[Public Notice+] Microtech Signs 10.2 Billion KRW Supply Contract for 'Bimil-ui Sup 2'... "172% of Last Year's Sales"

[Asia Economy Reporter Hyunseok Yoo] Microtech announced on the 10th that it has signed a supply contract worth 10.169 billion KRW with Studio Dragon for the tvN drama 'Secret Forest 2'. This amount corresponds to 172.25% of its recent sales revenue.

In November last year, Microtech acquired 100% of the shares of drama production company Ace Factory and plans to complete the absorption merger on the 11th. The previous work, 'Secret Forest', starring Jo Seung-woo and Bae Doona, depicted a prosecutor-sponsored murder case and the hidden truth behind it. It was supplied to the global OTT (online video service) Netflix. In 2017, it was the only Korean drama selected in The New York Times' 'Top 10 International Dramas'.

The 16-episode 'Secret Forest 2' features the main actors from the previous work, including Jo Seung-woo, Bae Doona, and Yoon Se-a. The script is once again written by Microtech-affiliated writer Lee Soo-yeon. The director is Park Hyun-seok, who directed the dramas 'Princess's Man' and 'Uncontrollably Fond'.

Microtech plans to be recognized as a well-made drama production company with 'Secret Forest 2'. JTBC's 'If the Weather Is Good, I Will Find You', scheduled to air on the 24th, and 'Secret Forest 2', scheduled for broadcast in August, are expected to drive the first and second half-year performances respectively. Considering that 'Secret Forest' was supplied to Netflix, 'Secret Forest 2' is expected to be Microtech's first global entry work.

Ace Factory, merged by Microtech, is a drama production company established by personnel who separated from producing famous dramas such as SBS's 'Defendant' in 2017, tvN's 'Secret Forest', and JTBC's 'Life' in 2018. Last year, it produced the tvN drama 'Confession'. A Microtech official said, "Ace Factory is recognized as the most competitive independent outsourced drama production company excluding Studio Dragon-affiliated drama production companies." He added, "The content market is rapidly reorganizing into a market centered on content suppliers such as drama production companies," and "We will strive to be recognized as an entertainment company through additional lineup announcements."

This content was produced with the assistance of AI translation services.