Be With You Opens at #1BE WITH YOU, Headlined By Megastars Son Ye-jin And So Ji Sub Of Spackman Entertainment Group’s Associated Company, Spackman Media Group, Opens #1 At The Korean Box Office * BE WITH YOU , a Korean fantasy melodrama film, led the Korean box office on the first day of its release with total ticket admissions of 112,301 grossing US$805,500 in box office revenue as of 14 March 2018
* The Group is one of the major investors in the film, featuring Korean icons Son Ye-jin and So Ji Sub of Spackman Media Group and co-presented by MS Team and 51k, wholly-owned subsidiaries of Spackman Media Group
* Potential income is expected from a multitude of direct and indirect channels including investment return, artists fees, and co-presenting fees
SINGAPORE - Media OutReach - 15 March 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 created by founder Mr. Charles Spackman, wishes to announce that BE WITH YOU opened #1 at the Korean box office, with total ticket admissions of 112,301 and gross box office revenue of US$805,500 (or KRW 857 million), on the first day of its wide release on 14 March 2018.
The Group is one of the major investors in BE WITH YOU , which stars luminary actors Son Ye-jin and So Ji Sub of the Group's associated company, Spackman Media Group Limited ("Spackman Media Group" or "SMGL"). The film is co-presented by MS Team Entertainment Co., Ltd. ("MS Team") and Fiftyone K Inc. ("51K"), which are wholly-owned subsidiaries of SMGL.
Mr. Richard Lee, Interim Chief Executive Officer & Executive Director of Spackman Entertainment Group, said, "As there are potential benefits from multiple revenue streams in conjunction with Spackman Media Group, BE WITH YOU serves as an exemplary project that demonstrates the full execution of our multi-pronged approach to films. In deriving direct and indirect economic value from various sources including potential income from investment, artists fees, and co-presenting fees, BE WITH YOU is as important financially as one of our own in-house produced films."
According to the Korean Film Council, BE WITH YOU which was released on 987 screens, captured 34.6% of the nation's market share of box office revenue for that day.
The stars of BE WITH YOU , Son Ye-jin and So Ji Sub, are represented by MS Team and 51k respectively. In addition to representing Son Ye-Jin, MS Team also manages top actress, Lee Min-jung, and rising star, Wi Ha-jun.
The latest daily statistics from the Korean Film Council on the performance of BE WITH YOU will be updated on the Group's website at https://www.spackmanentertainment.com .
BE WITH YOU will be screened in Singapore on 19 April 2018. The official trailers and posters of BE WITH YOU can be viewed at https://www.spackmanentertainmentgroup.com/be-with-you.html .
The Korean fantasy melodrama film, directed by Lee Chang-hoon and distributed by Lotte Entertainment, relates the story of a woman who dies and leaves behind her son and husband. She then returns a year later, putting her fate on the line for the sake of her family. The movie also features veteran actor Ko Chang-seok of SECRETLY GREATLY (2013) and Kim Ji Jwan, a new talented child actor.
The Group has invested approximately US$450,000 (or KRW500 million) into BE WITH YOU, a Korean fantasy melodrama film based on a Japanese original novel of the same title, which sold over a million copies in 2004.
In line with the Group's objective to leverage its content and talent management platform, the collaboration with Spackman Media Group on BE WITH YOU underscores the Group's capability in participating and investing into the highest quality projects in the Korean entertainment sector.