Warner Bros. Strikes Deal With ‘Parasite’ Producer CJ to Develop English and Korean Language Remakes
variety.comRebecca Rubin Senior Film and Media Reporter Warner Bros. Motion Picture Group has struck a deal with CJ ENM, the backers of Bong Joon Ho’s Oscar-winning “Parasite” and Celine Song’s acclaimed “Past Lives,” to develop, finance and distribute English-language and Korean-language remakes of each studio’s films.
Through the new agreement, Warner Bros. Motion Picture Group will take the lead on English-language remakes of CJ ENM’s library, while CJ ENM will spearhead Korean-language adaptations of Warner Bros.
films. Each studio will be responsible for the development and productive of their respective remakes, though the other company will provide input on creative decisions like the project’s writer, director, producer, cast and budget.
Warner Bros. Pictures will serve as distributor globally on all films, with the exception of CJ ENM handling the rollout of its remakes in South Korea, Vietnam, Indonesia and Turkey. “Miky Lee, CJ vice chairwoman, and the team at CJ ENM have built an enviable slate of films over its history to become a powerhouse producer of Korean cinema, with films that resonate with audiences across the globe,” said Warner Bros.
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