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Hollywood Producer to Set Up First Ever Asian Studio in Korea

Hollywood Producer to Set Up First Ever Asian Studio in Korea

SEOUL, Jan. 29 (Korea Bizwire) — Hollywood’s visual effects house Hydraulx will advance into Korea’s film making industry by setting up its branch office in Korea. Its advancement into Korea will be implemented in the form of an equity swap with its Korean counterpart Valuestone. To this end, the two signed a letter of intent (LoI) [...]

“Frozen” to Compete with “Avatar” in Korea

“Frozen” to Compete with “Avatar” in Korea

SEOUL, Korea, Feb 18 (Korea Bizwire) – Disney animation “Frozen” continues its box office hit in Korea marking 9 million viewers. Not only mentioning it has most viewers among animations, the only foreign film attracted more viewers than “Frozen” in Korea is “Avatar,” which drew some 13.3 million moviegoers in 2009. According to the Korean Box [...]