IFC Midnight is acquiring North American rights to The Taste of Money, director Im Sang-Soo’s Cannes competition entry.

IFC Midnight is acquiring North American rights to The Taste of Money, director Im Sang-Soo’s Cannes competition entry that had its world premiere at the festival last week.

Also written by Sang-Soo, the film stars Kim Kang-Woo, Baek Yoon-Sik, Youn Yuh-Jung and Kim Hyo-Jin in a story about Korea’s most priveleged family. Son Kwang-Ik and Kim Won-Kuk served as executive producers while Lee Nam-Hee and Seo Jung-Hun produced.

Jonathan Sehring, president of Sundance Selects/IFC Films, said: “No one makes films like director Im Sang-Soo. The Taste of Money is his most decadent and sensual film [and] also a smart commentary on the lives of the rich and famous. We are honored to continue our relationship with him after our release of The Housemaid.”

The deal was negotiated by Jeff Deutchman, director of acquisitions and productions for Sundance Selects/IFC Films with Erica Nam of Daisy & Cinergy Entertainment acting on behalf of the filmmakers.