Magazine article Variety

Spackman Ent. Buys Korea's Take Pictures

Magazine article Variety

Spackman Ent. Buys Korea's Take Pictures

Article excerpt

SPACKMAN ENTERTAINMENT Group, an international investment outfit with a taste for all things Korean, is set to buy Korean film production company Take Pictures (aka Studio Take). The company is headed by veteran producer Song Dae-chan.

Spackman is currently riding high. "The Outlaws," produced by Spackman's 51% owned subsidiary Novus Mediacorp, was at the top of the Korean box office on two of the three days at the Oct. 6-9 holiday weekend. After a week in release, it has grossed $17.5 million.

Song started work as an apprentice to director Kang Je-gyu and subsequently worked for 13 years with Eugene Lee, who heads another Spackman company in Korea, production house Zip Cinema. Take Pictures now has a slate of 10 thrillers and dramas, including "The Priests 2," a sequel to hit "Priest."

Spackman will pay some $2.95 million (S$3. …

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