Korean Movies Sold at Cannes Film FestivalThe Korean movies 'Silent Family', 'Connection' and 'Toemarok' were sold to distributors from the U.S., Thailand, and Germany during the Cannes Film Festival.
'Silent Family' was sold to the U.S. for a guaranteed 90,000 dollars plus a further 50 percent of revenue from the cinema, videotape and TV rights. The thriller Silent Family is negotiating distribution rights for Japan.
The SF thriller 'Toemarok' was exported to Thailand at a minimum guarantee of 40,000 dollars and an additional 50 percent of box office receipts, 70 percent of TV earnings and 30 percent of videotape earnings. This movie reportedly is negotiating with four European countries including Germany.
'Connection', which had already signed a deal with NHK - Japan's public TV broadcaster - before the Cannes Festival for a guaranteed 35,000 dollars, will be remade in Germany under the support of Universal Pictures in September. The rights of the romance's remake were sold for 40,000 dollars.
A market source said, ''the Organ in My Heart' is likely to be sold soon or later.'
Jooan Kang : email@example.com