South Korean television-drama producer Spackman Entertainment and Singapore-based Mediacorp have signed a memorandum of understanding to co-produce a 20-episode romantic drama, the two companies said Tuesday.
The drama series, tentatively titled “Equity of Love,” will be set in Singapore’s luxury hospitality backdrop, the statement filed to SGX said.
It’s the companies’ first collaboration.
Doreen Neo, chief content officer at Mediacorp, said the two companies would produce a drama aimed at audiences in both South Korea and Singapore.
“This partnership is also a statement that Mediacorp is open for business. We are actively seeking partners for co-productions and other collaborations,” she said in the statement.
John Ko, CEO of Spackman Entertainment, said the project marked the start of his company’s efforts to add non-Korean content production as a new growth segment.
“Equity of Love” is set to begin production this year, with broadcast expected in the second half of 2020, the statement said.
“Viewers will be serenaded with both Korean and Mandarin soundtracks specially composed for the series,” the companies said.
Mediacorp said it has previously collaborated with Hong Kong’s ViuTV and with Taiwanese production house Eightgeman and Taiwan Television Enterprise.