![]() ![]() I hope that we can find an answer to accelerate the process as our systems and planning capabilities are combined.” “During our collaboration, we learned that Japanese film companies have been working hard to enter the global market. ![]() “If Korean companies managed to develop trendy and relatable IPs, and produced content recognized by the global market based on flexible manpower operation and a quick decision-making process, Japanese content is characterized by its culture of masters who can produce optimized results without losing solidity,” said Lee Jong-min, head of the CJ ENM IP Development Center. The story, which follows a female boxing champion becoming a substitute teacher, is currently in postproduction.ĬJ ENM and Japan’s Toei Animation disclosed the status of IP cooperation projects and discussed future business strategies to produce global content in an event titled “Cooperation Between Korea and Japan’s IP Business: It’s Harvest Time.” Toei, which was founded in 1956 with the goal of becoming Asia’s Disney, has produced scores of hit animations, including Galaxy Express 999, Dragon Ball and Slam Dunk. Veteran sales outfit Finecut acquired international rights to Brave Citizen (working title), an adaptation of a web comic that was produced by Wavve, a local streaming service. Busan Story Market generated 1,027 business meetings during the market, according to organizers. Many companies were understood to still be negotiating deals as the market came to a conclusion. But many still think it is worth the price.” “With the global economy in bad shape and some countries still having strict COVID restrictions, box office is yet to have recovered fully.” Added Kim: “Buyers also find it difficult to cope with the increased price of Korean content. “Overall we didn’t think it was an aggressive market,” said Joy Kim, manager of international sales at Showbox, which brought Korean titles, including Don Lee’s Men of Plastic and Ransomed, an action thriller featuring Ha Jung-woo as the male lead, to the market. production companies, including Double Hope Films and United Talent Agency, discussed the global success of Korean dramas and films, while also exploring strategies for future development.ĭespite the high attendance rate and enthusiasm about Korean content, some companies told THR that actual sales were slow this year, with few major acquisitions announced. On Sunday, participants from Netflix Korea, acclaimed Korean screenwriter Chung Seo-kyung and U.S. The market’s highlight was the pitching sessions of the newly launched Busan Story Market, where original IP spanning Korean and Asian novels, web comics and web novels were introduced to domestic and international industry professionals. “With Tokyo’s TIFFCOM continuing to be an online event this year and Hong Kong’s political tension, I think many view ACFM as the best option to trade Asian content,” the official said. British TV Comic to Shred More Than $10,000 If David Beckham Doesn't Cancel Lucrative Qatar Deal Before Soccer World CupĪ market insider who spoke on condition of anonymity told The Hollywood Reporter that ACFM could potentially become the primary platform for trading in Asian content for the foreseeable future, with Filmart, the biggest film trade market in Asia, losing its attractiveness due to Hong Kong’s political unrest and strict COVID restrictions. ![]()
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