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Library Pictures to Co-Finance Slate of Korean-Language Films

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hollywoodreporter.com
hollywoodreporter.comhollywoodreporter.com:

Los Angeles-based Library Pictures International has inked a deal to co-finance a slate of Korean-language films with South Korean studio Next Entertainment World, also known as NEW.

Financial terms weren't disclosed. The agreement was described by the two companies as a three-year, multi-picture financing pact spanning a diverse slate of titles, including finished films, movies currently in preproduction as well as future projects.

NEW has a strong track record at the South Korean box office, having produced such hits as Train to Busan, Peninsula and The Great Battle.

The South Korean deal follows a series of financing pacts Library has unveiled in recent months. The company recently announced co-financing deals in Indonesia, Vietnam and.

Read more on hollywoodreporter.com
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