Busan ACFM Chief Oh Seok Geun Talks Changing Role Of Film Markets And Challenges Facing Korean Film Industry

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Asian Contents & Film Market (ACFM), the industry platform of Busan International Film Festival (BIFF), is making a return as a fully-fledged in-person event this year, after being mostly held …

, is making a return as a fully-fledged in-person event this year, after being mostly held online for two years during the pandemic.

It is true that in Asia there are big gaps in the film industry between countries due to the differences of religion, politics and economy. In order to promote the mutual development of the Asian film industry, it is necessary to create an environment to discover and sponsor Asian cinema and enable it to obtain international competitiveness. This is the purpose of BIFF and the existence of ACFM.

DL: And how is ACFM also incorporating streaming and episodic content into the market and other industry platforms?Markets need to have products, sellers and buyers. ACFM considers IPs as ‘products’. Any audiovisual content needs a story as its foundation, and naturally, there will be many buyers for good stories, as well as sellers.

 

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