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Top executives at Korea‘s CJ ENM announced that they will retain their annual content spend at 1 trillion won ($750M), while acknowledging that new business models are necessary to combat the industry’s economic headwinds.

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Busan Jury President Mohammad Rasoulof Says German Oscar Submission For ‘The Seed Of The Sacred Fig’ Should Give Other Filmmakers Hope

Mohammad Rasoulof, president of the New Currents jury at this year’s Busan International Film Festival, said that Germany’s selection of his latest work, The Seed Of The Sacred Fig, as this year’s Oscars submission should offer hope to other filmmakers working under strict censorship conditions.

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V Pictures, Launched By Vietnam Arm Of Korea’s CJ CGV, Makes Market Debut In Busan With ‘Face Off 7: One Wish’, Horror Hit ‘Ma Da’

EXCLUSIVE: V Pictures, a subsidiary of the Vietnamese arm of Korean exhibitor CJ CGV, is making a big push into international sales of Vietnamese movies here at Busan’s Asian Contents and Film Market (ACFM), with a slate including recent hits Face Off 7: One Wish and Ma Da: The Drowning Spirit.

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Busan Asian Filmmaker Of The Year Kiyoshi Kurosawa On Why He Remade ‘Serpent’s Path’, Casting Masaki Suda in ‘Cloud’ & Japan’s New Talent Wave

Japanese filmmaker Kiyoshi Kurosawa, this year’s Asian Filmmaker of the Year at Busan International Film Festival, talked about the two films he has playing here, as well as the recent wave of young talent emerging in Japan, during a press event on the second day of the festival.

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Myriad Pictures Enters Sales Of Korean Films With Heyday Productions’ Romantic Drama ‘Run To You’

EXCLUSIVE: Los Angeles-based sales and production company Myriad Pictures has picked up international rights to Korean romantic drama Run To You, directed by Lee Seunghoon, and will launch sales at the Asian Contents and Film Market (ACFM) during Busan film festival.

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Picture Tree Picks Up ‘Frieda’s Case,’ Directed by Oscar Nominee Maria Brendle, Ahead of Zurich World Premiere (EXCLUSIVE)

Leo Barraclough International Features Editor Berlin-based Picture Tree Intl. has acquired international sales rights for “Frieda’s Case” by Academy Award nominated director Maria Brendle. The film is set for its world premiere as a Gala Screening at the Zurich Film Festival on Oct.

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Netflix Korean Actioner ‘Uprising’ Sets Controversial Precedent as Busan Film Festival Opener: ‘We Still Support Independent Cinema’

Patrick Frater Asia Bureau Chief Programmers at the Busan International Film Festival have given their opening gala to an historical action thriller ‘Uprising” with an all-star Korean cast that hails not from a traditional Korean studio, but from Netflix the global streaming platform that has both disrupted and elevated the South Korean content industry. Selectors have brushed aside criticism that the choice of a film that will skip a theatrical release and be available online within a couple of weeks, is a troubling precedent. Instead, they have pointed out that the festival has long programmed TV series and also operates a content awards ceremony that is open to films, TV series and made-for-online content.

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Distribution Workshop Re-Launching ‘Sons of the Neon Night’ as Hong Kong’s Most Expensive Film

Patrick Frater Asia Bureau Chief Asian sales and production firm Distribution Workshop is using the Busan International Film Festival’s market to re-launch ambitious “Sons of the Neon Night,” a film it first became attached to in 2015. Only this time the Juno Mak-directed project is now in post-production, has a stellar cast and has expanded to become the highest-budget movie ever hatched in Hong Kong. “Sons of the Neon Night” is pitched as a high-octane yet highly-stylized, police-crime-action-thriller set in a deconstructed and reimagined Hong Kong.

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Cannes Prizewinner Vimukthi Jayasundara’s ‘Turtle’s Gaze on Spying Stars’ Commences Shoot (EXCLUSIVE)

Naman Ramachandran Sri Lankan auteur Vimukthi Jayasundara, whose “The Forsaken Land” (2005) won the Camera d’Or at Cannes, has started principal photography on his next film “Turtle’s Gaze on Spying Stars.” One of the producers on the film is India’s Nila Madhab Panda, with whom Jayasundara collaborated to produce Nidhi Saxena’s “Sad Letters of an Imaginary Woman,” which is world premiering this week at the Busan International Film Festival. “Turtle’s Gaze on Spying Stars,” is currently shooting in and around the hills of central Sri Lanka. It is set in a future ravaged by a mysterious pandemic caused by the over-dependence of mankind on technology.

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Distribution Workshop To Launch Sales On Juno Mak’s ‘Sons Of The Neon Night’ At ACFM

Taiwan-based sales agent Distribution Workshop is launching pre-sales on Juno Mak’s long-gestating Sons Of The Neon Night at the upcoming Asian Contents and Film Market (ACFM) during Busan International Film Festival.

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Busan New Currents Title ‘Tale of the Land’ Unveils Trailer (EXCLUSIVE)

Naman Ramachandran Indonesia‘s KawanKawan Media has unveiled the trailer for “Tale of the Land,” the directorial debut of Loeloe Hendra, which has been selected for the New Currents competition at the 2024 Busan International Film Festival. The film, set on the island of Borneo, is described as a coming-of-age journey inspired by indigenous communities grappling with land conflict, with elements of fantasy. “Tale of the Land” centers on May, a Dayak girl traumatized by her parents’ death in a land conflict, leaving her unable to set foot on land.

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Busan International Film Festival Readies Strong, Business-Oriented Edition, Despite Budget & Management Woes

These are not easy times for film festivals, with many of the world’s largest buffeted by political and financial headwinds, and South Korea’s highly-regarded Busan International Film Festival (BIFF) has not been immune to the current instability.

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Korea’s Barunson E&A Boards Indonesian Horror ‘Sorop’, Based On Viral Twitter Thread

Korean production and sales powerhouse Barunson E&A is investing in and taking on international sales for upcoming Indonesian horror Sorop, produced by MD Pictures, and will launch the film in Busan’s Asian Contents & Film Market (ACFM) next week.

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Audiovisual From Spain Unveils Ambitious Campaign, Star-Studded Meta Short Film to Promote Spanish Talent Abroad

Jamie Lang Audiovisual from Spain, operated by Spanish governmental export and investment org ICEX, hosted a short film screening, roundtable discussion and cocktail party at the San Sebastian Festival on Tuesday evening to promote its new screen industry promotion campaign: Spain, Where Talent Ignites. At the city’s historic Tabakalera culture center, ICEX CEO Elisa Carbonell explained, “This campaign aims to help build an image associated with the country related to transversality, diversity and the richness of its creativity.

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Busan Premiere Indian Doc ‘A Fly on the Wall’ Examines Assisted Death and Friendship, Teaser Unveiled (EXCLUSIVE)

Naman Ramachandran Indian documentary “A Fly on the Wall,” directed by Nilesh Maniyar and Shonali Bose, is set to make its world premiere in the Wide Angle Documentary competition at the Busan International Film Festival. A teaser has been unveiled. The film follows the final days of Chika Kapadia, given four months to live, who has chosen to end his life through physician-assisted suicide at Dignitas in Switzerland.

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Busan Premiere ‘Sad Letters of an Imaginary Woman,’ Indian Drama Exploring Memory and Trauma, Unveils Trailer (EXCLUSIVE)

Naman Ramachandran Indian filmmaker Nidhi Saxena’s directorial debut “Sad Letters of an Imaginary Woman” has unveiled a first trailer and poster ahead of its world premiere at the 29th Busan International Film Festival this October. The film will screen in the “A Window on Asian Cinema” section. The trailer offers a glimpse into a poignant world where memory and reality intertwine.

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‘Solo Leveling – ReAwakening’ Sets Theatrical Releases – Global Bulletin

Patrick Frater Asia Bureau Chief Sony-owned anime company Crunchyroll has acquired North American and select international theatrical rights for “Solo Leveling – ReAwakening.” The presentation represents a recap of the “Solo Leveling” anime series’ hit first season and a sneak peek of the first two episodes of the second season. Crunchyroll and Sony Pictures Entertainment will bring “Solo Leveling -ReAwakening” to theaters in the U.S. and Canada on Dec.

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Venice Competition Title ‘Love’ Sells to Further European Territories (EXCLUSIVE)

Leo Barraclough International Features Editor Norwegian director Dag Johan Haugerud’s “Love,” which premiered in Venice competition, and received the film critics’ prize Bisato d’Oro, has sold to additional European territories. The film will screen in Busan’s World Cinema strand next month.

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Taapsee Pannu, Kanika Dhillon Team Again for Netflix Original Action-Thriller Film ‘Gandhari,’ ‘Joram’ Filmmaker Devashish Makhija to Direct (EXCLUSIVE)

Naman Ramachandran Indian film star Taapsee Pannu and writer-producer Kanika Dhillon are teaming again with Netflix original action-thriller film “Gandhari.” Acclaimed filmmaker Devashish Makhija, whose last film “Joram” played several festivals including Rotterdam, Sydney, Busan, Durban and Mumbai, will direct. “‘Gandhari’ promises a riveting storyline filled with relentless determination and intense personal stakes, set against the backdrop of gripping mystery and high-powered action.

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TIFF’s Platform Title ‘Mr. K,’ Starring Crispin Glover, Sells in Key Territories for LevelK (EXCLUSIVE)

Elsa Keslassy International Correspondent International sales outfit LevelK has secured deals for “Mr. K,” Tallullah H. Schwab‘s surreal drama which world premiered at the Toronto International Film Festival in the competitive Platform section.

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Aruna Vasudev, Asian Cinema Stalwart, Dies Aged 88

Aruna Vasudev, a champion of Asian cinema and Network for the Promotion of Asian Cinema (NETPAC) founder, passed away on September 5 at the age of 88.

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