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Korean gov’t ups film funding by 81%; dramatic 2026 measures to save domestic industry
Korea’s culture ministry is taking dramatic measures to revive the domestic film industry, saying this month that it was increasing its 2026 budget for sector support by about 81% compared to 2025. The initiative – in response to film industry pleas – takes funding from KRW 82.9 billion/US$59.7 million to just under KRW 150 billion/US$108 million. ▶ Read the full story here
TCCF unveils pitch projects headed for Taipei; 60% of 700 submissions involved international & co-production – TAICCA
International submissions and co-productions involving Taiwan accounted for 60% of entries for this year’s TCCF Pitching, which takes place in Taipei in early November. The fest, organised by the Taiwan Creative Content Agency (TAICCA), received almost 700 submissions from 44 countries. 94 projects were selected. Top submitting countries (ex-Taiwan) were Japan, Thailand, the U.S., Korea and Singapore. TAICCA said international submissions underscored TCCF’s growing recognition on the global stage as well as rising cross-border collaboration. ▶ More at www.contentasia.tv
TrueVisions NOW picks up “Race to Space”; Banijay Asia space travel format heads to Thailand
The first Thai citizen is heading to space as part of a deal announced today for Banijay Asia homegrown format, “Race to Space”. The Thai version of the ambitious production, created by Banijay Asia out of India and international agency SERA (Space Exploration & Research Agency), is a partnership between the newly re-branded TrueVisions NOW and Southeast Asian production label, CreAsia Studio. ▶ Read the full story here
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