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Spackman in discussions to acquire Korean film production company

Michelle Zhu Published on Mon, Aug 14, 2017 / 8:11 AM GMT+8

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SINGAPORE (Aug 14): Spackman Entertainment Group has entered into a memorandum of understanding (MoU) for the proposed acquisition of 100% of the total voting shares in the company with full ownership of Take Pictures, a motion picture production company based in Korea and founded by movie producer Song Dae-Chan.

Take Pictures has developed and owns film projects including The Priests 2, a co-production with Spackman’s indirect wholly-owned subsidiary Zip Cinema.

Song, who is currently the founder and CEO of Take Pictures, previously spent 13 years working alongside Zip Cinema CEO, Eugene Lee.

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Spackman in discussions to acquire Korean film production company