North Korea Singapore Entertainment film country Oscar North Korea Singapore

Spackman Receives Takeover Approach for Korean Producer Zip Cinema

Reading now: 328
variety.com

Patrick Frater Asia Bureau ChiefSpackman Entertainment, a company listed in Singapore with a collection of Korean-themed investments, said that it has received a takeover offer for its Zip Cinema subsidiary, one of Korea’s leading independent production companies.In a regulatory filing, Spackman said that a non-binding letter of intent was delivered by Charm Accounting Corporation.

Charm in turn is acting on behalf of an undisclosed “content production company listed in Korea.” It is not clear whether Zip’s management supports the bid.Zip Cinema has previously produced hit films including 2014’s “My Brilliant Life,” 2015’s “The Priests” and 2018’s “Golden Slumber.” It was also a minority investor in Bong Joon-ho’s original “Snowpiercer”.

Read more on variety.com
The website celebsbar.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.

Related News

DMCA