Upscale Italian arthousedistributor Lucky Red has been on a buying spree in Cannes, snapping up rightsto three new titles. It has picked up Korean gangster drama A BittersweetLife from CJ Entertainment, Thaihorror hit Shutter from GMM ThaiHub and Carlos Reygadas' competition entry, Battle In Heaven from The Co-Production Office.

Just prior to the market,Lucky Red acquired Cannes opening film, Lemming.

Meanwhile, Lucky Red bossAndrea Occhipinti has confirmed that the company is in the process of settingup a genre label. The company recently acquired Key Films and its library andwill set up the new genre division under the "Key Films" label. The idea is tobuy some titles for theatrical and DVD and some for DVD alone. There will be astrong emphasis on Asian fare.

Lucky Red enjoyedsubstantial success with Old Boyand has already pre-bought Sympathy For Lady Vengence from CJ.

' Shutter has also been sold to A-Film for the Netherlands andCineLibre for Belgium.