Warner Bros. simply discovered a approach to make English-language variations of “Parasite” and “The Handmaiden.”
The Warner Bros. Movement Footage Group and Korean studio CJ ENM have entered an settlement to co-develop, co-finance, and distribute English-language and Korean-language function movie remakes of every studio’s movies. It’ll begin with Warner Bros. as a lead studio on an English-language remake of a CJ ENM movie, after which the reverse will occur. These first two titles to be remade from the studios’ respective libraries haven’t been introduced.
“Miky Lee, CJ Vice Chairwoman, and the workforce at CJ ENM have constructed an enviable slate of movies over its historical past to develop into a powerhouse producer of Korean cinema, with movies that resonate with audiences throughout the globe,” Warner Bros. Movement Image Group’s Co-Chairs and CEOs Michael De Luca and Pam Abdy stated in a press release shared with the press on Tuesday. “We’re excited to have the chance to work with CJ ENM as we glance to increase Warner Bros. Movement Image Group’s motion pictures choices around the globe.”
CJ ENM’s Head of Movie Enterprise Jerry Kyoungboum Ko returned the praise, saying, “Warner Bros. is dwelling to a legendary library that bridges Hollywood of previous and current and is steeped in excellence. Warner Bros. and CJ have constructed in depth libraries throughout North America and Asia, every of their distinctive method. This collaboration permits us to uncover and revitalize hidden gems, bringing inspiring tales to immediately’s audiences. It’s a beautiful privilege to be partnered with an iconic model that boldly continues to evolve, create and champion storytelling on the highest degree.”
Warner Bros. Footage and CJ ENM shall be chargeable for the event and manufacturing of their respective remakes, the businesses stated in a joint press launch, with every “offering significant enter on key inventive selections,” like every venture’s author, director, producer, and solid, in addition to “shared oversight of a movie’s price range.”
Will probably be Warner Bros. Footage to function international distributor of the movies, with the notable exception of South Korea, Vietnam, Indonesia, and Turkey on CJ ENM remakes. CJ ENM will deal with distribution into these markets itself.
CJ ENM is already working with Warner Bros. Footage’ sister firm HBO on an English-language collection remake of “Parasite” from Adam McKay. And CJ can be in growth on an English-language remake of one other considered one of its movies, “Save the Inexperienced Planet,” which Ari Aster is producing.
Warner Bros. Discovery, the father or mother firm to Warner Bros. Movement Footage Group and Warner Bros. Footage, has greater than 12,500 function movies in its library, the corporate stated. Along with “Parasite” and “The Handmaiden,” CJ ENM was behind Celine Tune’s debut “Previous Lives.”