NewsLetter DailyWeekly
My HanCinema | Sign up, Why ? Your E-mail   Password    Auto| Help
HanCinema :: The Korean Movie and Drama Database, discover the South Korean cinema and drama diversity Contact HanCinema HanCinema on TwitterFaceBook HanCinema PageHanCinema on Twitter

Ministry to Set Up 123Bln Won Global Content Fund

2011/11/14 | 370 views | Permalink | Source

The Ministry of Culture, Sports and Tourism will set up a 123-billion-won fund to boost domestic entertainment and content companies' production capabilities and to help the companies advance into the global market.

The fund will be jointly financed by domestic and foreign companies, including South Korean entertainment firm CJ E&M and U.S. movie producer Route One Films. Route One Films will invest 20 billion won.

Investments from the global content fund will be geared towards overseas projects in which domestic companies are participating or in domestic projects targeting the global market.

Reported by KBS WORLD Radio

Attention You're reading the news with potential spoilers, make them spoiler free, dismiss



 Previous news

Subscribe to HanCinema Pure to remove ads from the website (not for episode and movie videos) for US$0.99 monthly or US$7.99 yearly (you can cancel anytime). The first step is to be a member, please click here : Sign up, then a subscribe button will show up.


Remove ads

Sign up




Visible, hide

Learn to read Korean in 90 minutes or less using visual associations