- Leading Korean actress, Lee Min-jung, managed byGroup's associated company, Spackman Media Group, casted as the main characterof FATE AND FURIES, a new romance drama to be aired by SBSin November 2018
- Co-starring Joo Sang-wook of GRAND PRINCE (2018), FATE ANDFURIES marks the first collaboration between Lee Min-jung and Joo Sang-wookin four years
- FATE ANDFURIES highlights Lee Min-jung's return to the small screen two years afterher last drama, PLEASE COME BACK, MISTER(2016)
SINGAPORE - Media OutReach - 4 July 2018 - Spackman Entertainment Group Limited("Spackman Entertainment Group" or the "Company" and togetherwith its subsidiaries, the "Group"), one of Korea's leadingentertainment production groups founded by financier Charles Spackman, wishesto announce that leading actress Lee Min-jung of MS Team EntertainmentCo., Ltd. ("MS Team"), a subsidiaryof the Group's associated company, Spackman Media Group Limited ("Spackman Media Group") is set toheadline upcoming weekend romance drama, FATEAND FURIES, scheduled to be aired by SBS in November 2018.
Written by KangChul-woong, FATE AND FURIES is basedon the American novel by Lauren Groff of the same name. The 20-episode SBSweekend drama depicts a present-day story of a woman who deceives a man who endsup falling in love with her. Joo Sang-wook, who recently starred in TV Chosun'sGRAND PRINCE (2018), shall co-starwith Lee Min-jung of MS Team. The collaboration between the two stars markstheir first drama together in four years since the romance drama, CUNNING SINGLE LADY (2014).
Mr. RichardLee, Interim Chief Executive Officer & Executive Director of SpackmanEntertainment Group, said, "We're excited about Lee Min-jung's return to theKorean drama scene as another top artist represented by our associated company,Spackman Media Group, takes a leading role in a major drama project. Lee Min-jungis managed by MS Team, a wholly-owned subsidiary of Spackman Media Group, whichalso represents Korean megastar Son Ye-jin and rising star Wi Ha-jun."
About SpackmanEntertainment Group Limited
SpackmanEntertainment Group Limited ("SEGL"or the "Company"), and together withits subsidiaries, (the "Group"), oneof Korea's leading entertainment production groups founded by investmentveteran, Mr. Charles Spackman, is primarily engaged in the independentdevelopment, production, presentation, and financing of theatrical motionpictures in Korea. In order to diversify our revenue streams, inthe second half of 2018, we will to expand our business portfolio to includethe production of Korean television dramas. In addition to our contentbusiness, we also make investments into entertainment companies and film fundsthat can financially and strategically complement our existing core operations.SEGL is listed on the Catalist of the Singapore Exchange Securities TradingLimited under the ticker 40E.
SEGL'sZip Cinema Co., Ltd. ("Zip Cinema")is one of the most recognised film production labels in Korea and hasoriginated and produced some of Korea's most commercially successful theatricalfilms, consecutively producing 8 profitable movies since 2009 representing anindustry leading track record. Recent theatrical releases of Zip Cinema'smotion pictures include some of Korea's highest grossing and award-winningfilms such as MASTER (2016), THE PRIESTS (2015), COLD EYES (2013), and ALLABOUT MY WIFE (2012). For more information on Zip Cinema, do visit https://zipcine.com
SEGLalso owns Novus Mediacorp Co., Ltd. ("NovusMediacorp"), an investor, presenter, and/or ancillary distributor for atotal of 76 films (53 Korean and 23 foreign) including SECRETLY, GREATLY, which was one of the biggest box office hits of2013 starring Kim Soo-hyun of MY LOVEFROM THE STARS fame, as well as FRIEND2: THE GREAT LEGACY. In 2012, Novus Mediacorp was also the ancillarydistributor of ALL ABOUT MY WIFE, atop-grossing romantic comedy produced by Zip Cinema. In 2018, THE OUTLAWS, co-presented by NovusMediacorp broke the all-time highest Video On Demand ("VOD") sales records in Korea. For more information on NovusMediacorp, do visit https://novusmediacorp.com
Ourfilms are theatrically distributed and released in Korea and overseas markets,as well as for subsequent post-theatrical worldwide release in other forms ofmedia, including cable TV, broadcast TV, IPTV, video-on-demand, and homevideo/DVD, etc. We release all of our motion pictures into wide-theatricalexhibition initially in Korea, and then in overseas and ancillary markets.
Wealso operate a café-lounge called Upper West, in the Gangnam district of Seouland own a professional photography studio, noon pictures Co., Ltd..
TheCompany holds an effective shareholding interest of 41.28% in Spackman MediaGroup Limited ("SMGL"). SMGL, acompany incorporated in Hong Kong, together with its subsidiaries, iscollectively one of the largest entertainment talent agencies in Korea in termsof the number of artists under management, including some of the top names inthe Korean entertainment industry. SMGL operates its talent management businessthrough renowned agencies such as MS Team Entertainment Co., Ltd., UAA & CoInc., Fiftyone K Inc., SBD Entertainment Inc., and Kook Entertainment Co., Ltd.Through these full-service talent agencies in Korea, SMGL represents and guidesthe professional careers of a leading roster of award-winning actors/actressesin the practice areas of motion pictures, television, commercial endorsements,and branded entertainment. SMGL leverages its unparalleled portfolio of artistsas a platform to develop, produce, finance and own the highest quality ofentertainment content projects, including theatrical motion pictures, varietyshows, and TV dramas. This platform also creates and derives opportunities forSMGL to make strategic investments in development stage businesses that cancollaborate with SMGL artists. SMGL is an associated company of the Company.
On31 March 2017, the Group completed the acquisition of 100% equity interest inFrame Pictures Co., Ltd. ("FramePictures"). Frame Pictures is a leader in the movie/drama equipment leasingbusiness in Korea. Established in 2014, Frame Pictures has worked with over 25top directors and provided the camera and lighting equipment for some ofKorea's most notable drama and movie projects including LOVELY HORRIBLY(2018) starring Park Si-hoo of MY GOLDEN LIFE (2017) and Song Ji-hyo ofRUNNING MAN, THE GUEST (2018) showcasing Kim Dong-wook of ALONGWITH THE GODS: THE TWO WORLDS (2017), historical Korean movie MALMOI,SUITS (2018) featuring Park Hyung-sik of SMGL, MISTRESS (2018), LIFE(2018), LIVE (2018) starring LeeKwang-soo of RUNNING MAN, MY MISTER (2018), SUITS (2018) showcasing Park Hyung-sik of SMGL, MISTRESS (2018), LIFE (2018), Netflix's first Korean original production LOVE ALARM (2018), DECEPTIVE MURDER (2017), TUNNEL(2017), VOICE (2017), THE LEGEND OF THE BLUE SEA (2016) featuring Jeon Ji-hyeonand Lee Min-ho, as well as VETERAN(2015), the number one movie at the Korean box office in 2015 starring YooAh-in.
On27 October 2017, the Company completed the acquisition of 100% equity interestin Take Pictures Pte. Ltd. ("TakePictures") which owns a strong lineup of 10 film projects including theco-production with Zip Cinema for THEPRIESTS 2.
On 26 January 2018, the Companycompleted the acquisition of 100% equity interest in Constellation Agency Pte.Ltd. ("Constellation Agency").Constellation Agency, which owns The P Factory Co., Ltd. ("The P Factory") and Platform MediaGroup Co., Ltd. ("PMG"), isprimarily involved in the business of overseas agency for Korean artistsventuring into the overseas market. The P Factory is an innovative marketingsolutions provider specializing in event and branded content production. PMG isa talent management agency which represents and manages the careers of majorartists in film, television, commercial endorsements, and branded entertainment.
On 7May 2018, the Company announced that it would spin-off Novus Mediacorp andFrame Pictures into a combined entity to seek listing on the Catalist Board ofthe Singapore Exchange Securities Trading Limited to exploit thegrowing post-theatrical and camera equipment leasing markets.
For more details, do visit https://www.spackmanentertainmentgroup.com/
This press release has been prepared by the Company and its contentshave been reviewed by the Company's sponsor, RHT Capital Pte. Ltd. (the "Sponsor"), for compliance with theSingapore Exchange Securities Trading Limited (the "SGX-ST") Listing Manual Section B: Rules of Catalist. TheSponsor has not verified the contents of this press release.
This press release has not been examined or approved by the SGX-ST. TheSponsor and the SGX-ST assume no responsibility for the contents of this pressrelease including the accuracy, completeness or correctness of any of theinformation, statements or opinions made or reports contained in this pressrelease.