Magazine article Screen International

Busan, Youku to Sign MOU

Magazine article Screen International

Busan, Youku to Sign MOU

Article excerpt

Busan Film Festival and Chinese video platform Youku to sign MOU on Asia's Masters and Newcomers Project

Busan International Film Festival (BIFF) has announced it will sign an MOU with Youku, also known as the YouTube of China, to launch the Asia's Masters and Newcomers Project. The signing ceremony will take place Oct 4 during the 19th BIFF.

BIFF and Youku are aiming to discover and nurture new Asian directors with the MOU. From 2015 to 2017, the Asia's Masters and Newcomers Project will give financial support to four new directors and four established ones to produce short films.

With the signing of the MOU, the plan is that BIFF will select two Asian Film Academy (AFA) filmmakers and Youku will choose two others elsewhere. BIFF and Youku will finish selecting directors by the end of the year and have them start production from the first half of next year.

The eight completed shorts will premiere at BIFF. Youku will select one finalist from amongst the new directors and finance a feature film for them. …

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