Terence Chang and John Woo’s Lion Rock Productions has unveiled details of upcoming 3D fantasy epic LegendOf The Magic Bell, to be directed by renowned Korean TV director Kim Jonghak.

Renee Yuan, who is managed by Chang’s Stellar Entertainment, is set to star in the $30m film which Lion Rock is co-producing with Kimjonghak Production and Im Jang-dal’s Taiwan-based Tosoa Entertainment. The producers are also in talks with leading Korean actors. Golden Network Asia is handling international sales.

Guo Zheng, who worked with Chang and Woo on Red Cliff, is scripting the project which is scheduled to start shooting in early 2010 for delivery in 2011.

Based on a Chinese classic, the film tells the story of a warrior who falls in love with a beautiful demoness but is forced to transform her into stone in order to save humanity. Their paths cross again 5000 years later when the warrior has been reincarnated as a demon hunter.

Kim previously directed the top-rating fantasy TV series Legend which was broadcast across Asia. “I was very impressed with the high production values and ground-breaking visual style of Jonghak Kim’s TV series Legend,” said Chang.

Chang founded artist management company Stellar Entertainment last year with journalist David Tang and actress Michelle Yeoh. Tang is acting as executive producer on Magic Bell along with Taiwan’s Jimmy Huang.

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