Warner Bros. and Parasite Distributor Make Deal for English & Korean Remakes

Forum 2 weeks ago

Warner Bros. and Parasite Distributor Make Deal for English & Korean Remakes

Warner Bros. Motion Picture Group has struck an exciting new deal with CJ ENM.

CJ ENM Films & Television, formerly known as CJ Entertainment, is a South Korean entertainment, film production, and distribution company. The company has worked on a number of Bong Joon-ho’s movies, including 2013’s Snowpiercer and 2019’s Parasite, along with 2022’s Decision to Leave and more.

Per Variety, Warner Bros. and CJ ENM have struck a deal to make English-language and Korean-language remakes of each studio’s films. This means that Warner Bros. Motion Picture Group will have access to make English-language remakes of CJ ENM’s library and CJ ENM can make Korean-language versions of Warner Bros. movies.

What else do we know about the Warner Bros. and CJ ENM deal?

“Each studio will be responsible for the development and productive of their respective remakes, though the other company will provide input on creative decisions like the project’s writer, director, producer, cast, and budget,” Variety’s article notes. “Warner Bros. Pictures will serve as distributor globally on all films, with the exception of CJ ENM handling the rollout of its remakes in South Korea, Vietnam, Indonesia and Turkey.”

Warner Bros. CEOs Michael De Luca and Pam Abdy said in a statement, “Miky Lee, CJ vice chairwoman, and the team at CJ ENM have built an enviable slate of films over its history to become a powerhouse producer of Korean cinema, with films that resonate with audiences across the globe. We are excited to have the opportunity to work with CJ ENM as we look to expand [our studio’s] movie offerings around the world.”

CJ ENM’s Jerry Kyoungboum Ko added, “Warner Bros. is home to a legendary library that bridges Hollywood of past and present and is steeped in excellence. Warner Bros. and CJ have built extensive libraries across North America and Asia, each in their unique way. This collaboration allows us to uncover and revitalize hidden gems, bringing inspiring stories to today’s audiences. It’s a wonderful privilege to be partnered with an iconic brand that boldly continues to evolve, create and champion storytelling at the highest level.”

No projects that have come out of the deal have been officially announced at this time.