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China To Invest In South Korea!

Monday, October 12th, 2015
China To Invest In South Korea!
Alibaba Pictures of China is said to invest in the South Korean film “Real”, which has Kim Soo Hyun. They have signed a memorandum of agreement, at the 20th Busan International Film Festival. This deal will entitle the Chinese e-commerce giant “Alibaba”, the sole distribution rights in China. Alibaba group will be taking the essential steps to promote, “Real” in China, including advertising and licensing. Alibaba Pictures go global, through this deal. This is the second international deal doe Alibaba, after “Mission: Impossible—Rogue Nation”. The sources close to the Alibaba Pictures say that they are very confident in the Korean movie “Real”, which will create a new milestone.

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