CJ Entertainment is going to co-produce, finance and distribute the $13.4 million film.
Presently shooting in Los Angeles, the script was written by the director and later revised by Alec Sokolow and Joel Cohen.
Story follows a mafia boss who trains his mentally impaired son Younggu to be his successor. Shim will play the part of Younggu. This is a popular comedy character he created for TV during the 1980s.
The Last Godfather is going to be released at the end of this year.
The Last Godfather was released April 1st, 2011 and stars Harvey Keitel, Jason Mewes, Blake Clark, Jon Polito, Michael Rispoli, Jocelin Donahue, Logan Shea, John Pinette. The film is directed by Hyung-rae Shim.