Busan International Film Festival to Provide Exchange Bases for International Film Co-Production

This year, the​ Busan International Film Festival ⁢(BIFF) Asia‍ Contents Film Market‌ (ACFM) will​ provide various exchange ⁣bases for international film co-production.

The ACFM ‘Producer Hub’, ⁤which is being ‍held for the ‍first time ⁣this year, selects a ‘Country of the Year’ every ‍year and introduces the country’s co-production experience, and this time, Korea was selected.

The Korean Film‌ Council (KOFIC) and the​ BIFF Organizing Committee announced that the ⁤two organizations, KOFIC and BIFF ACFM, recently signed a business agreement to co-host the ‘ACFM Producer Hub’.

The Producer Hub Program will be held at BEXCO Exhibition Center‌ 2 in Haeundae-gu, Busan from the 5th to the 7th of⁤ next month, the same time as this year’s BIFF.

The event will feature seminars‍ providing practical information on international film co-production case⁣ studies, locations, film funds, etc., as well as various side events for networking among⁢ filmmakers from each country.

A KOFIC⁢ official explained, “We plan to use⁤ this event as a springboard to support ⁤the successful overseas expansion of Korean films by cooperating with​ film‌ organizations in various countries, such as Saudi ​Arabia and the Berlin‌ International Film Festival co-production market, which‌ are ⁤experiencing rapid growth in ⁣the ⁣film‍ industry.”

The KOFIC is co-hosting this event as part of the ‘KO-PICK Showcase’ ​project, which ⁢was​ first introduced ‍this year to support ⁣the global advancement of Korean‌ film intellectual property (IP) and filmmakers.

Han Sang-jun, chairman of the Korean ⁣Film Council, ⁢said, “It is time for ⁢a more‌ advanced and‍ differentiated global⁢ market entry strategy that matches the ⁢elevated status of Korean films,” and added, “I hope that the producer hub we are opening with ​ACFM will become a venue​ for exchanges to help Korean films advance into the global market.”