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Pusan's Asian Cinema Fund Selects 25

2009/08/10 | 540 views |  | Permalink | Source

The Pusan International Film Festival's organizing committee has announced the selection of 25 projects for its Asian Cinema Fund (ACF) 2009. Under three categories, Script Development, Post-Production, and Asian Network of Documentary(AND), ACF will support 10 Korean and 15 Asian projects.

ACF also announced the launch of 2 new funds which take effect in 2010. The first is the Overseas Korean Project Fund which is designed to assist Korean filmmakers residing abroad. KO Young-jae, CEO of Studio Nurimbo, which produced the hit documentary "Our School", initiated the fund. A total of US $83,000 will be made available.

Also added from next year is the AND Distribution Support fund, created by Lee Chung-ryoul, the star director of "Old Partner". His endowment of $83,000 will be used to to provide distribution aid to 1 Korean film and also to support acquisition of local distribution rights for 2 Asian films.

Among the notable Korean directors selected this year for ACF support are Yoon Seong-ho, dubbed a "next generation director" for his acclaimed debut comedy-drama "Milky Way Liberation Front", and Baek Seung-bin, winner of the PIFF NETPAC Award 2008 for his feature debut "Members of the Funeral".

Nigel D'Sa (KOFIC)

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