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Asia Film Finance: Korea opportunities

Now the local bubble has burst, Korean funds are starting to invest in foreign films. JEAN NOH reportsInthe late 1990s, South Korea's government came to the realisation thatit takes a comparatively vast number of Hyundai car exports to equalthe profits of a single Hollywood hit. Economic motivation to createemployment, coupled with a cultural policy to develop national cinema,spurred the government to create several film funds ...

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