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Ko - production in Busan
  • New NEW WORLD on the Way from Sony
  • by Pierce Conran /  Apr 12, 2013
  • Korean Gangster Film Tapped for US Remake
    Following a hugely positive critical reception at home and abroad, a terrific box office run (currently at 4.66 million admissions), and various festival selections and awards, the good news keeps coming for PARK Hoon-jung’s New World. Following a three-way bidding war, Sony Pictures has picked up the remake rights to PARK’s sophomore feature.
    Starring LEE Jung-jae, CHOI Min-shik and HWANG Jung-min, the film tells the story of a police mole in Korea’s top crime syndicate. As a battle for supremacy begins in the organization, his captain pressures him to stay undercover. After so long playing the same role, his loyalties begin to waver.
    Sony bought the rights in a deal that was reportedly in the mid six-figure range. The production company Vertigo Entertainment will handle the project with Roy LEE, Dan LIN and Jon SILK producing while John Powers MIDDLETON is on board as executive producer. Meanwhile Will FETTERS, who has been in demand lately, penning the new projects for actor-directors Clint EASTWOOD and Sean PENN, is set to write the remake. No director or cast are attached as of yet and there is also no official release date, though the film won’t come before 2014.
    This news follows a number of remake deals for Korean films that have been struck recently, including one for last year’s thriller Confession of Murder, a redo of KIM Jee-woon’s A Bittersweet Life (2005) from Albert HUGHES, and a new version of PARK Chan-wook’s Sympathy For Lady Vengeance (2005) starring Charlize THERON and scripted by William MONAGHAN, also behind Martin SCORSESE’s The Departed (2005), itself a remake of the HK thriller Infernal Affairs (2002).
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