By Patrick Frater Asia Bureau Chief Korean producer Little Big Pictures and foreign sales agent Contents Panda have agreed terms over the licensing of action thriller “Time to Hunt.” The agreement paves the way for the movie to have its premiere on global streaming platform Netflix.
The two companies issued separate statements on Thursday afternoon. Little Big Pictures’ statement was a groveling apology to the sales agent, frustrated international distributors and audiences.
Contents Panda’s notice announced that it had salvaged the reputation of the Korean industry, agreed compensation with distributors in 30 territories that it had licensed the film to, and withdrawn its injunction from the Korean courts.
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