{"id":594147,"date":"2023-10-13T11:35:39","date_gmt":"2023-10-13T08:35:39","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/busan-film-festivals-market-notches-record-attendance-despite-reduced-budget-headwinds\/"},"modified":"2023-10-13T11:35:39","modified_gmt":"2023-10-13T08:35:39","slug":"busan-film-festivals-market-notches-record-attendance-despite-reduced-budget-headwinds","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/busan-film-festivals-market-notches-record-attendance-despite-reduced-budget-headwinds\/","title":{"rendered":"#Busan Film Festival\u2019s Market Notches Record Attendance Despite Reduced Budget, Headwinds"},"content":{"rendered":"
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\n The Busan International Film Festival\u2019s Asian Contents and Film Market wrapp<\/a>ed up its 2023 edition with record attendance from over 2,479 industry representatives, according to organizers. <\/p>\n

\n Despite industry-wide headwinds, attendees from sales and licensing companies, buyers, producers and investors gathered in Busan in an expanded exhibition hall at BEXCO, the main venue, to trade content ranging from films and videos to such intellectual property (IP) as novels and digital comics.<\/p>\n

\n \u201cGiven the slow film market globally, I think many were eager to find new business opportunities and share information about the state of the market,\u201d said Hyung-rae Kim, the festival representative. \u201cThere were a lot of visitors from Indonesia this year. The exhibition hall was packed. Overall, it went smoothly. We\u2019re hoping to connect with other markets in Europe next year and set up new programs.\u201d<\/p>\n

\n The newly established Networking Lounge provided various networking opportunities, including the AFCNet Networking Reception, as well as the Happy Hour hosted by SPCINE, an audiovisual industry promotion organization from S\u00e3o Paulo, Brazil.<\/p>\n

\n A total of 271 companies from 23 countries, including 32 first-timers, set up their booths this year. The European Film Promotion (EFP), which has been participating since Busan\u2019s first Asian Film Market in 2006 and Unifrance have jointly opened the European Pavilion with 39 European film companies. Local heavyweights including CJ ENM, Lotte Entertainment and Showbox also participated, showcasing their latest K-content.<\/p>\n

\n The Asian Project Market (APM), which focuses on co-production and investment, hosted more than 1,826 meetings during the market period, according to organizers. Among the projects chosen for this year\u2019s APM were Rafael Manuel\u2019s Filipina<\/em>, Hirose Nanako\u2019s What\u2019s Love Got to Do with It?<\/em> and Jiang Xiaoxuan\u2019s To Kill a Mongolian Horse<\/em>.<\/p>\n

\n Busan Story Market, a key platform for crossover remakes in Asia, introduced 50 original IPs from across Asia this year. Through past markets, Secret<\/em>, a Taiwanese film directed by and starring Jay Chou, was made into a Korean remake of the same title. Another Taiwanese drama series<\/a>, Someday of One Day<\/em> (2019), is set to soon premiere on Netflix under the title A Time Called You<\/em>. In Japan, the Korean drama series Vincenzo<\/em> (2021) was remade into a musical, while director Bong Joon-ho\u2019s Oscar-winning Parasite<\/em> (2019) was made into a play.<\/p>\n

\n This year, Toyou\u2019s Dream, a webtoon-based production company, signed an agreement with Whynot Media<\/a> to turn the company\u2019s IP Real:Time:Love<\/em> into a webtoon and Toyou\u2019s Dream\u2019s The Romantic Merger<\/em> into \u201cvideo content.\u201d The two companies also agreed to co-produce Death Rider<\/em> as a webtoon and video.<\/p>\n

\n Expanded award categories\u00a0welcomed emerging filmmakers from across Asia. The newly-established LG OLED New Currents & Vision Award went to The Wrestler<\/em> by Iqbal H. Chowdhury (Bangladesh\/ Canada) and September 1923<\/em> by Mori Tatsuya (Japan).<\/p>\n

\n The Kim Jiseok Award, named after the festival\u2019s late programmer, went to Paradise<\/em> by Sri Lanka\u2019s Prasanna Vithanage and Bride Kidnapping<\/em> by Krygzstan\u2019s Mirlan Abdykalykov.<\/p>\n

\n The BIFF Mecenat Award went to Park Soo-nam and Park Maeui\u2019s The Voices of the Silenced<\/em>, a film that looks into the history of comfort women and Korean laborers forced to serve under the Japanese imperial army; and Republic<\/em> by Jin Jiang (Singapore\/ China) about the lives of young musicians.<\/p>\n

\n The NETPAC Award went to Thailand\u2019s Patiparn Boontarig who directed Solids by the Seashore<\/em>. The Sonje Award went to Mydear<\/em> a film about individuals with disabilities by the director Jeon Dohee and Kim Sohee and Weeks Later<\/em> by Iran\u2019s Nasrin Mohammadpour, addressing the reality and suffering of Iranian women.<\/p>\n

\n \u201cIt was moving to witness the vision, aesthetic inspirations and profound interest and passion for social issues through the eyes of 10 new directors in this year\u2019s selections for the New Currents section,\u201d said the jury led by a veteran Korean film critic Jung Sung-il. \u201cOur hearts were moved as we watched Solids by the Seashore<\/em>.\u201d<\/p>\n

\n Despite the internal feud caused by the allegations of sexual misconduct and nepotism surrounding the appointment of certain candidates in leadership positions, the festival expressed that the event had been successful overall.<\/p>\n

\n \u201cDespite the reduced budget, we were fortunate to accomplish a successful event thanks to the support of the audience, actor Song Kang-ho who served as the festival\u2019s host, and many directors who joined the festival,\u201d said Nam Dong-chul, the festival\u2019s interim director. \u201cPeople talk a lot about K-content, but there seems to be less conversation about how to create a better environment for the film industry. We are looking for a collaborative response.\u201d<\/p>\n<\/p><\/div>\n

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The Busan International Film Festival\u2019s Asian Contents and Film Market wrapped up its 2023 edition with record attendance from over 2,479 industry representatives, according to organizers. Despite industry-wide headwinds, attendees from sales and licensing companies, buyers, producers and investors gathered in Busan in an expanded exhibition hall at BEXCO, the main venue, to trade content…<\/p>\n","protected":false},"author":1,"featured_media":594148,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/www.hollywoodreporter.com\/wp-content\/uploads\/2018\/09\/sipaphotosthree762626-h_2018.jpg?w=1024","fifu_image_alt":"","footnotes":""},"categories":[17],"tags":[25196,124783],"class_list":["post-594147","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-social-mediaa","tag-asia","tag-international"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/594147","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=594147"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/594147\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/594148"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=594147"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=594147"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=594147"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}