Warner Bros. Motion Pictures Group and CJ ENM have unveiled a deal to jointly develop, finance and distribute English-language and Korean-language feature remakes of each studio's films. The new agreement will see Warner Bros.

Warner Bros. Motion Picture Group has struck a deal with CJ ENM, the backers of Bong Joon Ho’s Oscar-winning “Parasite” and Celine Song’s acclaimed “Past Lives,” to develop, finance and distribute English-language and Korean-language remakes of each studio’s films.

The American studio and Korean giant will co-develop, co-finance, and distribute movies made in both English and Korean.

Warner Bros. Motion Pictures Group and CJ ENM have signed a new agreement to co-develop, co-finance, and distribute English-language and Korean-language feature film remakes of each studio's films. Through this new pact,