Initially JUNG Hoon-tack ran a big management company, [SidusHQ], before entering the film production and distribution business and exercising strong influence over the entire industry. When some of the [SidusHQ]-managed actors, including [Gianna JUN], [JUNG Woo-sung], and [JANG Hyuk], gained popularity, the company merged with An [Uno Films Production] of [TCHA Sung-jai]. He then spun off [SidusHQ] and set up an affiliated production company, [iFilm]. Based on the star...
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Initially JUNG Hoon-tack ran a big management company, [SidusHQ], before entering the film production and distribution business and exercising strong influence over the entire industry. When some of the [SidusHQ]-managed actors, including [Gianna JUN], [JUNG Woo-sung], and [JANG Hyuk], gained popularity, the company merged with An [Uno Films Production] of [TCHA Sung-jai]. He then spun off [SidusHQ] and set up an affiliated production company, [iFilm]. Based on the star power of his company, he produced many films, including Hypnotized and Sad Movie, on his own. He created a conflict with [Korean Film Producers Association] because he asked for joint production credit and equity stake in return for letting his actors appear in films produced by other companies. He developed [Gianna JUN]s career as a Korean wave star, induced investment from [Bill Kong], the CEO of [Edko Films] in Hong Kong for the production of Windstruck, had [Gianna JUN] appear in the multinational joint film Blood, and produced the Korea-Hong Kong joint film Daisy directed by [Andrew LAU]. After merging with [iHQ], he listed his company to the stock exchange and caused a sensation when the No. 1 telecom company [SK Telecom] took [iHQ] as a subsidiary. He produced a thriller, in 2010 and became the largest shareholder of [iHQ] by buying back the stake from [SK Telecom].
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