"Oldboy" chosen as top 50 movies of the decade

Korean film "Oldboy" has been selected as one the top 50 movies of the decade by U.S. magazine Time Out New York (TONY).

"Oldboy", directed by Park Chan-wook, was ranked at No. 27 on the top 50 list by TONY. The top three movies on the list were "Mulholland Drive" (2001, directed by David Lynch), "There Will Be Blood" (2007, Paul Thomas Anderson) and "Eternal Sunshine of the Spotless Mind" (2004, Michel Gondry)

The Korean film has received high praises from critics since its release in 2003 and won the Grand Prix at the 2004 Cannes Film Festival.

Hollywood filmmaker Steven Speilberg and actor Will Smith were planning a remake of the film, but the project has been cancelled because production company DreamWorks were unable to obtain the rights to the film.

"Oldboy", which stars Korean actor Choi Min-sik, is about a man who is locked in a hotel room for 15 years without knowing why. He plots revenge upon his release and finds himself trapped in conspiracy, violence and falling in love with an attractive young chef.