Magazine article Screen International

Korean Industry Protests KOFIC Budget Cuts

Magazine article Screen International

Korean Industry Protests KOFIC Budget Cuts

Article excerpt

They pointed out KOFIC was given a budget of more than $3.1m (KW3.5bn) to help fund international film festivals, but decided to use only $2.58m (KW2.9bn), leaving about $530,000 (KW600m) unallocated.

Meanwhile, BIFF's funding was cut by $587,000 (KW660m) compared to last year. They also pointed out that for the independent film specialty cinemas, the number of cinemas to be supported by KOFIC has been cut from four last year to three this year, with one of the three as yet undecided.

Also, in the case of the arthouse cinema operating support programme, KOFIC has not announced any official plans to carry it out to date.

Filmmakers Lee Eun, Goh Young-jae, Chung Yoon-chul and Lee Choon-yun were amongst the representatives in Busan for organisations such as the Korean Film Producers' Association (KFPA), the Directors' Guild of Korea, the Association of Korean Independent Film & Video, the Solidarity of Korea Film Groups and the Federation of Korea Movie Workers' Union.

They held a short press conference outside the KOFIC building and went in to meet with chairman Kim Sae-hoon and conveyed their statement of protest. …

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