Spackman Entertainment acquires another Korean film production company for S$3.9m

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SINGAPORE (Oct 11): Spackman Entertainment also announced that it has entered into a sale and purchase agreement to acquire Studio Take, a Korean film production company, through the purchase of Take Pictures for a consideration of about S$3.93 million.

Take Pictures currently owns 100% of the equity interest in Studio Take, a development motion picture production company that has previously co-produced with the Zip Cinema, the group’s indirect wholly-owned subsidiary.

Take Pictures is founded by Song Dae-chan, a 15-year veteran movie producer... (Click here to read the full story.)