Patrick Frater Asia Bureau ChiefU.S. entertainment financier Library Pictures International has struck a three-year deal to co-finance a slate of Korean-language movies from Next Entertainment World (N.E.W.).Library’s investment will include finished films, films currently in pre-production, as well as projects developed over the course of the next three years.
The company was started in 2008 as a local distributor and has gone on to produce and distribute titles including “Train to Busan” “Peninsula” and “The Great battle.” It listed on the Korean stock market in 2014.“The partnership with Library will be a driving force in expanding opportunities for Korean storytellers and accelerate our overall growth, said Kim Jae-min, president of.
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