By Dana Harris | Indiewire May 26, 2012 at 2:29PM
IFC Midnight is buying North American rights to Im Sang-Soo's provocative Cannes Film Festival competition title "The Taste of Money."
"The Taste of Money" goes inside a privileged Korean family in which a private male secretary is the subject of lust by his employer, a middle-aged heiress and wife of a rich conglomerate owner. Things become very complicated when the secretary falls in love with his boss' daughter, who would force him to choose between money and love.
"No one makes films like director Im Sang-Soo," said Sundance Selects/IFC Films president Jonathan Sehring in a statement. "'The Taste of Money'" is his most decadent and sensual film yet while 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 film stars Kim Kang-Woo, Baek Yoon-Sik, Youn Yuh-Jung and Kim Hyo-Jin. Son Kwang-Ik and Kim Won-Kuk served as executive producers while Lee Nam-Hee and Seo Jung-Hun produced. The film had its world premiere earlier in the week in competition at the Cannes Film Festival.
At Cannes, Sundance Selects/IFC Films also bought Ken Loach’s competition film "The Angel's Share" and Directors Fortnight entry "Sightseers." The company arrived at the festival with Walter Salles’ competition film "On the Road," Cristian Mungiu's competition film "Beyond the Hills," Un Certain Regard title "Gimme the Loot" and Rodney Ascher's Directors Fortnight film "Room 237."
The deal for the film was negotiated by Jeff Deutchman, director of acquisitions & productions for Sundance Selects/IFC Films with Erica Nam of Daisy & Cinergy Entertainment on behalf of the filmmakers.