ID :
84554
Thu, 10/15/2009 - 08:49
Auther :

Film market rings up US$2 million worth of movie sales

By Shin Hae-in

SEOUL, Oct. 15 (Yonhap) -- Twenty-three films including South Korea's "Deathbell" and "Old Partner" were sold during a four-day film market in South Korea, adding up to sales of approximately US$2 million, the event's organizers said Thursday.

The Asian Film Market, held while the Pusan International Film Festival (PIFF)
was under way, has been growing into a key marketplace for the film business
since it started in 2006. This year's market drew 74 participating companies, the
organizers said.
Among 43 films screened during the market, 23 from Japan, South Korea, Taiwan,
Germany and Vietnam were sold to overseas firms.
Seoul's Indiestory sold its documentary "Old Partner" to Taiwan while Mirovision
sold ???Deathbell??? to Thailand, Japan and France. Germany's "Tricks" was sold
to Japan, and Japan's "Bare Essence of Life" was sold to Korea.
During the Oct. 11-15 event, Korea's CJ Entertainment and Japan's T-Joy also
announced the launching of a joint venture and will soon announce their
co-project.
The Pusan Promotion Plan (PPP), a pre-market venue where promising filmmakers and
producers meet with potential co-producers and financiers, drew 30 projects with
some 500 meetings held this year. Established in 1999, the PPP has been
connecting young and little-known directors to funding sources from in and out of
Asia.
The Pusan Award, for which the South Korean port city provides $20,000 to a
selected PPP project, went to Japanese director Aoyama Shinji's "Decadent
Sisters."
Market organizers said they will launch an online market screening system and
establish a joint producers' workshop with the European Audiovisual Entrepreneurs
(EAVE) next year.
The 14th Pusan International Film Festival, which uses the old Romanization of
the southeastern city Busan's name, opened Oct. 8 and runs through Friday,
featuring 355 films from 70 countries as the largest of the annual event to date.

"The Message," a lavish period spy flick about communists fighting against
Japanese invaders, will close the event. Co-directed by Chen Kuofu and Gao
Qunshu, the movie is one of the most impressive Chinese films of the year,
organizers said.
hayney@yna.co.kr
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