulty. He added
Netflix has announced a slate of Chinese-language films and series, headlined by fantasy series Agent From Above, which the streamer says “boasts extensive visual effects that are seldom seen in a local series”.
South Korea’s entertainment industry has postponed several events in the wake of the tragic crowd surge that killed more than 150 people in Seoul’s Itaewon district on Saturday night. The country is in a week-long period of mourning.
Michael Jackson's son Prince appeared on Good Morning Britain this morning and he looks unrecognisable, the Mirror reports. The son of the Thriller Star which is celebrating it's 40 year anniversary was interviewed by Adil Ray and Charlotte Hawkins on the ITV breakfast show about his father's legacy.
Police are appealing for information after a man was found with a serious head injury outside a pub in Greenock last night.
Patrick Frater Asia Bureau Chief “Band of Brothers” writer Bruce McKenna is teaming with David Broyles (“Six”) and Nick Jones Jr. (“Yasuke”) to write and produce a limited TV series “Buffalo Rangers” about the 2nd Ranger Company, the only all-Black special operations combat unit in U.S. history. They were notable for their efforts in the Korean War. The series is being produced by South Korea-based Moving Pictures Company, which has a growing English-language slate. No broadcaster or streamer has been announced. Producing alongside Broyles, Jones and McKenna are Thomas Suh (through his production company Système D Entertainment), Paul Merryman (“The Outpost”), Debra Martin Chase (“Harriet,” CBS’s “The Equalizer”) and Jariko Denman (“The Outpost”), a retired master sergeant with 15 combat deployments.
Patrick Frater Asia Bureau Chief BTS, the biggest names in K-Pop, announced Monday that they will sign up for Korea’s mandatory military service, with Jin initiating the process at the end of October. The move means that the septet will become temporarily inactive as a group. But, “both the company and the members of BTS are looking forward to reconvening as a group again around 2025 following their service commitment,” said label Bighit Music. “The members of BTS are currently moving forward with plans to fulfill their military service. Group member Jin will initiate the process as soon as his schedule for his solo release is concluded at the end of October. He will then follow the enlistment procedure of the Korean government. Other members of the group plan to carry out their military service based on their own individual plans,” Bighit said in a statement.
Patrick Frater Asia Bureau Chief While the Busan International Film Festival was busily hailing a return to normality the slump at South Korea’s commercial box office deepened dramatically over the most recent weekend. Cinemagoing nationwide was worth only $4.20 million between Friday and Sunday, the lowest weekend total since April and a time before Korean cinemas shed their COVID restrictions. The weekend’s top film “Life Is Beautiful” managed the lowest first place score of any film this year, with a weekend haul of just $777,000, according to data from Kobiz, the tracking service operated by the Korean Film Council (KOFIC).
Patrick Frater Asia Bureau Chief The free concert by K-pop sensation BTS in Busan, Korea, was viewed by upwards of 49 million people on Saturday. The free-of-charge “BTS ‘Yet to Come’ in Busan” concert was held in support of Busan’s bid to host the 2030 World Expo and represented an attempt to introduce the city and Korean culture to global audience. After a change of venue, the physical component was held at the city’s Asiad Main Stadium and attracted some 50,000 in-person guests. An additional 10,000 people in the city watched a live retransmission at the Busan Port, and a further 2,000 gathered in Haeundae, the tourist area that recently played host to the Busan International Film Festival.
SM Entertainment is set to terminate its production contract with founder and chief producer Lee Soo-man at the end of the year.According to a report by Yonhap News Agency, SM Entertainment’s board of directors have decided to terminate their production contract with Like Planning, a music production company run by Lee, by December 31 – a year earlier than initially planned. SM Entertainment has been outsourcing music production to Like Planning for over 20 years.The early termination of Lee’s contract with the agency comes off the heels of investors from Align Partners Capital Management – which owns 1.1 per cent of SM Entertainment – claiming that the ties between both companies have been “damaging shareholder value” and demanding they sever ties with Like Planning in an open shareholder letter to the company in August.A separate report by Infostock Daily notes that Align Partners Capital Management cited the royalties that the agency paid to Like Planning have been undermining the value of shareholders.
Patrick Frater Asia Bureau Chief Korean film “A Wild Roomer” and India’s “Shivamma” have been announced as the joint winners of the New Currents competition, the prestige discovery section of the Busan International Film Festival. “We were particularly sensitive to the lightness and subtlety of the director’s view of his characters. Through his innovative cinematography, he creates original circulations between the characters within a house, and builds a very contemporary universe,” the competition jury said of the Lee Jeon-hong-directed “A Wild Roomer.” “We appreciated the originality and intensity with which the director was able to tell this very contemporary story. Here documentary and fiction meet in an organic and spirited way of making cinema. The generosity of the actors and the scenes create a closeness with this universal story that takes place in an Indian village,” the jury said of the Jaishankar Aryar-directed “Shivamma.”
Netflix is currently in talks to stream upcoming Korean blockbuster The Match exclusively on its platform.South Korean news outlet The Korea Herald reported on October 12 that The Match – which stars Squid Game’s Lee Byung-hun and Hellbound’s Yoo Ah-in as its leading stars – is currently considering forgoing a theatrical release in favour of a Netflix premiere.The producers of The Match had reportedly previously sorted out a release date for its theatrical premiere, but are now in talks to change tactics considering local movie theatre attendance has yet to improve since the ease of COVID-19 restrictions in South Korea. However, representatives of Netflix told The Korea Herald that “nothing has been decided yet”.Based on true events, The Match follows the tale of two notable Go (a traditional Chinese board game) players set in the ’80s and ’90s.
$49.4 million last year and finished with a $92 million domestic total, and pre-release projections for “Ends” have it matching that opening mark with a $50 million opening. By contrast, the first installment in this “Halloween” revival in 2018 opened to $76 million on the way to a $159 million domestic total and $255 million worldwide, buoyed before its release by strong reviews from critics praising Jamie Lee Curtis’ return to her debut role, Laurie Strode, that expanded interest beyond the series’ most devoted fans. “Kills,” on the other hand, got much poorer reviews, with critics slamming the sequel for sidelining Laurie in the hospital instead of having her take the murderous Michael Myers head-on like she did in the first film.
Patrick Frater Asia Bureau Chief “Future Laobans,” a project directed by Maung Sun and produced by Maung Sun and Ma Aeint, claimed the Busan Prize, the top award at the Asian Project Market, on Tuesday. The awards were made at an event held at the Paradise Hotel in Busan’s Haeundae district at the end of three days of quick-fire meetings between producers and directors and an array of potential co-producers, financiers and distributors. Organizers said that they put together 705 such one-on-one meetings. The CJ ENM Award went to Indonesia’ “Gaspar,” to be directed by Yosep Anggi Noen and produced by Yulia Evina Bhara and Cristian Imanueli.
Disney+ has shared the first trailer for its upcoming crime-thriller drama Shadow Detective, starring Lee Seong-min (Juvenile Justice) and Jin Gu, best known for his role in Descendants of The Sun.Set to premiere on October 26 exclusively on Disney+, the forthcoming series follows veteran police detective Taek-rok (played by Lee), who is framed for a murder just as he is about to retire from the force. The true murderer hides his identity while stalking Taek-rok, and blackmails him into re-investigating some of his past cases.In the new trailer, Taek-rok wanders the empty police station after hours as an eerie tune plays on the radio, later coming across a stack of folders in an interrogation room.
Patrick Frater Asia Bureau Chief Comedy action film “Confidential Assignment 2: International” claimed its fifth successive weekend victory at the South Korean box office as only U.S. horror film “Smile” was able to break into the top five.The CJ Entertainment-distributed “Confidential Assignment 2” managed $1.64 million over the Friday to Sunday period, according to data from Kobis, the tracking service operated by the Korean Film Council (KOFIC). That represented a 27% share of the market. “Confidential Assignment 2” recorded a 27% weekend on weekend decline. That pushed its cumulative total to $47 million, earned form $6.52 million ticket sales since release on Set. 7, 2022.
Patrick Frater Asia Bureau Chief Korean indie production house, IMTV is developing and will produce a drama series based on the New York Times best-selling novel, “The Island of Sea Women” by Lisa See. The story is set largely on the remote Korean island of Jeju, among the community of ‘haenyo,’ women who earn a living by free diving for mollusks, seaweed and other sea life from the depths of the ocean. Representatives of a rare semi matriarchal society, the women work while the menfolk typically stay at home, though property is passed down along male lines. Celebrated activist and Nobel Prize-winner Malala recently boarded a documentary project about the haenyo of Jeju that is set up at the A24 U.S. indie studio.
Patrick Frater Asia Bureau Chief Japan’s Toei Animation and Korea’s CJ ENM unveiled a volley of new projects on Saturday flowing from their previously-established cooperation pact. The new shows include: a series that will be produced in both live action and animated formats; a live action series; and a third animation series. “The genesis of this co-operation was the notion that we should play to the strengths of Korean content and Japanese animation,” said Yi Jongmin, the CJ executive who heads the joint venture’s shared control unit. “That was before we factor in language barriers and cultural differences and suffered the disruptions of the COVID pandemic.”
READ MORE - Homeless men sleeping rough in the shadow of Tottenham's luxury £750k flats say 'life is tough'On Friday morning WWE also issued a statement confirming the news. Taking to social media, World Wrestling Entertainment paid tribute and sent their 'heartfelt condolences' to star's family, friends and fans. On Twitter the page wrote: "WWE is saddened to learn of the passing of Sara Lee.