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• Spackman Entertainment Groups Upcoming Film, DEFAULT, Starring Yoo Ah-in of Spackman Media Group, Ranks#1 in Ticket Reservations Prior to Opening Day on 28 November 2018

Kamis, 29 November 2018 06:43:00

Spackman Entertainment Groups Upcoming Film, DEFAULT, Starring Yoo Ah-in of Spackman Media Group, Ranks#1 in Ticket Reservations Prior to Opening Day on 28 November 2018

Group's financial thriller film, DEFAULT, starring Yoo Ah-in of Spackman Media Group, Kim Hye-soo, Heo Jun-ho, Jo Woo-jin and French actor Vincent Cassel, achieved #1 in advance ticket bookings

DEFAULT is set to screen in Korea today, 28 November 2018

The film has been presold to 17 countries including Canada, Italy, Japan, China (Hong Kong & Macau), Taiwan, Singapore, Indonesia, Malaysia, Brunei, the Philippines and the United States

SINGAPORE - RIAUONE.COM - 28 November 2018 - 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 founded by financier Charles Spackman, wishes to announce that the Group's upcoming film, DEFAULT, produced by the Company's indirect wholly-owned subsidiary, Zip Cinema Co., Ltd. ("Zip Cinema"), ranked #1 in ticket reservations as of 27 November 2018, prior to its scheduled opening day on 28 November 2018.

Based on the latest statistics from the Korean Film Council, the market share of advance booking of tickets for DEFAULT stood at 35.1% with a total 125,652 tickets reserved, the highest amongst all other films for 27 November 2018. According to an article on popular Korean online platform Naver, the film was the top Korean film for advance ticket reservations in the afternoon of 27 November 2018. BOHEMIAN RHAPSODY took the second place. The booking sales of DEFAULT was recorded as KRW786.9 million (or US$ 0.7 million) as of 27 November 2018.

In addition to being the producer of DEFAULT, the Group invested 10% of the film's total production budget. The estimated total production budget for DEFAULT, including prints and advertising costs, is approximately KRW 9.7 billion (or USD 8.6 million).

CJ Entertainment is the overseas distributor of DEFAULT. Clover Films Pte. Ltd., a Singapore-based film distributor, purchased the theatrical distribution rights in Hong Kong, Macau, Singapore and Taiwan.

Starring Korean superstar Yoo Ah-in of the Group's associated company, Spackman Media Group Limited, veteran actress Kim Hye-soo, Heo Jun-ho, Jo Woo-jin and French actor Vincent Cassel, DEFAULT depicts the behind-the-scenes story of the tumultuous week leading up to the rescue package agreed upon between the International Monetary Fund ("IMF") and the Republic of Korea to prevent bankruptcy during the 1997 Asian Financial Crisis.

In DEFAULT, Yoo Ah-in plays a mega investor betting against the country's fortunes. Kim Hye-Soo acts as the leader of the monetary policy team at the Bank of Korea, and French actor Vincent Cassel takes on the role of the managing director of IMF. The film marks the first South Korean project of Vincent Cassel, who starred in French independent films LA HAINE and L'APPARTMENT, as well as Hollywood movies OCEAN'S TWELVE, OCEAN'S THIRTEEN and BLACK SWAN.

Directed by Choi Kook-hee, DEFAULT was previously screened at the 71st Cannes International Film Festival in May 2018. (roc/red/*) #for information on collaboration publications, questions and other e-mails riauonemedia@gmail.com.

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