Top Page | English | 简体中文 | 繁體中文 | 한국어 | 日本語
Wednesday, 18 April 2018, 09:50 HKT/SGT
Share:
    

Source: Spackman Entertainment Group Limited
Spackman Entertainment Group's Frame Pictures secures camera equipment deals for three new major Korean drama series, SUITS, MISTRESS and LIFE
- Frame Pictures, a leading movie/drama equipment leasing player in Korea, won camera equipment contracts for three new major Korean drama series, one of which is a Korean remake of popular US drama, SUITS
- Park Hyung-sik and Yoo Jae-myung, actors represented by associated company, Spackman Media Group, will be featured in two of the dramas
- Frame Pictures continues to secure top-quality projects to its healthy pipeline and is expected to contribute positively to the Group's fiscal year 2018

SINGAPORE, Apr 18, 2018 - (Media OutReach) - Spackman Entertainment Group Limited ("Spackman Entertainment Group" or the "Company" and together with its subsidiaries, the "Group"), one of Korea's leading entertainment production groups created by founder Mr. Charles Spackman, wishes to announce that its wholly-owned subsidiary, Frame Pictures Co., Ltd. ("Frame Pictures"), has won contracts to supply camera systems and equipment for three upcoming major Korean drama series, SUITS, MISTRESS and LIFE.

The total contract value for the three camera equipment deals tentatively stands at KRW 580 million (approximately US$522,000[1]) subject to changes in final filming schedule.

The Korean remake of popular US drama, SUITS, is scheduled to air on 25 April 2018 on KBS 2 TV and stars Park Hyung-sik of the Group's associated company, Spackman Media Group Limited, and Jang Dong-gun. Starring Han Ga-in, MISTRESS, a mystery thriller & romance drama directed by Han Ji-Seung and written by Kim Jin-Wook, will air on 28 April 2018 on OCN. The medical drama LIFE features another actor represented by Spackman Media Group, Yoo Jae-myung, as well as Lee Dong-wook and Jo Seung-woo, and is expected to air in July 2018 on JTBC.

Mr. Richard Lee, Interim Chief Executive Officer & Executive Director of Spackman Entertainment Group, said, "On the heels of securing two major Korean drama equipment contracts early this month, Frame Pictures has successfully won another three camera equipment deals. We are pleased to see Frame Pictures demonstrating great momentum in securing these top-quality drama projects and adding to their robust pipeline."

On 4 April 2018, Frame Pictures was awarded KRW 550 million (approximately US$495,000[1]) worth of camera contract equipment contracts for two major Korean dramas, LIVE and MY MISTER.

About Spackman Entertainment Group Limited

Spackman Entertainment Group Limited ("SEGL" or the "Company"), and together with its subsidiaries, (the "Group"), a leading entertainment production group created by founder Mr. Charles Spackman, is primarily engaged in the independent development, production, presentation, and financing of theatrical motion pictures in Korea. In addition to our film business, we also make investments into entertainment companies and film funds that can financially and strategically complement our existing core operations. SEGL is listed on the Catalist of the Singapore Exchange Securities Trading Limited under the ticker 40E.

SEGL's Zip Cinema Co., Ltd. ("Zip Cinema") is one of the most recognised film production labels in Korea and has originated and produced some of Korea's most commercially successful theatrical films, consecutively producing 8 profitable movies since 2009 representing an industry leading track record. Recent theatrical releases of Zip Cinema's motion pictures include some of Korea's highest grossing and award-winning films such as MASTER (2016), THE PRIESTS (2015), COLD EYES (2013), and ALL ABOUT MY WIFE (2012). For more information on Zip Cinema, do visit http://zipcine.com

SEGL also owns Novus Mediacorp Co., Ltd. ("Novus Mediacorp"), an investor, presenter, and/or ancillary distributor for a total of 76 films (53 Korean and 23 foreign) including SECRETLY, GREATLY, which was one of the biggest box office hits of 2013 starring Kim Soo-hyun of MY LOVE FROM THE STARS fame, as well as FRIEND 2: THE GREAT LEGACY. In 2012, Novus Mediacorp was also the ancillary distributor of ALL ABOUT MY WIFE, a top-grossing romantic comedy produced by Zip Cinema. In 2018, THE OUTLAWS, co-presented by Novus Mediacorp broke the all-time highest Video On Demand ("VOD") sales records in Korea. For more information on Novus Mediacorp, do visit http://novusmediacorp.com

Our films are theatrically distributed and released in Korea and overseas markets, as well as for subsequent post-theatrical worldwide release in other forms of media, including cable TV, broadcast TV, IPTV, video-on-demand, and home video/DVD, etc. We release all of our motion pictures into wide-theatrical exhibition initially in Korea, and then in overseas and ancillary markets.

We also operate a cafe-lounge called Upper West, in the Gangnam district of Seoul and own a professional photography studio, noon pictures Co., Ltd..

The Company holds an effective shareholding interest of 33.76% in Spackman Media Group Limited ("SMGL"). SMGL, a company incorporated in Hong Kong, together with its subsidiaries, is collectively the largest entertainment talent agency in Korea in terms of the number of artists under management, including some of the top names in the Korean entertainment industry. SMGL operates its talent management business through renowned agencies such as MS Team Entertainment Co., Ltd., UAA & Co Inc., Fiftyone K Inc., SBD Entertainment Inc., and Kook Entertainment Co., Ltd. Through these full-service talent agencies in Korea, SMGL represents and guides the professional careers of a leading roster of award-winning actors/actresses in the practice areas of motion pictures, television, commercial endorsements, and branded entertainment. SMGL leverages its unparalleled portfolio of artists as a platform to develop, produce, finance and own the highest quality of entertainment content projects, including theatrical motion pictures, variety shows, and TV dramas. This platform also creates and derives opportunities for SMGL to make strategic investments in development stage businesses that can collaborate with SMGL artists. SMGL is an associated company of the Company.

On 31 March 2017, the Group completed the acquisition of 100% equity interest in Frame Pictures Co., Ltd. ("Frame Pictures"). Frame Pictures is a leader in the movie/drama equipment leasing business in Korea. Established in 2014, Frame Pictures has worked with over 25 top directors and provided the camera and lighting equipment for some of Korea's most notable drama and movie projects including THE LEGEND OF THE BLUE SEA (2016) featuring Jeon Ji-hyeon and Lee Min-ho, as well as VETERAN (2015), the number one movie at the Korean box office in 2015 starring Yoo Ah-in.

On 27 October 2017, the Company completed the acquisition of 100% equity interest in Take Pictures Pte. Ltd. ("Take Pictures") which owns a strong lineup of 10 film projects including the co-production with Zip Cinema for THE PRIESTS 2.

On 26 January 2018, the Company completed 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 Media Group Co., Ltd. ("PMG"), is primarily involved in the business of overseas agency for Korean artists venturing into the overseas market. The P Factory is an innovative marketing solutions provider specializing in event and branded content production. PMG is a talent management agency which represents and manages the careers of major artists in film, television, commercial endorsements, and branded entertainment.

For more details, do visit http://www.spackmanentertainmentgroup.com/

This press release has been prepared by the Company and its contents have been reviewed by the Company's sponsor, RHT Capital Pte. Ltd. (the "Sponsor"), for compliance with the Singapore Exchange Securities Trading Limited (the "SGX-ST") Listing Manual Section B: Rules of Catalist. The Sponsor has not verified the contents of this press release.

This press release has not been examined or approved by the SGX-ST. The Sponsor and the SGX-ST assume no responsibility for the contents of this press release including the accuracy, completeness or correctness of any of the information, statements or opinions made or reports contained in this press release.

The contact person for the Sponsor is:
Name: Mr Mah How Soon, Registered Professional, RHT Capital Pte. Ltd.
Address: 9 Raffles Place #29-01, Republic Plaza Tower 1, Singapore 048619
Tel: 6381 6757

Investor & Media Contact
Spackman Entertainment Group Limited
Ms Jasmine Leong
Tel: +65 6694 4175
Email: jasmine.leong@spackmanentertainment.com

[1] Based on exchange rate of KRW1:USD0.0009


Apr 18, 2018 09:50 HKT/SGT
Topic: Press release summary

http://www.acnnewswire.com
From the Asia Corporate News Network


Copyright © 2018 ACN Newswire. All rights reserved. A division of Asia Corporate News Network.



Spackman Entertainment Group Limited
Aug 20, 2018 18:00 HKT/SGT
Up-And-Coming Korean Actress Han Ji-an of Spackman Entertainment Group's Wholly-Owned Subsidiary, Constellation Agency, Stars in New Korean Drama SO I MARRIED AN ANTI-FAN
Aug 17, 2018 18:20 HKT/SGT
Spackman Entertainment Group's Frame Pictures Secures Four Major Camera Equipment Deals for Korean Film GIRL COPS And Three Upcoming Korean Dramas: THE GREATEST DIVORCE, THE BEAUTY INSIDE, HUNDRED MILLION STARS FALLING FROM THE SKY
July 30, 2018 07:40 HKT/SGT
Korean Megastar Son Ye-jin Of Spackman Entertainment Group's Associated Company, Spackman Media Group, Voted As The Top Female Star In The First Half Of 2018
July 25, 2018 18:30 HKT/SGT
Top Korean Actress Bae Doona of Spackman Entertainment Group's Associated Company, Spackman Media Group, Set To Star In Upcoming K-Drama, THE GREATEST DIVORCE, To Air In October 2018
July 4, 2018 21:00 HKT/SGT
Lee Min-Jung Of MS Team, Wholly Owned By Spackman Entertainment Group's Associated Company Spackman Media Group, Headlines Romance Drama FATE AND FURIES To Air November 2018
July 3, 2018 13:30 HKT/SGT
Spackman Entertainment Group's Subsidiary, Novus Mediacorp, Owns Post-Theatrical Rights of Upcoming Comedy Film, ROSE OF BETRAYAL, Expected Release In Korea August 2018
June 26, 2018 12:40 HKT/SGT
Park Hyung-sik Of Spackman Entertainment Group's Associated Company Spackman Media Group, Signs Contract with Wish Interactive Technology For 3D Mobile Game, LOVE OF DESTINY: PALACE
June 19, 2018 17:30 HKT/SGT
Spackman Entertainment Group Associate Company Spackman Media Group's Bae Doona Stars In Netflix's Kingdom
June 12, 2018 13:00 HKT/SGT
Spackman Entertainment Group's Frame Pictures Wins Camera Equipment Deals For Korean Drama Series, LOVELY HORRIBLY, Starring RUNNING MAN's Song Ji-Hyo
June 8, 2018 13:00 HKT/SGT
Spackman Entertainment Group launches entry into drama production with TERIUS BEHIND ME, starring So Ji-sub
More news >>
 News Alerts
Copyright © 2018 ACN Newswire - Asia Corporate News Network
Home | About us | Services | Partners | Events | Login | Contact us | Privacy Policy | Terms of Use | RSS
US: +1 800 291 0906 | Beijing: +86 10 8405 3688 | Hong Kong: +852 2217 2912 | Singapore: +65 6304 8926 | Tokyo: +81 3 6721 7212

Connect With us: