Korean producer Little Big Pictures and foreign sales agent Contents Panda have agreed terms over the licensing of action thriller “Time to Hunt.” The agreement paves the way for the movie to have …
The two companies issued separate statements on Thursday afternoon. Little Big Pictures’ statement was a groveling apology to the sales agent, frustrated international distributors and audiences. Contents Panda’s notice announced that it had salvaged the reputation of the Korean industry, agreed compensation with distributors in 30 territories that it had licensed the film to, and withdrawn its injunction from the Korean courts.
The film was directed by Yoon Sung-hyun and tells a revenge tale of four no-hopers in a dystopian near future who pick the wrong target to rob. It pulls together a cast of rising star youngsters including Lee Je-hoon, Ahn Jae-hong, Choi Woo-shik, Park Jeong-min and Park Hae-soo. Its world premiere was as a special gala screening in February at the Berlin Film Festival.
Little Big Pictures and Contents Panda had earlier been discussing alternative release strategies, but Little Big Pictures’ late March announcement that it had completed an online deal caught the sales agent by surprise. Contents Panda sought and obtained an injunction from a Seoul court, causing Netflix to suspend playout.
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