Korea's southern port city of Busan this week is offering media content buyers and sellers from different parts of the globe a chance to trade as well as the opportunity to take in future trends in the global media industry.
Here's Kim Bumsoo .
Media content buyers and sellers from around the world are visiting Korea to trade their wares such as soap operas and TV shows at the Busan Contents Market 2008 in the southern port city of Busan.
With the theme of the convergence of media, the three-day long BCM offers glimpses of future trends in the market.
The international event is introducing Korean and other industry leader's cutting-edge technologies by bringing together broadcasting and communication, including Internet Protocol Television and Digital Multimedia Broadcasting.
Many international media organizations such as the British Broadcasting Company brought their most popular products in the unconventional format of Video on Demand for IPTV.
Several media providers and carriers have already agreed on joint projects across national boundaries through the BCM.
Korean and Japanese companies are scheduled to ink a deal for developing and distributing an animated TV series "TAO".
They are investing more than 14-billion won, roughly 14-million US dollars, in the project.
Some of the most recently broadcasted TV series from around the world are also up for sale waiting to be viewed in other countries.
BCM 2008 ends Friday.
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