KOFIC and Arirang TV sign MOU

The Korean Film Council (KOFIC) has signed a memorandum of understanding (MOU) with English-language broadcaster Arirang TV to cooperate on broadcasting Korean films abroad as well as producing film programs. The MOU was signed by KOFIC Chairman Kim Ui-suk and Arirang CEO Jie-Ae Sohn on Jan. 5 in Seoul.

The MOU states that KOFIC will endeavor to acquire overseas broadcasting rights to Korean films to supply to Arirang TV and that the broadcaster will then program the films actively. KOFIC will also cooperate on overseas events held by Arirang.

KOFIC will also support Arirang's production of film-related programs, while the broadcaster will make it possible for KOFIC to use these programs in its promotion of Korean films abroad.

In addition, the two organizations agreed to cooperate to help promote Korean film production and distribution.

By broadcasting and introducing Korean films abroad, KOFIC and Arirang TV expect the new MOU to greatly contribute to the launching and promotion of Korean films globally.

KOFIC Chairman Kim Ui-suk said, "Today is a very meaningful day in that Korean films have out on wings to fly overseas. Let's cooperate steadfastly until Korean films are number one in the world".

Arirang TV CEO Jie-Ae Sohn returned, "We are happy to be able to work together with KOFIC, dedicated to the development of Korean films, to launch Korean films abroad. Let's keep strengthening our two organizations' cooperation".