[News] 091127 Tele Cinema Project, A New Business Model

Korea-Japan movie project Tele Cinema is presented as new shape of business model that is likely to have great settlement. Samhwa Networks project “Tele Cinema” is created by collaboration of Japan famous writer and Korea actors and directors whose movies and dramas are pulled into theaters and TV in both nations. Vice president Park said, “Currently Tele Cinema 7 has been obtaining results which is above expectation in 4 sides of local movie theaters. Tele Cinema produces movies that is in “short movie” scale and for TV, it’s categorized as “TV movie” segment. Out of 50,000 – 100,000 target audiences, ‘Heaven’s Postman’ starring Youngwoong Jaejoong and Han Hyo-joo is approaching 100.000, Lee Ji Ah’s ‘Love is Blind’ is exceeded 50,000, Big Bang’s TOP and Seung Ri who appeared together with In Jae-heo in ‘19-Nineteen’ are recording 30,000.” “Through the broadcasting circle and movie rights, we have already covered up 80% of initial production costs. This is somehow due to the simple movie structure we have thus it’s easier for us to achieve surplus.” Vice President Park continued, “Also, since One Source Multi-Use is going to publish the cartoons of Tele Cinema characters as additional content in the upcoming tour event soon, there’s even brighter earning outlook we’re achieving.” Vice President Park ended, “Ever since ‘Winter Sonata’ and ‘Yi San’, we never can get through Japanese TV prime time. However, with the Japanese top script writers we have as the base, in April next year, Tele Cinema will be getting good hours broadcast in TV Asahi.” source: heraldbiz.com trans: sharingyoochun@wordpress