Korean mini-major Mirovision has taken an important step towards expansion of its distribution division thanks to an output deal sealed with United Artists.
The unusual deal is expected to see four to five pictures per year handled by Mirovision and start with Nicholas Nickleby, Assassination Tango, Pictures Of April and Saved.
Although in most international territories United Artists titles are usually distributed alongside those of its corporate parent, MGM, in Korea most were handled through UIP. MGM titles in Korea are currently handled through Fox.
'This is not just about the ongoing flux at UIP Korea,' said Mirovision chief Jason Chae, 'United Artists were very interested in tapping into our local knowledge of the distribution and exhibition sectors in Korea.'
The deal sees Mirovision earn distribution and marketing fees. P&a will be financed on a case by case basis. The deal was signed by Chae and Paul Hudson, international distribution and marketing vice president at MGM. It was brokered by Christine Iso.