Asian Film Finance: Korea opportunities
Now the local bubble has burst, Korean funds are starting to invest in foreign films. JEAN NOH reportsIn the late 1990s, South Korea's government came to the realisation that it takes a comparatively vast number of Hyundai car exports to equal the profits of a single Hollywood hit. Economic motivation to create employment, coupled with a cultural policy to develop national cinema, spurred the government to create several film funds ...
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