[HanCinema's News] JTBC Making Aggressive Moves in Production
By William Schwartz | Published on
Following the conclusion of new deals with CJ ENM and Netflix, jTBC, or more specifically the JTBC Contents Hub, has been making major moves in production.
Advertisement
JTBC has acquired BA Entertainment and Perfect Storm Film on December 30th and are currently in the process of negotiating financing for new projects which will likely have improved distribution thanks to increased cooperation between the three companies.
BA Entertainment was purchased for approximately 22 million dollars. The studio is behind such movies as "Tunnel", "Forgotten", and "Tazza: One-Eyed Jacks". They also made "Beasts Clawing at Straws", which is expected to release in February, and "Daughter", which is expected to be released in March. The acquisition of Perfect Storm Film by contrast was accomplished for around 15 million dollars. The studio is best known for "Take Point" and "Ashfall".
Written by William Schwartz
HanCinema needs your immediate support 🙏
• It's currently impossible to keep HanCinema running as it is with advertising only • Please subscribe and enjoy ad-free browsing
7 days free then US$1.99 a month (No streaming included)
William Schwartz
Staff writer. Has been writing articles for HanCinema since 2012, having lived in South Korea from 2011 to 2021. He is currently located in the Southern Illinois. William Schwartz can be contacted via william@hancinema.net, and is open to requests for content in future articles.